The answer to your question is YES - coming up with a system that does 1% a day on paper is not only possible, it's really quite trivial. There...
Conversely, another example of a "baseless assertion" would be the statement that Taleb doesn't make s**tloads of money.
That "closed LLC" returned more funds to its investors than it took in - and that's after *keeping* the largest client. Taleb has done very very...
That isn't one of Taleb's assumptions. For starters, the bulk of his trading is not in vanilla equity options. He looks for situations where...
He makes a sh*tload of money. After the bubble bust, his next big score was being long crude volty, he was carrying tons of upside exposure. That...
Hey 'Arb - did you know your neck of the woods has all judgements online and searchable? You've got nowhere left to hide, mate. I see you're on...
Speaking of ugly - you cleaned up those judgements against you yet? Not nice to be hocking workstations on usenet out the back door while your...
'97 wasn't his only blowup. Over the course of his career, Niederhoffer has a net return of less than zero. That...is a walking talking definition...
Quants don't love Taleb. Taleb is the diammetric opposite of what 95% of Quants do. Or...think they do. Still, you have a point about his prose...
Ah, no, that's not what Empirica was doing. Betting on the wings and waiting for lightning to strike is a fair qualitative description, but the...
It means (a) there is no correlation between trading frequency and profits for the speculator and (b) there shouldn't be an expectation of there...
For the broker - yes. For the speculator - they are orthogonal issues.
You're welcome. What else can I say? I never said the things you are arguing against. Specifically, I certainly never, ever suggested someone not...
Sure. It, too, has nothing to do with my comments.
Sorry, that is a complete non sequitir from any of my comments. I have no idea what you are talking about.
About $29.95. There are a million systems like that.
Markets as we know them have been around for about 500 years, more or less continuously. It takes a pretty acute case of naivete to think you're...
This cannot be said often enough or loudly enough.
No, it is not true. There are no secrets in the market.
I'm down for a beer. In the West End so virtually anywhere in the core works just fine for me. We really should be taking advantage of this...
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