Nassim Taleb’s Black Swan is a must read for anyone interested in risk and uncertainty. The guy is super interesting and a clear outlier (former trader).  I remember thinking how full of cr*p most of the economic models I studied at university where, especially when it came to their assumptions. I liked econometrics, but as an intellectual exercise - not a tool to predict real-life events.
🌊 Black Swans
🌊 Black Swans
🌊 Black Swans
Nassim Taleb’s Black Swan is a must read for anyone interested in risk and uncertainty. The guy is super interesting and a clear outlier (former trader).  I remember thinking how full of cr*p most of the economic models I studied at university where, especially when it came to their assumptions. I liked econometrics, but as an intellectual exercise - not a tool to predict real-life events.