Getting close to finishing the first draft of the book. Changed the title to “Fat Tails and Asymmetries”. Wrote a preamble.And the central message:” It is better to take risks you understand than to try to understand risks you are taking.” http://www.fooledbyrandomness.com/FatTails.html

Questions: There are two options, 1 academic publisher , 2 staying at Random House & Penguin. The MS will remain free on the web in both situations. The academic route requires academic reviewers, etc., much less the other. Any pros and cons of either?

Thanks for comments.

via Getting close to finishing the first draft of… – Nassim Nicholas Taleb.