WHY PEOPLE WITH GRAY HAIR MAKE BETTER PREDICTIONS.

WHY PEOPLE WITH GRAY HAIR MAKE BETTER PREDICTIONS. Nassim Nicholas Taleb says that he thinks older investors and traders are more likely to be good at what they do. One reason is that they have seen more rare events in the markets. A different reason is that they have survived more rare events in the markets and have not been forced to leave the business. He analogizes this second argument to the evolutionary argument that women prefer healthy older men over healthy young ones because the survival of old men provides some evidence that they have better genes.