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...moments, both positive black swans (the rise of the Internet) and negative ones (the 9/11 attacks). Taleb has argued that much of the recent market turmoil has been due to the inability of financial risk models to account for such black swans; meanwhile, the fund he advises, Universa Investments LP, has gained upwards of 50% this year on the back of strategies intended to manage them. Taleb talked to TIME about the market crisis we should've seen coming, how it happened and what to do next...
...game or decrying the price of fame and explicating the reasons for his most recent arrest, T.I. seems comfortable with every role he assumes in “Paper Trail.” So titled because T.I. actually wrote down his verses for the first time since his debut LP, “Paper Trail” is unsurprisingly the most lucid and lyrically punchy album that he has yet put out. While his metaphors and rhyme schemes are rarely exceptional, Tip’s delivery is on point, and he cultivates a variety of catchy hooks and different flows...
...Hayes' imposing frame, and a stare that managed to intimidate and seduce, made the songwriter a natural for performing. Oddly, his first LP was the jazz-inflected, discursive Presenting Isaac Hayes. Not until Hot Buttered Soul in 1969 did he connect with the public, and even this album contained several cuts that ran 8 to 10 mins. He'd take a Burt Bacharach song and spin it into soul-improv infinity, or begin his version of Jimmy Webb's By the Time I Get to Phoenix with an 8-min. monologue. Whether singing or speaking, the man could hold...
...Sigue Sigue Sputnik is a British band dedicated to new-wave rock music and what the group's bassist, Tony James, calls designer violence. The group is about to make a major breakthrough: its first LP, Sigue Sigue Sputnik Flaunt It, will be released in July in Britain--complete with commercials. The record has the ambiguous distinction of being the first to hawk wares between the cuts. Eight to ten 20- to 30-second tracks on the EMI record will extol such salables as cellular mobile telephones and fashion and youth magazines. According to Sigue Sigue, each advertising track will...
Madonna, the ultimate cougar, is back with the new LP “Hard Candy”—and this time she’s out for blood. Abandoning the purple onesie and disco ball, she has reinvented herself yet again, this time as M-Dolla: the prize-fighting urban pop queen. If the album cover is any indication, she’s back with a vengeance, determined to keep her competition...