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This is what I get too. I've read all his books except the technical one (Dynamic Hedging) and this conclusion of 'nonsense' about a pretty clearly written para
by tsax 13y ago
This is what I get too. I've read all his books except the technical one (Dynamic Hedging) and this conclusion of 'nonsense' about a pretty clearly written paragraph is baffling. I too read the paragraph and came to the conclusion you did.
Maybe the above commenter has a hard-on for bullet points and power point presentations but Taleb has repeatedly said that he writes essays for pleasurable consumption and not business books (regardless of how the publisher markets them).