Greed and Capitalism

What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.
- Milton Friedman

Sunday, September 15, 2013

The Atlas of Public Stocks

http://atlasofpublicstocks.com/

The Story

Last year I was planning an investment trip to Munich, Germany and struggled to identify local public companies. I created this website to help investors facing similar situations. I hope you find it useful - Miguel A. Barbosa.

Video: How to use The Atlas of Public Stocks

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Contact: atlasofpublicstocks[@]gmail.com

Saturday, September 14, 2013

Nassim Taleb quote

"So the central tenet of the epistemology I advocate is as follows: we know a lot more what is wrong than what is right, or, phrased according to the fragile/robust classification, negative knowledge (what is wrong, what does not work) is more robust to error than positive knowledge (what is right, what works). So knowledge grows by subtraction much more than by addition—given that what we know today might turn out to be wrong but what we know to be wrong cannot turn out to be right, at least not easily. If I spot a black swan (not capitalized), I can be quite certain that the statement “all swans are white” is wrong. But even if I have never seen a black swan, I can never hold such a statement to be true. Rephrasing it again: since one small observation can disprove a statement, while millions can hardly confirm it, disconfirmation is more rigorous than confirmation."

-Nassim Taleb, Antifragile