Monday, December 15, 2008

Black swans and newspapers

Currently reading The Black Swan by Nassim Nicholas Taleb. Pretty good. One personal point hits home though: why the hell do I read so many newspapers? Why does anyone?

The stock answer is "to be informed" - which is a bunch of bull. Not only does Taleb show how reading newspapers actually makes you less knowledgeable about what goes on in the world he also points out that newspapers are so full of misery and negativity there is little value in them even as a form of entertainment.

Much better to read a good book - which I'm just off to do right now.

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