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Daily Archive January 11th, 2010

Predictions, theories, and dangerous things

Filed in Books ,Ideas ,Profiles
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TALEB INTERVIEWS FROM BEFORE AND AFTER THE DOWNTURN Making predictions is risky business. If you make a claim like “Dow 30,000 by 2008“, it’s more than a little embarrassing when you’re wrong. (If you’re wondering, the Dow’s peak was just over 14,000). But making predictions is important. Science, for instance, suffers when theories are vague […]