Friday, January 22, 2010 11:35:48 AM
Nassim Taleb...continued from ai5000 Magazine
Catch the start of Nassim Taleb's Interrogation, available in ai5000 Magazine after February 3.
is a quote by Paul Valery.
He met Einstein at a party in the
1920s, and he asked him 'Do you carry a notebook'
around? Einstein asked,'Why?', and Valeria said 'To
write down your ideas, to put them down,' and Einstein said,'I only have one idea.'
To succeed, you only have to have one idea
two ideas, you’re dead.
supplies too much information-slash-noise. I enjoy some journalists, but
journalism is the problem. They have all the data/noise, but never talk about the elephant in the room.
They miss it. I don’t need papers.
The U.K. ones are the only ones I look at.
The quality of the U.K .press is much higher than the
American press. When I write, I don’t like to be
edited. I speak in an idiosyncratic way. The publishers of my books, they
told me people didn’t understand how I wrote, so I just kept waiting until I
found a publisher that didn’t want to edit it. All editors seem to edit the
same way for papers in America
it’s boring to read. Editors
for my books just cancelled
each other out. They go in and they kill your text. They over-edit me in
America. If I write in the U.K., they don’t edit me at all. In
America, they reduce dimensiality; they are all programmed to write
the same. They want the illusion of control, just as they do on Wall
Street. They need to look like they’re doing
something. I don’t want to spend too much time
on Buffett. George Soros has 2 million times more statistical
evidence that his results are not chance than Buffett does. Soros is vastly more robust. I am not
saying Buffett doesn’t have skill
I’m just saying we don’t have enough
evidence to say Buffett isn’t doing it by chance."
To be sure to catch the start of Nassim Taleb's Interrogation, available
in ai5000 Magazine after February 3, click here.
aiCIO Editorial Staff