Much talk this year about Nicholas Taleb’s Black Swan. (For short and long — but remarkably lucid — discussions of the concept, from a completely non-mathematical perspective, take a look at this excellent introduction from Grumpy Old Bookman.) Most of the coverage of the concept has been laudatory, so it’s useful to hear a discouragingContinue reading “The Black Swan vs. Power Law”
Tag Archives: Taleb
The Black Swan Speaks: Beyond the Narrated
"We love the tangible, the confirmation, the palpable, the real, the visible, the concrete, the known, the seen, the vivid, the concrete, the emotionally laden, the salient, the stereotypical, the moving, the theatrical, the romanced, the cosmetic, the officials, the scholarly-sounding verbiage [b*****t], the pompous Guassian economist, the mathematicized crap, the pomp, the Academie Francaise,Continue reading “The Black Swan Speaks: Beyond the Narrated”
Kit Stolz 