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It might be useful to be able to predict war. But tension does not necessarily lead to war, but often to peace and to denouement.
Nassim Nicholas Taleb
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Nassim Nicholas Taleb
Age: 64
Born: 1960
Born: September 11
Author
Economist
Essayist
Mathematician
Philosopher
Statistician
University Teacher
Writer
Nassim Nicholas Najib Taleb
Nassim Taleb
Might
Useful
Necessarily
Lead
Peace
War
Often
Denouement
Doe
Predict
Able
Tension
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You don't become completely free by just avoiding being a slave you also need to avoid becoming a master.
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If something is going on, I hear about it. I like to talk to people, I socialise. Television is a waste of time. Human contact is what matters.
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I always remind myself that what one observes is at best a combination of variance and returns, not just returns.
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Probability is not a mere computation of odds on the dice or more complicated variants it is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance.
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The inability to predict outliers implies the inability to predict the course of history
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If you let markets - in general, my belief is that if you let markets give you information, they'll give you the information rather than artificially prop up everything.
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