Wednesday, April 15, 2009

Taleb - your 15 minutes is up

Finance Professor posts a couple of links about Nassim Taleb (the black swan dude) that criticize some of Taleb's recent prognostications. Although Finance Professor likes Taleb, I think Taleb has had his 15 minutes of fame. We get it! Returns have fat tails. This isn't new information. What was new was that Taleb had the notion to write a book on it. Anyhow, his rants on academic economists are childish and frankly tiresome.