
Ye Olde Statistician points us to an essay (a book chapter?) by our old pal Nassim Nicholas Taleb called “The Logic of Risk Taking“. Let’s examine it. You, dear reader, do not […]
Ye Olde Statistician points us to an essay (a book chapter?) by our old pal Nassim Nicholas Taleb called “The Logic of Risk Taking“. Let’s examine it. You, dear reader, do not […]
I don’t think we’re clear on what simulation is NOT. RANDOMNESS IS NOT NECESSARY, for the simple reason randomness is merely a state of knowledge. Hence this classic post from 12 June […]
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