I love Nassim Nicholas Taleb! <3
Very interesting/challenging article from NNT over at edge; The Fourth Quadrent. He’s one of those people who I read everything they put out religiously. Actually I haven’t read The Black Swan yet, but it’s pretty high up on my reading list (probably the 2nd book I’ll read after I finish my current one). He actually makes me interested in economics and the financial world :p
I guess I like him because he sees through bullshit and talks about reality so well. I remember reading somewhere him talking about a game where you’ve just seen a coin get tossed and come down heads 50 times in a row, and the odds of it being tails the next time. The typical science/statistics response is that it’s a 50% chance of being either heads or tails, but Taleb pointed out that it’s much more likely the game is rigged and you’re not seeing random results at all. I think it’s really important to consider reality when working out problems, not just the theoretical solutions.