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Taoyuan Nights

Archive for October, 2007

Nassim Taleb: Hero!

The Financial Times today published an article by Nassim Taleb which points out the sheer stupidity of the bulk of modern financial ‘theory’.
NNT is one of the few authors in Finance I take seriously; the others being Warren Buffett, and Benjamin Graham. His books, ‘Fooled by Randomness’ and ‘The Black Swan’, are must-haves […]

Amusing cartoons about creationism.

Title says it all. Click here

China’s market gets crazier.

You may remember that I blogged a few times about how crazy the Shanghai stockmarket had become, back in March. Well…. it’s not been sitting around twiddling its thumbs. It’s now a full 70% more crazy. The profits being reported are now largely fictitious. Companies are reporting increases in shareprices of companies they hold, as […]