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WinLoseOrDraw

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WinLoseOrDraw

Re: None

Tuesday, 10/14/2008 3:39:00 PM

Tuesday, October 14, 2008 3:39:00 PM

Post# of 147246
Mr. Black Swan speaks...

http://www.bloomberg.com/apps/news?pid=20601087&sid=aDVgqxiT9RSg&refer=home

Taleb is angry that Wall Street is continuing to use traditional tools such as value at risk, which banks use to decide how much to wager in the markets. "We would like society to lock up quantitative risk managers before they cause more damage,'' Taleb said.


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