Recent content by SF in London

Of course the above refers to Taleb, not Niederhoffer. I'm referring to his mumble swerve in public about not running a hedge fund after 2001, yet Empirica Kurtosis wound up in 2004. Add to that his Paloma record. Yet he rails on about other managers. It seems that if he wants to point...

Whether the fund lost money or not despite being reported on a site for "troubled" companies is one issue, but it is not the only issue. When public utterances including dates and representations such as you weren't running a hedge fund in the "common accepted sense" do not track with...

OK Atticus, here's my point. Taleb's "success" is only swallowed by novices, but there is no proof of any trading success. Paloma colleagues say he was removed from trading to research, and the only evidence of his subsequent fund's "voluntary" wrap up is on a "Troubled" companies forum...

Paloma and Empirica Kurtosis: If Taleb's trading strategy was successful, there is no evidence of it. Taleb: Empirica LLC, which owns interests in hedge funds, and operates a research laboratory in London, Empirica Laboratory Limited, and a Hedging operation (no, it is not a "hedge fund" in...

Taleb's blather: Empirica LLC, which owns interests in hedge funds, and operates a research laboratory in London, Empirica Laboratory Limited, and a Hedging operation (no, it is not a "hedge fund" in the common accepted sense as the bulk of the business consists in portfolio protection...

Taleb's strategy doesn't seem to ever have worked for him in practice. I am not sure what he was trying to communicate at this conference, but it seems he wanted the audience to be fooled by shamlessness. According to Taleb: Empirica LLC, which owns interests in hedge funds, and operates...

Amazon posts may be worthless, but this fellow writes well, and his points are valid: 1 of 1 people found the following review helpful: Don't insult my intelligence, June 27, 2007 By carbon cycle scientist (Baltimore, MD USA) - See all my reviews Taleb's concept is certainly not...

This transcript is from Taleb's interview on the Colbert Report. Taleb's "logic" falls apart under questioning by comedian, Stephen Colbert, but that was entirely Taleb's fault for overreaching. Taleb: Take Google, September 911, the rise of the internet, Harry Potter…They were unexpected...

One of my engineering friends says: "The entropy of the universe is increasing, unless you put some energy into the system."

Point taken, but my bar isn't nearly that low. Back to trading.

Greenspan and Bernanke have no weeds in their garden. Previously Greenspan said risk was under control, but perhaps he just hoped that rising housing prices would bail out problems on his watch: “… lenders are now able to quite efficiently judge the risk posed by individual applicants...

300k??!! he stated in NYC that the book royalties just might allow him to break even on his book purchases.... surf:D :p :D [/B] He probably meant that he's buying books himself to artificially keep his ratings up, if so, he's not making much on his books at all.

Taleb is yesterday's promoter... Though his book remains compulsory reading for the basic concepts. [/B] The basic concepts are better done in any competent introductory stats course. But Taleb deserves a little pity. He's aging and desperate to be relevant. Then there's the pay...

This BLACK SWAN refers to the swashbuckler with Tyrone Power, a passable pirate escape movie. The treasure hunters claim their discoveries are the result of a reasonable business plan, and they have already made more than one major find. The movie is much better than the book.