29th November 2007, 12:33 PM
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Join Date: Jan 1970
Posts: 4,441
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Quote:
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Originally Posted by AngryPixie
Chrome
Have you read Nassim Nicholas Taleb's "The Black Swan: The Impact of the Highly Improbable". I found it a sometimes laborious and over wordy read in which the author presents his arguments against the use of the Bell Curve as a useful statistical tool. If you sift through it Taleb's "Black Swan's" (because until Australia was discovered all swan's were white) may go some way to explaining what you've experienced. It may not too and perhaps I should go back to my navel gazing, but the book certainly does make you think.
Here's an interesting review I just stumbled across.
http://opinionjournal.com/la/?id=110009979 |
Interesting read.
What is strange is that I had thought it was something to do with the quality of the horses on the flat, but we are now in the jumps season and it's the same.
The UK forums abound with ideas as to why it is, they've not seen anything like it.
Sure as eggs it will turn around, just have to hang in and reduce lay liability.
...but 11 months is a big ask in anyone's language 
I can hang in there, but what about the bag men?
I'm sure they'd have very unbalanced books and be taking a beating. |