probability is not one man's topic. why should i accept Taleb's idea of probability. probability has been taught in universities for decades. who is taleb to say it is wrong?
PROBABILITY AND RISK IN THE REAL WORLD MATHEMATICAL PARALLEL VERSION OF THE INCERTO I) ANTIFRAGILE, II) THE BLACK SWAN, III) THE BED OFPROCRUSTES IV) FOOLED BY RANDOMNESS BY NASSIM NICHOLAS TALEB http://www.datascienceassn.org/sites/default/files/Probability and Risk in the Real World.pdf
i have been fooled. had i been aware in advance that stocks are in fact a pareto distribution NOT a bell curve i would have been less easily misled.