Wow this is really amazing.Taleb looking at the cataclysmic situation facing financial institutions today, points out that “the banking system, betting against Black Swans, has lost over 1 Trillion dollar. Thanks for sharing this with us.
This post was mentioned on Twitter by harryseldon: RT @harryseldon For Taleb’s Black Swan’s Readers, Mediocristan and Extremistan are Stable and Unstable Systems http://bit.ly/6GeHL
A visualization of chaos is given by fractals. I showed you the pictures of fractal trees taken during a walk at the Parc de Sceaux after a snowfall in Paris. But I had taken a few more pictures of the very beautiful French garden of this Park. A …