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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Night Trader who wrote (95558)4/18/2002 5:26:04 AM
From: Michael Bakunin  Read Replies (1) | Respond to of 132070
 
That article is great fun and Taleb's thinking is immensely charming.

But Kurt Goedel beats Karl Popper with a sharp stick.



To: Night Trader who wrote (95558)4/18/2002 9:25:41 AM
From: Tommaso  Respond to of 132070
 
I enjoyed the article, too. Couldn't stop reading it, in fact. All boils down to: "Expect the unexpected."



To: Night Trader who wrote (95558)4/18/2002 12:11:57 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
mk, Great article. He is one of the few people who likes OTM options. Also, he is one of the few who believes, as I do, in the luck factor of investment gurus. He used the number 10,000. If 10,000 investors do radically different things in the markets, at least one is likely to be a big winner over the long term. Often the theories of how they invest take hold after they've made the money. That is also a reason why I dislike indexing and closet indexing. No big winners, no big losers on a relative basis. Just mind-numbing mediocrity as far as the eye can see. <g.