Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Yes, I am aware of that

In the Black Swan he talks about his endeavor with the stock market and how lucky he got by chance, and not by using some pseudo scientific formulas and whatnot to "predict" how his stocks would do. He also gave some pretty good advice when it comes to the stock market

The whole book is just awesome, I'd recommend giving it a read



I have read it.

- He isn't a stock trader, he is a bond trader. The kind of bets you need to make to be succesful are different.

- "how lucky he got by chance" - He doesn't say this. He talks about how we can even better model uncertainties.


My apologies, you are correct on the first point.

>He talks about how we can even better model uncertainties.

Where does he say this? What chapter? Thanks in advance.

edit: were you alluding to his barbel strategy?




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: