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The real cause of the financial crisis -- An MIT Blackjack Team perspective

26 pointsby fiazabout 16 years ago

4 comments

khafraabout 16 years ago
This makes it clearer than any Taleb article I've read that black swans aren't just an external danger to investments; they're invited, even mandated, by the very structure of the market. I hope someone can come up with a better solution, though; I can't see money management being outlawed in anything less than a zombie apocalypse.
aoeuabout 16 years ago
Another interesting article about this on theoildrum..<p><a href="http://europe.theoildrum.com/node/5260" rel="nofollow">http://europe.theoildrum.com/node/5260</a>
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mattmaroonabout 16 years ago
Actually a lot of fund managers invest in their own fund, many heavily. A lot of fund investors look for that.
vinutherajabout 16 years ago
How did this get added again ?!
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