Friends, nitpickers are welcome (truly welcome) for the technical work. I posted the first 2 chapters of my textbook style document.
Friends, nitpickers are welcome…
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Monthly Archives: March 2013
Friends, let us help Spyros Makridakis …
Friends, let us help Spyros Makridakis by nitpicking his paper showing why hypertension is overtreated & busting medical myths. All comments are welcome.
Practice teaches us is to learn to do *convex* things without a clear reason.
Practice teaches us is to learn to do *convex* things without a clear reason. The objective of systematized education is to stamp out such behavior, even pathologize it.
[Opening of the Forthcoming Lecture on Antifragility at Stanford Technology Ventures]
Friends, Sarkozy provides another example of someone selling contacts and prestige stolen from the taxpayer.
Friends, Sarkozy provides another example of someone selling contacts and prestige stolen from the taxpayer. We find it shocking if someone took priesthood “for a few years” in order to acquire contacts and to subsequently take a job as a salesman for Goldman Sachs; but we accept civil service as a nice career builder … And of course we are offered the sophistry “everyone should be able to make a living”.
The only way to 1 filter politicians and 2 purge the system from tacit delayed corruption is by forcing repayment of all income subsequently earned by ex-officials that is deemed to belong to the taxpayer.Contrast this with Charles de Gaulle who, upon leaving office, spent a decade philosophizing in his austere country home.Current culprits are: Tony Blair, Bill Clinton, John Major, etc. I can hardly find an exception.
I was offered a position in a “governance” thinktank with such blokes as Sarkozy, Blair, Schroder, etc. who have the nerve to talk about such a subject. I declined to be part of it.
Sarkozy to Start Private Equity Fund Backed by Qatar?Nicolas Sarkozy is being wooed by sovereign wealth funds including Qatar’s who are ready to back him to start a private equity fund.
Permanently “Risk-Off”
Taleb writes: “Stifling natural fluctuations masks real problems, causing the explosions to be both delayed and more intense when they do take place. As with the flammable material accumulating on the forest floor in the absence of forest fires, problems hide in the absence of stressors, and the resulting cumulative harm can take on tragic proportions. And yet our economic policy makers have often aimed for maximum stability, even for eradicating the business cycle.
via http://www.valueinvestorinsight.com/pdfs/IssueTrialFE2013VII.PDF (pdf)
HatTip To… Apologies! I can’t find the email that sourced this article. But, Thanks!