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He's saying that Taleb's points are not very useful or original.
by kingkongrevenge 17y ago
He's saying that Taleb's points are not very useful or original.
- david927 17y agoI know. I read it. My point was that he thinks that because he thinks that Taleb is simply saying 'shit happens'. He's not. We believed in the Gaussian curves and risk measured in standard derivations. We believed VaR and it ate us for lunch. If it's not very useful or original, September would not have proved him out so well.