Things change, but we can't predict when

[ianrandalstrock]

It's a long time since I was day trading stocks, but I still watch the market (well, the numbers and the trends). That's part of why I was fascinated by Mark Hulbert's piece on WINS today (you can listen to the audio file at this link; it runs two and a half minutes, and is titled "Beyond Dow 12,000, a dark history lesson"). His point is that,

Comments

[sciwitch]

Did you ever get the change to read this NYT Magazine Article?
http://www.nytimes.com/2009/01/04/magazine/04risk-t.html?_r=1&scp=7&sq=black+swan&st=nyt

Black swans are found in more places than ballet movies

[ianrandalstrock]

I hadn't read it, but now I have. Thanks for the link! Good article.