ild | 10 years ago | on: The Wreck of Amtrak 188
ild's comments
ild | 10 years ago | on: CIA declassifies hundreds of UFO documents
ild | 10 years ago | on: The Wreck of Amtrak 188
ild | 10 years ago | on: CIA declassifies hundreds of UFO documents
ild | 10 years ago | on: CIA declassifies hundreds of UFO documents
ild | 10 years ago | on: Microchip Technology to Buy Atmel for Nearly $3.6B
ild | 10 years ago | on: Microchip Technology to Buy Atmel for Nearly $3.6B
ild | 10 years ago | on: Microchip Technology to Buy Atmel for Nearly $3.6B
ild | 10 years ago | on: All Hollowed Out: The lonely poverty of America’s white working class
ild | 10 years ago | on: Walmart is ending its Express concept and closing 269 stores
ild | 10 years ago | on: ZypMedia Is Hiring Lead Engineer for Low Latency C++ Role
ild | 10 years ago | on: Economic Inequality: The Simplified Version
That would've been true if there was no non-profit startups.
ild | 10 years ago | on: Iran Demonstrates New Humanoid Robot Surena III
ild | 10 years ago | on: /r/watchpeopledie blocked for german users
ild | 10 years ago | on: Why Hiring Is So Hard in Tech
ild | 10 years ago | on: Why Is Europe Failing to Create More $1B Startups?
Scandinavians are some of the most successful societies, despite of small languages. Languages have cultural baggage to them; every time I hear English, I see high inequality, poor worker rights, obsession with money, yet excellence in science and higher education. No one wants to abandon their own and assume English identity.
ild | 10 years ago | on: Channel 37
ild | 10 years ago | on: Trading in Stocks, ETFs Was Halted More Than 1,200 Times Early Monday
Antifragility is not liking volatility; it is dislike but acceptance of it.
This is what he said:
“(4) Build in redundancy and overcompensation
“Redundancy in systems is a key to antifragility. As Taleb suggests, nature loves to over-insure itself, whether in the case of providing each of us with two kidneys or excess capacity in our neural system or arterial apparatus. Overcompensation is a form of redundancy and it can help systems to opportunistically respond to unanticipated events. What seems like inefficiency or wasted resources like extra cash in the bank or stockpiles of food can actually prove to be enormously helpful, not just to survive unexpected stress, but to provide the resources required to address windows of opportunity that often arise in times of turmoil. This perspective helps to put into context the praise of inefficiency in Bill Janeway’s important new book, Doing Capitalism in the Innovation Economy."
Well, to build in redundancy you need market manipulation (FDIC for example), otherwise markets will tend to overfitness. If you are claiming that "antifragility" = laissez-faire you are completely wrong; who will enforce the redundancy?
ild | 10 years ago | on: Trading in Stocks, ETFs Was Halted More Than 1,200 Times Early Monday
ild | 10 years ago | on: Why Phone Fraud Starts with a Silent Call