Monday, September 15, 2008

Followup

Yesterday, I was worried about the implosion on Wall St., and its effects but today I found a great new article explaining why most of it happens ( and will happen again in all probability). The more I read about Black Swans, the more I am convinced that they must be true. Another reason why Mathematicians rock! . If you dont understand what black swans are about this joke will tell you all about them:

An astronomer, a physicist and a mathematician (it is said) were holidaying in Scotland. Glancing from a train window, they observed a black sheep in the middle of a field.

"How interesting," observed the astronomer, "all scottish sheep are black!"

To which the physicist responded, "No, no! Some Scottish sheep are black!"

The mathematician gazed heavenward in supplication, and then intoned, "In Scotland there exists at least one field, containing at least one sheep, at least one side of which is black."

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