The Underbelly of Corporate America: Insider Selling, Stock Buy-Backs, Dodgy...
The hollowing out of corporate strengths to enable short-term profiteering by the handful at the top leads to systemic fragility. Anonymous comments on message boards must be taken with a grain of...
View ArticleThe Oil-Drenched Black Swan, Part 3: Multiple Risks, Multiple Unknowns
It is these unforeseeable and uncontrollable consequences that are poised to wreak havoc on the global financial system. Here’s the thing about risk: it bursts out of whatever is deemed “safe.” It...
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Uncertainty and the Humility of Forecasting an Unknowable Future
Certainty and uncertainty come in a variety of flavors. “Certainty” seems rather definite, but lurking beneath certainty is the more scientifically verifiable notion of probability: the probability of...
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