“This idea that in order to make a decision you need to focus on the consequences (which you can know) rather than the probability (which you can’t know) is the central idea of uncertainty.” Nicholas Taleb Throughout history, when people sensed immediate danger they would strike back in self defense. As the settlers of the […]
Tag Archives: Dell
Dow Breaks 30K As Equities Strong Month Continues!
“It’s our contention that equity may be in the money, depending on where the liabilities lie.” David Tepper (Carolina Panthers Owner, Net Worth: $11B) In the investment world, the general belief about the relative intellectual capabilities of credit analysts versus equity practitioners is the credit guys are always a little bit sharper. Essentially, those who […]