Tea with FT

As a former Executive Director of the World Bank I know that the columnists of the Financial Times have more voice than what I ever had, and therefore they might need some checks-and-balances.

Would a child shouting out “the Emperor is naked” have his observation published in FT? Would he now need a PhD for that to happen?

For more see "A Blog is Born" at the very bottom.

Showing posts with label Nassim Taleb. Show all posts
Showing posts with label Nassim Taleb. Show all posts
February 17, 2019

If only regulators had analyzed their risk weighted capital requirements for banks in terms of bets.

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Sir, Tim Harford refers to Nassim Taleb, warning of “the ‘ludic fallacy’ — treating the unknown risks of life as though they were the known...
December 30, 2008

Erroneous credit ratings were the ignored Black-Swans.

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Sir in your “ A straitened future for troubled banks ” December 30 you rightly lay forward the many of the difficulties in deleveraging. Bu...
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