Re:Taleb - the new sage of Wall Street |
by timr on Tuesday October 07, 2008 @04:53AM
(#325558)
You're being extremely cynical.
The point is not that you (probably) lost money in last week's market; the point is that you didn't go bust. The guys that Taleb is talking about put it all on the line, discounted the possibility that this sort of thing could happen, and now they're dead.
Like I said: I don't like Taleb's writing, but I don't think the message is particularly bad.
The point is not that you (probably) lost money in last week's market; the point is that you didn't go bust. The guys that Taleb is talking about put it all on the line, discounted the possibility that this sort of thing could happen, and now they're dead.
Like I said: I don't like Taleb's writing, but I don't think the message is particularly bad.