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Monthly Archives: July 2010

nntaleb: Forget 2300 p of reg; problems are cured at the source with the RISK GOLDEN RULE: “Captains go down with ships, all captains & all ships”.

nntaleb: Forget 2300 p of reg; problems are cured at the source with the RISK GOLDEN RULE: “Captains go down with ships, all captains & all ships”.

Taleb: Government Deficits Could Be the Next 'Black Swan' – BusinessWeek

Q: The new edition of The Black Swan includes what you call “10 principles for a Black-Swan robust society.” One of them is: “Citizens should not depend on financial assets as a repository of value and should not rely on fallible ‘expert’ advice for th…

nntaleb: Why Deficits are dangerous (concave) I explain here: http://www.fooledbyrandomness.com/OxfordBTLecture.pdf

nntaleb: Why Deficits are dangerous (concave) I explain here: http://www.fooledbyrandomness.com/OxfordBTLecture.pdf

nntaleb: (20 more aphorisms before the book is completed…did 13 this morning so far)

nntaleb: (20 more aphorisms before the book is completed…did 13 this morning so far)

nntaleb: Added derivations of why large will eventually break (& why economists are largely charlatans); www.fooledbyrandomness.com/OxfordBTLecture

nntaleb: Added derivations of why large will eventually break (& why economists are largely charlatans); www.fooledbyrandomness.com/OxfordBTLecture

"극히 예외적이며 알려지지도 않았고 또 가장 가능성 없어 보였던 블랙 스완에 의해 세상은 지배된다." (Nassim Nicholas Taleb)

"극히 예외적이며 알려지지도 않았고 또 가장 가능성 없어 보였던 블랙 스완에 의해 세상은 지배된다." (Nassim Nicholas Taleb)

Nassim N Taleb, Paris 1912, law student, Sorbonne

Nassim N Taleb, Paris 1912, law student, Sorbonnelebanese wines

nntaleb: The more I read him, the more I realize John Gray (the philosopher not the pop-psych) is the greatest and most lucid thinker on the planet.

nntaleb: The more I read him, the more I realize John Gray (the philosopher not the pop-psych) is the greatest and most lucid thinker on the planet.

Why The New Fetish For “Black Swan Insurance” Means Markets Are BEGGING For … – The Business Insider

The Business InsiderWhy The New Fetish For “Black Swan Insurance” Means Markets Are BEGGING For …The Business InsiderPIMCO is the latest to launch a Black Swan product, though of course it’s Mr. Black Swan himself Nassim Taleb who has been at this th…

nntaleb: Excerpts from my lecture www.fooledbyrandomness.com/OxfordBTLecture

nntaleb: Excerpts from my lecture www.fooledbyrandomness.com/OxfordBTLecture

nntaleb: I wonder if Gregg Easterbrook will do the honorable thing of removing his NYT review of The Black Swan.

nntaleb: I wonder if Gregg Easterbrook will do the honorable thing of removing his NYT review of The Black Swan.

Opacity

Shared by JohnH

HatTip to Dave Lull
132- Life’s Barbells
(Barbells are more robust than monomodal strategies.)
Walk most of the time, sprint as fast as you can on the occasion; never jog.
Fast for long periods of famine, then feast; never diet.
Endo…

nntaleb: (in the process of deleting all past aphorisms owing to copyright matters)

nntaleb: (in the process of deleting all past aphorisms owing to copyright matters)

My rule from now on: I never give a talk unless Lebanese wine is served.

My rule from now on: I never give a talk unless Lebanese wine is served.

The point is that the collective (the mob) very often does not have the ethics of the individuals –some people are ethical on their own and unethical collectively ("he is doing it"). We see that in finance, but it is prevalent in academia."do not follow the multitude to do evil". I call it diffusion of responsibility, also present is what is called the "bystander effect".

The point is that the collective (the mob) very often does not have the ethics of the individuals –some people are ethical on their own and unethical collectively (“he is doing it”). We see that in finance, but it is prevalent in academia.”do not foll…

You want to be yourself, idiosyncratic; the collective (school, rules, jobs) wants you generic to the point of castration.

You want to be yourself, idiosyncratic; the collective (school, rules, jobs) wants you generic to the point of castration.

True love is the complete victory of the particular of the universal –anything else is vitiated by some element of opportunism.

True love is the complete victory of the particular of the universal –anything else is vitiated by some element of opportunism.

My book of aphorisms is coming out soon … So I am removing them from twitter. Twitter proved near-useless.

My book of aphorisms is coming out soon … So I am removing them from twitter. Twitter proved near-useless.

nntaleb: Half of life’s sucker problem can be summarized with the pig staring at pearls; the other half is with what you are staring at right now.

nntaleb: Half of life’s sucker problem can be summarized with the pig staring at pearls; the other half is with what you are staring at right now.

nntaleb: (I am about done … about 20 more aphorisms –2 days –& I will have what I need for my collection … thanks for the help.)

nntaleb: (I am about done … about 20 more aphorisms –2 days –& I will have what I need for my collection … thanks for the help.)

Speakers | Discovery Summit 2010 Leadership Blog

Discovery Invest will once again bring to South Africa some of the world’s most impressive business minds, to share their secrets and insights. Click on the thumbnail images below to view the full profiles of the Discovery Invest Leadership Summit sp…

Paperback Business Best Sellers – List – NYTimes.com

Published: July 1, 2010

This Month

Last Month

1

THE TIPPING POINT, by Malcolm Gladwell. (Back Bay/Little, Brown, $14.95.) How and why certain products and ideas become fads.)
2

2

FREAKONOMICS, by Steven D. Levitt and Stephen …

nntaleb: My idea is to be aggressive risk-taker in the 3 quadrants & extremely prudent in the 4th; establishment does reverse http://TwitPWR.com/LoJ/

nntaleb: My idea is to be aggressive risk-taker in the 3 quadrants & extremely prudent in the 4th; establishment does reverse http://TwitPWR.com/LoJ/

It nearly came 2 fisticuffs @ #Politics&Prose Thurs.when N.Taleb called academics schmucks.Yelling & profanity ensued.Will CSpan air fight?

It nearly came 2 fisticuffs @ #Politics&Prose Thurs.when N.Taleb called academics schmucks.Yelling & profanity ensued.Will CSpan air fight?

~PABLO BANILA: EMPEROR AND NEW NATIONAL HERO OF THE PHILIPPINES (MFs)

What separates Taleb from the “enlightened ones” is his aggressive activism that lets him bash the highest authority of any given domain such as presidents, lawmakers, bankers, philosophers, scientists, mathematicians, professors, economists and…