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Not a fan of Taleb, who is in love with the sound of his own voice, and who is articulating concepts that may be shocking to pit traders but not so much to anyone who has spent quality time on Usenet.



Yeah, he gets repetitive for sure. But I still think the core of his message is sound and (somewhat) counterintuitive (to me at least): you can lose most bets if you win the rare large ones, people underestimate the probability of outlier events, people tend to find patterns in sheer randomness, etc.




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