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Quantifying Structural Risk in 'Zombified' Markets | Hari Krishnan & Ash Bennington
Hidden Forces
What's the Problem With Markwits Models?
Taleb: Most people intuitively, sort of work within that framework. But for me, i wanted to take a lot of those black swans and push them back into the gray swan category - which is not common, but not that rare. The goal there was to say, well, can take extreme moves and actually say something meaningful about them in a numerical way. So kind of like going from chaos to manageable complexity,. That still says something interesting and representative about the or me there.
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