interesting mix of logics, psychology and economics. Budding investors and management students should look into this in more detail so that they are better equipped to make financial decisions. Works Cited Predictably Irrational: Dan Ariely. Fooled by Randomness: Nicholas Nassim Taleb Black Swan: Nicholas Nassim Taleb. Research paper: Behavioral Finance: Thomas Sewell. Research paper: Herd Behavior in Financial Markets: Sushil Bikchandani and Sunil Sharma. Buttonwood blog (The Economist): Foolishness
The black Swan This book is a philosophical essay on the importance of chance. The author Nassim Nicholas Taleb defends the thesis that the most improbable events always end up coming. This kind of event is called Black Swan. A Black Swan is a random, highly unlikely event that it is difficult to predict and that impacts our lives. More specifically, according to the author, it meets the following three characteristics: "This is an aberration, its impact is extremely strong and our human nature
Stone’s Born on the Forth of July) chronicling that era in America, becoming an anthem for an entire generati... ... middle of paper ... ... were created by amazing artists: Rolling Stone Magazine called “Who’s Next,” the album which “We Won’t Get Fooled Again” debuted on, as the 28th greatest album of all time, and Kerrang! Magazine claimed Green Day as the best Punk-Pop band of all-time. Conclusion The country has just debated the reasons, or lack thereof, of why the President and Congress authorized
Authorship attribution is one of the largest areas of Forensic Linguistics. It entails determining who wrote, or more commonly, ruling out who wrote a text when authorship is unclear. Linguists assume that each particular choice the writer makes as a whole will enable identification as authors are consistent in their choices. Linguists have three main problematic scenarios when attempting authorship attribution; there is no candidate set and a profile is required, there are many candidates for a
The Case Against Science Science has become an unreliable epistemological resource for several reasons. First, the assumptions of science are suspect. Second, the scientific method exhibits narrow limits to the acquisition of universal knowledge. Third, the conclusions of the scientific community at large are questionable and inadequate. Fourth, the practice of science has developed a particular perspective about its place in the world of knowing that diminishes all other avenues of knowledge