
A conversation between Nassim Nicholas Taleb and Stephen Wolfram (July 2, 2021) [Part 1]
The Stephen Wolfram Podcast
The Tail Will Always Won the Dog
The tail will always eventually wag the dog, that's exactly the thingin economics. The problem is that our spurious information grows with squares and yo number variable but the contraction to the law of large numbers goes away too slowly. When you have a high dimensionality, you end up having a lot of securities and not enough data por security.
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