I just got this on audio, and reading the Amazon reviews on Captain Obvious' latest literally effort. I would like to hear opinions on his book from traders though. Anybody read it? Anyhow, here is one:
"For example, Taleb argues that the EPA is unnecessary because (according to Taleb) the mere threat of civil litigation is sufficient to prevent corporations from polluting our water and air. Unlike Taleb, who was a 10 YO boy living in Lebanon when the EPA was enacted, I grew up in a pre-EPA American steel mill town during the 1950s and 1960s. I know from my own experience that after the EPA was passed in 1970, the sky over my town turned from brown to blue and my bronchitis went away. Moreover, I know from my 30+ years of experience as a lawyer, that the threat of civil litigation has little, if any, deterrent effect on polluters. "
Another one:
"His overall philosophy appears to be self-refuting. He reviles “intellectuals,” professors, and thinkers while praising “doers” and men of practice. He’s particularly distrustful of those who give advice for a living. Here’s Taleb:
“Avoid taking advice from someone who gives advice for a living, unless there is a penalty for their advice.”
So should we then ignore THIS advice? As far as I can tell, Skin in the Game is a work of philosophy, an intellectual exercise that argues against the value of intellectual exercise. "
Let's include a positive point too:
"That Taleb is antagonistic and holds some questionable views does not mean that he’s wrong about everything. When not being demeaning or taking extreme positions, Taleb writes about some of the most original, thought-provoking, and profound ideas. And even when you find yourself disagreeing with him, he makes you think. For this reason alone, the book is worth checking out."
"For example, Taleb argues that the EPA is unnecessary because (according to Taleb) the mere threat of civil litigation is sufficient to prevent corporations from polluting our water and air. Unlike Taleb, who was a 10 YO boy living in Lebanon when the EPA was enacted, I grew up in a pre-EPA American steel mill town during the 1950s and 1960s. I know from my own experience that after the EPA was passed in 1970, the sky over my town turned from brown to blue and my bronchitis went away. Moreover, I know from my 30+ years of experience as a lawyer, that the threat of civil litigation has little, if any, deterrent effect on polluters. "
Another one:
"His overall philosophy appears to be self-refuting. He reviles “intellectuals,” professors, and thinkers while praising “doers” and men of practice. He’s particularly distrustful of those who give advice for a living. Here’s Taleb:
“Avoid taking advice from someone who gives advice for a living, unless there is a penalty for their advice.”
So should we then ignore THIS advice? As far as I can tell, Skin in the Game is a work of philosophy, an intellectual exercise that argues against the value of intellectual exercise. "
Let's include a positive point too:
"That Taleb is antagonistic and holds some questionable views does not mean that he’s wrong about everything. When not being demeaning or taking extreme positions, Taleb writes about some of the most original, thought-provoking, and profound ideas. And even when you find yourself disagreeing with him, he makes you think. For this reason alone, the book is worth checking out."
