More formalpic.twitter.com/iixQY1OOia
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Friends, for discussion
To expand with @yaneerbaryam and @DrCirillo cc:@spyrosmakridpic.twitter.com/1Cax4Jl9on
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pool drownings for thin tail was a better image.
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For your last point, do you include Kahneman and Tversky? Their work on cognitive biases are used in real-world decision making all the time.
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Seems pretty solid, although the application would be highly contextual, the right principle applied in the wrong context is the wrong principle. Not using single point forecast when you can use a range is pretty universal
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Are countries around the world about to try to cash in their US national debt bonds?
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Lovely musings along the risk/reward continuum.
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Never ever cite psychologists... Why only cite? Completely ignore them.
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