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It was a recurring theme of mine on the old site. Nassim Taleb came into vogue during the pandemic as it was the Black Swan of Black Swans
Just getting the ball rolling ..... we will grind on this in a bit
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I read those when I was like 19 and I think about them oftenComment
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I’m impressed PLOL and it explains a lot about your approach to most everything you post past & present. I follow hard
Thinking Fast & Slow (not fun but great)
The Undoing Project - Michael Lewis
all the same “get your mind right”
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I need to read Thinking Fast & Slow. Some very sharp people have recommended itComment
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How random... audiobook on youtube
perfect to fall asleep with... cause you’re alone ... or soon will be if you keep up this lifestyle
Countless gems
fascinating career path. Culminated in prop trading at one point. His approach is scripture
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did you read The Undoing Project or are you waiting for the movie. It is the Thinking Fast and Slow cliff notes and the characters behind it. The relationship between Danny Kahneman and Amos Tversky was a love story without the sex. They were having sex with weather others mind. All Michael Lewis books are character driven. Michael Burry, for instance. Billy Beane.Originally posted by PLOL View Post
story about tortured soul Danny Kahneman paying someone $5,000 to have academics write critical reviews of his manuscript for Thinking Fast and Slow. Kahneman was convinced if it was published it would ruin his career. He was so racked by self doubt.
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I haven’t seen this exact interview but I’ve seen others from this book tour and Lewis is such a grand storyteller ... you may not feel the need to read either book.
I promise you will listen to the end
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The future has always been crazier than we thought.
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Just a heads up in the intro to Thinking Fast and Slow he mentions liking the stock so there’s thatComment
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Options traders know two things... volatility and alcohol - Nassim TalebComment
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I’m in a mood and I think you should suffer as well... thus, I’ll share my thoughts
Degens know that most of your gains occur in narrow windows. Poker, sports, stonks, life. You swap spit for the most part. You hope to stay in the game with, at most, small losses until the big one sets up... this was core to Nassim’s strategy as an options trader. He did okay I’m told, lol.
most people are not wired to accept recurring small losses. most people it has been found prefer a large singular loss emotionally.... I digress, a little
my life-long fascination with the colossal stupidity of casino companies (tip stealing cruise companies too) and the pandemic black swan was a singular good bink for me. Thank you Wynn
in that context, I offer you this fine CNBC article doubting the great one (and Danny Kahneman on bass) from 2009. Lulz. Wonder if the author unexpectedly died of the virus?
https://www.cnbc.com/id/31386309
yeah, that aged well.Comment
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