Scott Patterson's Chaos Kings, Part 3

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N N Taleb's Probability Moocs

N N Taleb's Probability Moocs

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+ Why Ilmanen-style "simulations" of tail performance are both theoretically and empirically flawed because of 1) need to extrapolate extremes, and 2) The Niederhoffer problem.
+ The birth of the Non-Naive Precautionary Principle in East Anglia, in a pub discussion with Rupert Read.

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