Binti Maringo
JF-Expert Member
- Jul 4, 2007
- 2,804
- 86
Naona Nassim Taleb anatafuta umaarufu. Can you be this lucky jamani? $ 50 Billion fortune imekuwa build based on luck alone? Mathematicians au wazee wa Probability naomba jibu.
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Is Warren Buffett really the genius so many say he is? ‘Black Swan' author Nassim Taleb has his doubts.
'Black Swan' Author Nassim Taleb: Warren Buffett May Just Be Lucky
Posted By: Alex Crippen | Executive Producer
cnbc.com
| 08 Feb 2010 | 06:18 PM ET
Nassim Taleb says there isn't enough evidence to show that Warren Buffett's skill, and not his good luck, is responsible for the billionaire's enormous investing success over the decades.
Taleb is the author who gained fame and fortune writing about 'Black Swans' and the impact of other improbable events ahead of the subprime mortgage market's collapse.
In an "interrogation" interview that starts in the online magazine ai5000 and is continoed on its websit... Taleb is quoted as saying:
"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."
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Is Warren Buffett really the genius so many say he is? ‘Black Swan' author Nassim Taleb has his doubts.
'Black Swan' Author Nassim Taleb: Warren Buffett May Just Be Lucky
Posted By: Alex Crippen | Executive Producer
cnbc.com
| 08 Feb 2010 | 06:18 PM ET
Nassim Taleb says there isn't enough evidence to show that Warren Buffett's skill, and not his good luck, is responsible for the billionaire's enormous investing success over the decades.
Taleb is the author who gained fame and fortune writing about 'Black Swans' and the impact of other improbable events ahead of the subprime mortgage market's collapse.
In an "interrogation" interview that starts in the online magazine ai5000 and is continoed on its websit... Taleb is quoted as saying:
"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."