In probability, there are orders of thinking which are wrong. Nassim Taleb ~ Should we ban the use of probability? Why we don't know what we talk about when we talk about probability has been revisited by its original author Nassim Taleb in a recent publication on his Fooled by Randomness portal. Great claims are being made in this paper that perhaps we should ban the use of probability and sometimes the best discoveries seem to occur when we explore dynamics at their extremities. This might jus
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Black swans or to be precise, living with them is an interesting discussion that Nassim Taleb and Richard Herring have captured and published on the internet.
There are some valid and fascinating points from this chit-chat that I believe are worthy of embellishment and that is what I have taken to do here in this post.
To read more, please follow this link
