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This is a review of Stalking the Black Swan: Research and Decision Making in a World of Extreme Volatility (Columbia Business School Publishing). A Black Swan is a reference to a concept developed in an earlier book by Nassim Taleb on how people are bad at judging probabilities. For example, if they only see white …

This is a review of More Money Than God: Hedge Funds and the Making of a New Elite by Sebastian Mallaby. I was driving in my car listening to NPR when the author Mr Mallaby came on air to discuss his book. Mr Mallaby is an interesting and exciting speaker. He makes a dry subject …