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Book Review: Black Swan – The Impact Of The Highly Improbable
The “Black Swan,” of Nicholas Nassim Taleb’s title, describes an event that occurs completely outside expectations, has an enormous impact on future developments, and can be explained only in hindsight...
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Book Review: Fooled by Randomness
Nassim Nicholas Taleb’s book should come with a warning on the cover: “If you are turned off by an arrogant, attacking, argumentative style, you will miss one of the best set of ideas on markets and...
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Recap and Release of the GSEs
The US Treasury department, reportedly is wrestling with a plan for the re-capitalization and re-privatization of the Federal National Mortgage Association (aka FNMA, aka Fannie Mae) and the Federal...
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