Comments on: Taleb : applied to web development http://www.whiteoctober.co.uk/blog/2008/06/02/taleb-applied-to-web-development/ great stuff about the web Fri, 05 Dec 2008 14:11:41 +0000 http://wordpress.org/?v=2.6.3 By: Cyan Collier http://www.whiteoctober.co.uk/blog/2008/06/02/taleb-applied-to-web-development/#comment-232 Cyan Collier Mon, 02 Jun 2008 14:46:00 +0000 http://www.whiteoctober.co.uk/blog/?p=66#comment-232 Yeah - The Times is rubbish these days. You can't really take seriously a paper that has people such as Rosie (house prices always go up) Millard and Anatole (The Germans need to take on more debt) Kaletsky as economics columnists. Complete eejits. Yeah - The Times is rubbish these days. You can’t really take seriously a paper that has people such as Rosie (house prices always go up) Millard and Anatole (The Germans need to take on more debt) Kaletsky as economics columnists. Complete eejits.

]]> By: Dave http://www.whiteoctober.co.uk/blog/2008/06/02/taleb-applied-to-web-development/#comment-231 Dave Mon, 02 Jun 2008 14:20:34 +0000 http://www.whiteoctober.co.uk/blog/?p=66#comment-231 That was a quote from the Sunday Times article which I'm assuming came straight from the horse's mouth. I included the quote to give examples of the outcomes of tinkering - I agree that the 'All were black swans' sentence didn't make much sense. That was a quote from the Sunday Times article which I’m assuming came straight from the horse’s mouth. I included the quote to give examples of the outcomes of tinkering - I agree that the ‘All were black swans’ sentence didn’t make much sense.

]]> By: Cyan Collier http://www.whiteoctober.co.uk/blog/2008/06/02/taleb-applied-to-web-development/#comment-230 Cyan Collier Mon, 02 Jun 2008 14:14:38 +0000 http://www.whiteoctober.co.uk/blog/?p=66#comment-230 Hmmm.. Not sure if I'd refer to the invention of the internet as a black swan, more an evolutionary process. Black swans are "events". Things like the wild west are much better analogies for the internet. True black swans are events that come out of nowhere and forever change our perception of the world. 911 is a good example of a black swan event. Apart from that Taleb talks a lot of sense, he's one of the few bearish investors/ economists to speak out. Fred Harrison and Joseph Stiglitz are probably in the same ballpark, they are all now vindicated. Health warning: Reading Fred Harrison's book can seriously damage your optimism! Hmmm.. Not sure if I’d refer to the invention of the internet as a black swan, more an evolutionary process. Black swans are “events”. Things like the wild west are much better analogies for the internet.

True black swans are events that come out of nowhere and forever change our perception of the world. 911 is a good example of a black swan event.

Apart from that Taleb talks a lot of sense, he’s one of the few bearish investors/ economists to speak out. Fred Harrison and Joseph Stiglitz are probably in the same ballpark, they are all now vindicated.

Health warning: Reading Fred Harrison’s book can seriously damage your optimism!

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