November 16, 2010
There’s a really interesting, fun and somewhat deceptive tool at the NYTimes [deficit tool] which allows you to toy with various proposals in order to cut the deficit and in real time, you can see how you did. As you can see, the tool starts off with the present assumptions and lets you cut from […]
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October 31, 2010
For the uninitiated, a Black Swan event as outlined in Nassin Taleb’s excellent book The Black Swan: The Impact of the Highly Improbable is one in which it is so rare and unpredictable that virtually nobody is prepared for it. Consider a small handful of 5 hedge funds that stood out as amongst millions of […]
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