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November 1, 2007

black swans

i'm currently reading Fooled by Randomness :: a book on the markets, statistics, and yes...randomness :: a bit controversial and delightfully arrogant.

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Comments (5)

"a bit controversial and delightfully arrogant"
I see I'm not the only person that could hardly hear the author from up on his pedestal.
Good book overall, though. Don't think it needed to be a book. Could have been a pamphlet. Oh, to be in 18th century Philadelphia.

Posted by: kurt at November 1, 2007 9:37 PM

If you haven't read The Black Swan, do...

Also, I'm a big fan of the show (am wearing my sports racer rubber ducky shirt as I type this..just coincidence)--wish you would bring it back)--and am part of the DC Quack Pack. I'm heading up to NYC for my birthday in November, and would like to invite you to join our band of merry makers at the Brooklyn Brewery tour.

I'm sure you're busy, but what the hell, I thought I'd ask.

Posted by: Justin Hamilton at November 1, 2007 9:42 PM

"Could have been a pamphlet."
I'm glad you wrote that. I keep noticing that the author seems to repeat himself, and I couldn't quite decide if it really was the same idea over and over again or if I just wasn't clever enough to distinguish the subtle nuances between different topics and different arguments. There ARE quite a few shades and variations in the concepts, but still....
I AM glad that he expounds upon all his slightly different topics with so many crazy little anecdotes. He obviously had fun writing this book. Reading it reminds me of getting stuck in office hours with one of my favorite little-old elitist professors; he repeats himself, goes off topic (or so you think), tells you a story you'd never hear anywhere else, and has you convinced that he's right by the time you walk out the door.
I might finish reading the book eventually, but I'm more and more powerless against this pesky internet addiction every day....

Posted by: Diana B. at November 2, 2007 1:21 AM

It's published by Random House.
Providence, coincidence or manipulation?

Posted by: Diana B. at November 3, 2007 1:04 PM

I think the great thing about Taleb is his ability to make an intuitive point about a counterintuitive topic. People spend a lot of mental energy looking for connections between and causes of events, when in fact there are none. For a less arrogant and ongoing look at this topic, the freakonomics blog is a great resource.

Posted by: Max at November 6, 2007 12:33 PM

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