taleb

Friday Movie Night - Wall St. is in Charge

hot buttered popcorn It's Friday Night! Party Time!   Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!

 

First is quite a bombshell from Bill Moyer's Journal on the financial bail outs. Congress Representative Marcy Kaptur and Economist Bill Simon brazenly say Wall Street is in charge of the government. This is a must watch.

Wall Street is in Charge

 

Book Review - The Black Swan

Taleb is an asshole. He would not be fun at parties, pointing out every single logic flaw one can possibly possess. Overlooking the lies and pride that make up so much social lubricant in specialized societies, such as quantitative analysis, is not something this guy is going to deal with. Say something stupid, he's not going to just smile and nod and be one of the boys. Seriously. But he's the type of asshole one wants around when dealing with the increasing prevalence of mathematical models used in structured finance.

Taleb hates the Gaussian.