just like in december before magic happen?...probably need a few percent hike...but than the US have to pay more interest on the treasuries(12 trillion?)....probably not going to happen.
In need of a black swan event
- Thread starter magicz
- Start date
Brexit is a pussy. Not a black swan.
A black swan is outside your schemata.
Therefore none of these "Tail Risk" is a swan.
Because they are all known unknowns.
Swans are unknown unknowns.
have you read N Taleb's latest book?
[there might be some ideas in it]
i'm about have way through Antifragile,
but i have to admit, it's not an easy read for me
marc
[there might be some ideas in it]
i'm about have way through Antifragile,
but i have to admit, it's not an easy read for me
marc
if they made it easy to read then we'll know exactly that they have no idea what's coming.have you read N Taleb's latest book?
[there might be some ideas in it]
i'm about have way through Antifragile,
but i have to admit, it's not an easy read for me
marc
have you read N Taleb's latest book?
[there might be some ideas in it]
i'm about have way through Antifragile,
but i have to admit, it's not an easy read for me
marc
Antigragile
-> Asymmetries
-> Optionalities
-> Convexities
That's how I summarize it.
However it's not an easy read.
As you say. There is lots to learn about.
He's on his way for another book "The Logic of Risk Taking".
However I am a big fan of antifragility. I am also a big fan of anticipatory.
People would be glad one day remembering you said that!
To me this is a black swan.
why would a trader ever need to know the reasons of the market doing something be it a black swan of white dove? to prepare oneself? how? who cares why? who cares when?
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Because greed dictate me to want to prepare to benefit from other's misery.