Tag Archives: Black Swan

The Most Hilarious Comment I Have Spotted This Friday

Justin Wolfers is making a “wisdom of crowds” experiment, asking Freako readers to guess how he’ll score on a Marathon he’s doing. Most of the commenters give a guess in between 4 hours and 5 hours. – Then, that one … Continue reading

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QUESTION TO THE READERS: Could anyone guess what Nassim Nicholas Taleb would think of the prediction markets?

Fortune: The idea that catastrophe can strike without warning does not seem particularly hard to understand. Why doesn’t Wall Street ever seem to allow for that possibility? And why doesn’t it learn from past catastrophes? Let me blame business schools … Continue reading

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