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Hattip to Dave Lull
3 of 3 people found the following review helpful:
A Fresh Perspective- Standing the problem on its head, June 28, 2010
By N…
We only want what we can’t get. About to go to Berlin; so I spent the ENTIRE day looking for books to read on flights. The larger my library, the more whimsical my tastes: Somehow I am craving the ANTIMEMOIRES by André Malraux, the only book I can’t s…
Swans swim in Moscow’s zoo. Nassim Nicholas Taleb named his book on financial risk “The Black Swan” based on his theory on the role of high-impact, hard-to-predict events — l…
Q&A, Excerpt of OWP 2010 Evening Session with Nassim Nicholas Taleb – Author of the international bestseller The Black Swan. We live in a complex system that delivers extreme deviations. Current risk management and economic analyses methods fail us in such a system because of low predictability. What should we do in such an environment? In this evening session, Taleb will present simple rules (lower leverage, less reliance on deficit spending, less mathematical risk management) for a black swan robust economic system.
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Goes on to report a debate between Hugh Hendry and Michael Novogratz.
The program offered, as usual, stimulating and entertaining presentations and debates. The return of Nassim Taleb was not a black swan event. He seems to have be…
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Had to mention this… predicting Black Swans!!!
Black Swan 1:The Sovereign Debt Crisis From Iceland and Dubai to more recently Greece and Hungary, news of countries defaulting on their sovereign debt obligations or being on the verg…
How much has your own biography taught you about uncertainty? Not my recent biography, but my heritage. My family worshipped books, and we have done for six generations. Around 1800 my ancestor was a silk trader, who wanted all his progeny to be schola…
[참고] 베스트셀러 <블랙 스완>을 쓴 나심 니콜라스 탈레브(Nassim Nicholas Taleb)의 트위터는 @nntaleb , 홈페이지는 http://www.fooledbyrandomness.com/ 입니다. #bswan
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This is interesting, NNT is definitely backing Cameron. In a way, he’s throwing down the gauntlet for Obama and others to pay attention. But aligning with any politician is risky.
I’ve been a fan of Taleb ever since I saw him take ap…
“Cameron is extraordinary. He’s the only thing we have left”
Many people believed that the banking crisis was unforeseeable, but you disagreed.Well, I wrote in my book The Black Swan that the banking system was…
June 17 (Bloomberg) — Nassim Nicholas Taleb, author of
“The Black Swan,” said British Prime Minister David Cameron is
“the only thing we have left” …
NASSIM TALEB: The governments have transformed private debt into public debt. Now, that’s not something very commendable, because your grandchildren — and I know you have grandchildren — your grandchildren and their children will bear the price. This is immoral.
Filed in Audio, Books, Contributors, John, Video
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Tagged bell curve, dave lull, fat tails, inflation 'tax', nassim taleb, Nouriel Roubini, Paul Solman, PBS, private liabilities to public debt, recession, Video
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Among the outsiders, Nassim Nicholas Taleb, 49, is the polemicist-in-chief. Famed for hectoring audiences of bankers (who invite him to speak and pay his five-figure speaker fees) and aggressively countering negative reviews of his work, Taleb gained …
Airtime: Thurs. Jun. 10 2010 | :30:0 10 ET “We have no other solution but to slash debt,” Nassim Taleb, author of ‘The Black Swan’, told CNBC Thursday. He discusses the outlook for the global economy with Bob Long, CEO, Conversus Capital. Summary from Huffington Post: Author and New York University professor Nassim Taleb [...]
NNT enters the conversation around 5:45 NYU-POLY is the school NNT chose to teach at.iatrogenics http://en.wikipedia.org/wiki/Iatrogenics Interview with Morton L. Topfer Distinguished Professor and Department Chair Charles S. Tapiero and Distinguished Professor Nassim Nicholas Taleb .Also on Facebook: www.facebook.com/video/video.php?v=396575527762
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Links to very nice collection of NNT quotes. Couldn’t resist the picture, trying to imagine where NNT was in his career when it was taken ;-)
A C.E.O.’s incentive is not to learn, because he’s not paid on real value. He’s paid on…
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Can’t seem to find the embed code from a Facebook video. NNT enters the conversation around 5:45 NYU-POLY is the school NNT chose to teach at.Key Words: iatrogenics http://en.wikipedia.org/wiki/Iatrogenics, crusade against Value At R…
For the inaugural video in the New Yorker Currents series, Nassim Nicholas Taleb talks with James Surowiecki about the causes of the 2008 financial crisis and the future of the economy. Read more: http://www.newyorker.com/online/blogs/newsdesk/2010/06/video-currents-nassim-nicholas-taleb-james-surowiecki.html?utm_source=twitterfeed&utm_medium=twitter#ixzz0q9XOjFYM .
Filed in John, Video
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Tagged austerity measures, Continental Illinois, debt bubble, eliminate complex derivatives, eliminate moral hazard, get rid of debt, grey swan event, James Surowiecki, moral hazard, Nassim Nicholas Taleb, nature restrains size, New Yorker, redundance, S&L bailout, the black swan
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HatTip to Dave Lull!
New Reviewer Rank: 25,090 (Learn More) (Learn More) – Total Helpful Votes: 698 of 902Classic Reviewer Rank: 7,122
Stalking the Black Swan: Research and Decision Making …
ETHICAL QUESTION – Invitat culpam, qui delictum praeterit (Publilius the Syrian): Being silent about a crime is a crime. Roman morals punished passive collaboration, acts of omission. This answers the earlier discussion about responsibilities & cri…
Click arrow to listen Christopher Lydon / Nassim Taleb telephone interview. Link to source and synopsis. 3. On bailouts: My analogy is to the gambler who is now gambling with the trust fund of his unborn great-great-granchildren… Prudence should be the first thing on the agenda of governments, not speculation. Stimulus packages are speculation… [...]
Why do we not acknowledge the phenomenon of black swans until after they occur? Part of the answer, according to Taleb, is that humans are hardwired to learn specifics when they should be focused on generalities. We concentrate on things we already know and time and time again fail to take into consideration what we don’t know. We are, therefore, unable to truly estimate opportunities, too vulnerable to the impulse to simplify, narrate, and categorize, and not open enough to rewarding those who can imagine the “impossible.”
Filed in Contributors, John, Video
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Tagged aphorisms, flash crash, fourth quadrant, harvard book store, nassim taleb, NY City black out, On Robustness and Fragility, uncertainty, wgbh
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@nntaleb