The central argument of The Black Swan was understood by: 100% of firemen 99.9% of skin-in-the-game risk-takers and businesspersons 85% of common readers (about > 3 million copies) 80% of hard scientists (except those doing econonophysics, s.a. Sornette, etc. and complexity artists) 65% of psychologists (except Harvard psychologists) 60% of traders 25% of U.K. journalists 12.1% of money managers who manage money of others 1.5% of "Risk professionals" 1% of U.S. journalists and 0% of economists (or perhaps, to be fair, .0001%) Which is why I had to write this. Vol 1 is near complete. 140 pages!
Posted on: Sun, 14 Jul 2013 11:08:50 +0000
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