This piece by Nassim Taleb, author of The Black Swan, is introduced by Vanderleun, who notes:***
The author of "The Black Swan" proposes some fundamentals so simple that even a Neanderthal can implement them.
Hence chances for implementation approach absolute zero until the coming catastrophe subsumes trillions of dollars and billions of people and members of our "expert elite ruling class" are demoted to pinatas and lampost decorations...
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Read all of the links, then think through what it means if Vanderleun's arch prediction of non-implementation is accurate.
Tempus fugit.
***
Read all of the links, then think through what it means if Vanderleun's arch prediction of non-implementation is accurate.
Tempus fugit.
Well-written and entertaining. Thanks for sharing it.
ReplyDeleteCorporate America set up a perfect storm. Foreign entanglements (with our political enemies, no less) in the global economy, encouraging financial mercenaryism with performance incentives for people who already earn many times what the average worker will ever see...
"Make an omelette with the broken eggs"?
ReplyDeleteBut what will Humptdey Dumpties of the world think about that!