Nassim Taleb quote
Money and Finance

Nassim Taleb quote


“In business and economic decision making, reliance on data causes severe side effects—data is now plentiful thanks to connectivity, and the proportion of spuriousness in the data increases as one gets more immersed in it. A very rarely discussed property of data: it is toxic in large quantities—even in moderate quantities…. The more frequently you look at data, the more noise you are disproportionally likely to get (rather than the valuable part, called the signal); hence the higher the noise-to-signal ratio.” –Nassim Taleb, Antifragile





- Beware The Big Errors Of ‘big Data’ – By Nassim Taleb
We’re more fooled by noise than ever before, and it’s because of a nasty phenomenon called “big data.” With big data, researchers have brought cherry-picking to an industrial level. Modernity provides too many variables, but too little data per...

- Project: Dividend Stocks For Teenager February Dividends Update
I wrote how we started Dividend Stocks portfolio for my daughter and keep track of our progress here. Our Teenager Portfolio is doing good this month. In February we didn't purchase any stocks. February Dividends: PG$11.37RY$11.64T$18.01Total...

- Project: Dividends Stocks For Teenager Part 2
I wrote here about my Dividends Stocks project for my teenager daughter.  Our update We discussed list of stocks I picked for her. I promised that if by the time she will need this money for college her portfolio still will be lagging...

- My Weekly Stock List (3/1)
I can't believe it's already March.  I didn't buy or sell any stocks last week. Here is my list for upcoming week SYMBOLNAMEPRICE as of 2/28YIELD52-WK LOW52-WK HIGH1-YR TRGT PRICEEPSP/EDividends PaidGEGeneral Electrics$25.993.70%$23.41$27.53$28.501.516.82>15...

- My Weekly Stock List (2/22)
Finally I am back to stock market. Last week I finished my taxes and transferred money to invest into my IRA account. I bought shares of Bank of Montreal(BMO) and more shares of Centerpoint Energy(CNP). Here is my list for...



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