@RonaldLagnado Have observed Prof. Taleb up close and personal for a very long time.
If this is how asset management thinks/ performs, no wonder Thanksgiving is only a surprise for the turkey. (In USD.)
Everywhere.
@PraiseKek Interesting how the Pentagon business model involves enveloping the "target" with weapon, communication, logistic networks. ("The Bank" is the carrot after the sticks are put in place. In USD.)
Everywhere.
@CN18000915@RealRickRule Think Mr. Rule was more adventurous in his callow youth, rightly so.
Now, his thinking process is more like a banker, wants to see credit worthy assets proven by financing before he takes a safer slice. (In USD.)
@netsum3 Thanks ver much. (Have been trying to upgrade high school science, math and data analytics; will look into this.)
Rio must have had good reasons to keep this in their back pocket for 50 years, GPM management looks competent to see this through.
@PraiseKek "The Bank" CC nonsense is sandpapering the negotiating for return of US bases@Niger, underwriting the "Loan."
(Niger warlords with jihadists and wildly fluctuating Ukraine Russian geopolitics demands bullets on the ground. In USD.)
@WehagePaul@nntaleb@normonics Maybe the whole is an ever changing world of possibilities, and probabilities, not meant for easy human understanding.
(At least, not as we understand humans today.)
Sorry to hear about Joe, he is one of us at heart.
@WehagePaul@nntaleb@normonics Still believe in minimising the bad things where possible, maximising the good.
(Light always wins over darkness.)
Everywhere.