The Blank Swan: The End of Probability by Elie Ayache

Which Quantitative Finance journal shows the most skin? Which book has the prettiest illustrations?
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numbersix
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The Blank Swan: The End of Probability by Elie Ayache

Post by numbersix »

I think you are the only one who is sorry, pj. Head against Wall
BSM is not a model and, because it is not a model, no model can surpass it.
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Cheng
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The Blank Swan: The End of Probability by Elie Ayache

Post by Cheng »

Pj, I'm not sorry Smiley . My past understanding of numbers was that a number like 1, 2, ... is just a convenient shortcut for some set theoretic construction. Actually, it is not 2, but 2:=1+1, also for convenience.



I was just about making a remark about epistemology but obviously numbersix anticipated that. At least something to grind the brain on and to reduce the set of unknown knowns.
"No trade with death / No trade with arms / Dispense the war / Learn from the past"
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numbersix
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The Blank Swan: The End of Probability by Elie Ayache

Post by numbersix »

Thanks.
BSM is not a model and, because it is not a model, no model can surpass it.
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Dimatrix
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The Blank Swan: The End of Probability by Elie Ayache

Post by Dimatrix »

Alternatively, imagine that the real world could have been different, without indulging in the fiction of identifying the different possibilities. Reality is massive and undivided and undistinguishable (in this sense, it is "unpredictable"), yet it could be otherwise. It is not that we don't know what other possibilities it could be; my argument is ontological, not epistemological; it is even logical.




Are the 500 pages written in the same style?
Ctrl - L.
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Scotty
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The Blank Swan: The End of Probability by Elie Ayache

Post by Scotty »

Yes.  Nietzschian-style.



(Note, I think the content may be substantive, but it is not that easy to confirm)
“Whatever you do, or dream you can, begin it. Boldness has genius and power and magic in it.”
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