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isn't a coin toss equiprobable (yes, of course, assuming it's a fair coin)?

interesting list. definitely gets appended to my list of trader's rules. he forgot the rule about knowing when to make exceptions.

i guess im in my head phase.

and im in fla.

spoken like a true friend of Job.

!

Same thing occured to me.

Taleb's experiencing the andy warhol effect, like they all do.

the markets are the Great Equalizer. This is the place where you can tell Colby Harvardgrad to get a life. Your account doesn't care if you have an MBA. OK. You wanna go work for <a href=>http://home.netcom.com/~ntaleb/newyorker.pdf this guy</a> , I suppose you have to jump through the...

because it looks like any old stock chart. I think it's saying, in answer to your question, that it will happen to all of us. The question is, how much size will we have on when it does. Ralph Vince's discussion of Optimal f touches on this (Portfolio Management Formulas). Solomon...

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ok. go here.

Before I answer that, did you click on the free chart I posted to your attention?

What people call randomness can for or against Dr. Niederhoffer as much as it does for Taleb. Every dog has its day. I think most people are more subject to it than they would like to think.

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I misinterpreted the point of discussion of aggregate probabilities on page 167.

it really is an amazing account. Of course I shred the media, because it's so darn shreddable. I don't appreciate the casting of Niederhoffer as they have. He's a fine human being. I hope he has the last word. I look forward to Taleb's book because I share similar hunches about...

:D :D :D You said all that, I didn't. I'm simply describing the theme of the article. Even the title is shot at Victor Niederhoffer. They never fight fair. I picked up NY a coupla months ago with high hopes. I was disappointed by the spin. Another contradiction. They diminish the...

yeah. that one comes from the left too.

one of the left's most effective tools is its elitist social commentary, its celebrating of all things esoteric and avant-garde. some call it 'baffling w/bs.' Who gives a rip how many gargoyles the hero has at home? And I love this buy 'a social amount' nonsense. It's a fascinating...