[CentralOH] 2016-09-02 道場 Scribbles 落書/惡文? Nassim Nicholas Taleb Michael Lewis Roger Lowenstein corzine meriwether

R P Herrold herrold at owlriver.com
Tue Sep 6 11:43:03 EDT 2016

On Sat, 3 Sep 2016, jep200404 at columbus.rr.com wrote:

> Nassim Nicholas Taleb
>     Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

> Michael Lewis

omitted was Moneyball, which is also rather nice

> Roger Lowenstein

In the circles I participate in, Taleb is considered something 
of a snake oil salesman.  He had an early technical work on 
pricing complex options, but then seemed to re-invent himself 
as Michael Lewis

see also:

Fortune's Formula: The Untold Story of the Scientific Betting 
System That Beat the Casinos and Wall Street
by William Poundstone

was not on that list and is well worth the read.  The 'binary' 
nature of decisioning making help ofered by a of a Kelly 
criterion has inspired further work by Ohioan Ralph Vince ( a 
personal friend ) as to 'optimal' position sizing when 
investment allocation multiple choices exist, but the work is 
quite technical and hard to generalize a easy to state rule 
out of

I see that Amazon has used hardcover copies of

Fischer Black and the Revolutionary Idea of Finance
by Perry Mehrling

essentially for shipping cost, and I found that work quite 
thought provoking

-- Russ herrold

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