Learning to Love Volatility

The nastiest thing I’ve ever told anyone(a finance fellow angry with me): “When you have absolute intellectual and more disrespect for someone, the only real compliment you can possible get from his in making him angry”

“In economic life and history more generally, just about everything of consequence comes from black swans; ordinary events have paltry effects in the long-term.”    –Nassim Nicholas Taleb

Nassim Taleb’s contribution to the world of finance are two fascinating concepts Continue reading “Learning to Love Volatility”