This is the kind of bullshit delivered by a BSchool "Associate Dean". Dangerous BS.
— Nassim Nicholas Taleb (@nntaleb) December 19, 2017
Saying "data has fat tails" YET using ordinary MLE estimators, accepting modern portfolio theory, calculating CVaR, regressions, doing business as usual, is INCOHERENT. https://t.co/4W5Q2fjnq7 https://t.co/mmllll5mTP
Photo by Alexandr Bormotin on Unsplash