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Monthly Archives: January 2011

Is Mubarak Egypt's 'black swan'? – Business 360 – CNN.com Blogs

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HatTip to Dave Lull!
I spoke to best-selling author Nassim Taleb on the phone who wrote the famous business book the “Black Swan,” which identifies situations that have mathematical multiplier effect due to their unforeseen power. In…

More people died today (from nonstandard trauma) in Germany (where I am) than in Egypt.

More people died today (from nonstandard trauma) in Germany (where I am) than in Egypt. http://www.lemonde.fr/europe/article/2011/01/30/dix-morts-dans-une-collision-ferroviaire-en-allemagne_1472700_3214.htmlDix morts dans une collision ferroviaire en A…

The Bed of Procrustes by Nassim Nicholas Taleb – Book Review

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HatTip to Dave Lull – Thanks Dave!

The Bed of Procrustes by Nassim Nicholas Taleb – Random House

The Bed of Procrustes is the latest book by Nassim Nicholas Taleb, but it diverges wildly from his other philosophical works.

(1) How credible and attention-deserving is Nassim Taleb? – Quora

His two lay books, Fooled By Randomness and The Black Swan, are only samples of his work.  If you want to judge him, read his technical book Dynamic Hedging, and his published papers, starting at SSRN.com:http://papers.ssrn.com/sol3/cf_d… (There…

Anyone here from Egypt? I am trying to get sponsored by a U.S./U.K. newspaper to go to Cairo with some press card (at the cost of writing some article about Fragility/AntiFragility that would confuse the editors & hopefully be rejected). I have no interest in journalism, I just want to take a look/feel history.

Anyone here from Egypt? I am trying to get sponsored by a U.S./U.K. newspaper to go to Cairo with some press card (at the cost of writing some article about Fragility/AntiFragility that would confuse the editors & hopefully be rejected). I have no …

How to Become a Prophet

How to Become a Prophethttp://www.fooledbyrandomness.com/AntiFragilityJan27.pdfhttp://www.fooledbyrandomness.com/AntiFragilityJan27.pdfwww.fooledbyrandomness.com

Berlin this weekend (walks, long walks)

Sorry for confusion; Berlin this weekend (walks, long walks), then Moscva Next Tuesday-Friday to defy both weather & terror.

Billionaire Venture Capitalist Vinod Khosla’s Energy Bets Inch Forward – Kerry A. Dolan – Shades of Green – Forbes

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To find these investments, Khosla explained some of his operating principles: Don’t trust forecasts. Don’t believe the experts. And invest in companies that have a 90% probability of failure.
Khosla is working on a paper called t…

Great Speeches and Interviews

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This is from November 2010.
Nassim Taleb explains why we should expect “unexpected” economic events

Nassim Taleb, the former Wall Street trader who published a book called The Black Swan back in 2007 speaks out on the economic crisi…

Going to Moscow this week-end. The only problem is the weather preventing slow walks.

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Russia Forum, Moscow, Feb 2-5, 2011 NNT has this on his talks and seminars page: http://www.fooledbyrandomness.com/scheduledseminars.htm
Going to Moscow this week-end. The only problem is the weather preventing slow walks.

3quarksdaily

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Don’t you love a great book review? HatTip to Dave Lull
It’s been roughly 20 years since I’ve purchased a book with the intention of gaining insight into life lived wisely. Like nearly everyone else, nearly all of the time, I ha…

The Dilbert Black Swan Portfolio: a skeptical/practical guide to investing

I’m going with a Black Swan inspired ETF portfolio, where I put the portion of my money I’m not prepared to lose (in this case, 55%) in a safe ETF, and the rest I spread over a bunch of opportunities with a high return potential, as follows:

5…

BOOK REVIEW: 'The Quants': How Math Geeks Helped Create the Great Recession | Huntington News

Drawing on unprecedented access to these four number-crunching titans, Wall Street Journal reporter Patterson tells the inside story of what they thought and felt in the days and weeks when they helplessly watched much of their net worth vaporize

Unbending narcissism of ideas: With rare, very rare exceptions, what people call a "good book" is anything that confirms their beliefs, exposes ideas they thought they had.

Unbending narcissism of ideas: With rare, very rare exceptions, what people call a “good book” is anything that confirms their beliefs, exposes ideas they thought they had.

September 10, NYC was the most dangerous place in the world; September 12, the safest.

September 10, NYC was the most dangerous place in the world; September 12, the safest. Today, I walked around a nervous & deserted Beirut trying to mentally replay events: anxiety is the mother of safety; I feel so much safer when people stop me t…

boukra bimshe bi-bayrut (shwayy). N'shallah.

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NNT on his way to Saudi Arabia
boukra bimshe bi-bayrut (shwayy). N’shallah.

περπάτημα στην Αθήνα

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Walking in Athens.
περπάτημα στην Αθήνα

Note 2- I prefer to trade calm persistence for agitation; I prefer trying long over trying hard.

Note 2- I prefer to trade calm persistence for agitation; I prefer trying long over trying hard.

Brel, Brel, avec intensité et tristesse.

Brel, Brel, avec intensité et tristesse.http://www.youtube.com/watch?v=za_6A0XnMyw&translated=1Jacques Brel-Ne me quitte pas (Eng. Subtitles)www.youtube.comJacques Brel-Ne me quitte pas (Eng. Subtitles) ALL RIGHTS FOR ALL JACQUES BREL SONGS: AME…

Flanerie a Bruxelles en pensant a Jacques Brel

http://www.youtube.com/watch?v=cMzAmrNS164

Flanerie a Bruxelles en pensant a Jacques Brelhttp://www.youtube.com/watch?v=cMzAmrNS164Jacques Brel – “Amsterdam” livewww.youtube.comThis is an incredible performance of “Amsterdam” by singer Jacques Brel. Try not to get chills watching this.

FINAL SUMMARY edge.org

FINAL SUMMARY http://www.edge.org/q2011/q11_3.html#talebTHE WORLD QUESTION CENTER 2011 — Page 3www.edge.orgOur very brains revolt at the idea of randomness. We have evolved as a species to become exquisite pattern-finders — long before the advent o…

ROUSSEAU citing Machiavelli on the ANTIFRAGILITY of WAR

ROUSSEAU citing Machiavelli on the ANTIFRAGILITY of WAR Note 64: "It seemed, wrote Machiavelli, that in the midst of murders, civil wars (…) our republic became stronger (…) its citizens infused with virtues… A little bit of agitation gives …

The Bed of Procrustes by Nassim Nicholas Taleb – Book Review

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Another! HatTip to Dave

The Bed of Procrustes by Nassim Nicholas Taleb – Random House

The Bed of Procrustes is the latest book by Nassim Nicholas Taleb, but it diverges wildly from his other philosophical works.

I ca…

Vivian Norris: A Walk Through Paris With Nassim Nicholas Taleb

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HatTip to Dave Lull
Taleb has been criticized, but he tells it as he sees it, whether or not everyone agrees. He is taken seriously by everyone from the UK’s David Cameron to politician Ralph Nader. Not to mention NYU Polytechnic I…

The Bed of Procrustes: Philosophical and Practical Aphorisms

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HatTip to Dave Lull

Nassim Nicholas Taleb

Editor’s Note: On December 2, 2010, Mr. Taleb gave a talk …