Leo’s Tiny Life ♠ HisMemories.com

MBA (a.k.a. Mediocre But Arrogant)

Posted in Финанси by Leo on the May 4th, 2008

Самият автор е MBA. От Wharton
(Но е много повече от това…)
Fooled by Randomness е прекрасна…

Текстът си засужава да бъде предоставен на паяците & паячетата и в текстов вид, затова yours truly го преписа и на ръка:

MBAs learn the concept of clarity and simplicity, the five-minute-manager take on things. The concept may apply to the business plan for the fertilizer plant, but not to highly probabilistic arguments - which is the reason I have anecdotal evidence in my business that MBAs tend to blow up in the financial markets, as they are trained to simplify matters a couple of steps beyond their requirement (I beg the MBA reader not to take offence; I am myself the unhappy holder of the degree).”

Nassim Taleb (MBA, Wharton)

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