Nassim Nicholas Taleb on Black Swans
EconTalk
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The Gaucian's Self Referential Problem
A had four other problems of almost equal magnitude that had nothing to do w gambling, that have nothing to do with being the casino sarbsara interrupted ou. You can use some classes of distributions to sort of er get a idea of your sensitivity to model error, but you cannot use them to make precise predictions. People thought, heo o use kao theory to build better models. No, if ca theory tells you something, it is that you cannot build models.
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