Mr. Buffet -as they say- is the greatest investor alive… Of many things, the guy invest for the long term. This is from Joshua Brown at the Reformed Broker.
A long discussion from Adam White on two vibrant and required books for our times, the Signal and the Noise from Mr. Silver and Antifragile from Mr. Taleb.
At the core, an invitation to think business in term of risks, our capacity for predictions and our general overconfidence
…So far, Silver’s predictions have been impressively accurate. For the 2008 presidential race, he accurately called 49 of the 50 states, getting only Indiana wrong. In 2012, he was 50-for-50—much to the chagrin of critics who had dismissed what they thought were unduly pro-Obama forecasts….