This strikes me as another case of ‘Black Swan Coattail Riding’. I can’t recall NNT describing the financial crisis as anything more than a grey swan at best. Can you? Black Swans And Complexity Submitted by Jim Lewis Nassim Taleb is wrong about the financial crisis and black swans. The ongoing financial crisis is not [...]
Saturday, December 3, 2011
The Predictability of Unpredictability 1st Dec 2011; 18:00 Listen to the audio (full recording including audience Q&A) Please right-click link and choose “Save Link As…” to download audio file onto your computer. Download Nassim Taleb’s presentation (pdf) RSA Keynote Nassim Nicholas Taleb is the brilliant and controversial author of The Black Swan, described in the [...]
Saturday, November 12, 2011
For the nonorganic, noncomplex, say an object on the table, equilibrium happens in a state of inertia. For something organic, equilibrium is synonym to death. [Chapter on Political Volatility] via For the nonorganic,… | Facebook.
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Saturday, November 12, 2011
[Unfortunately the link is broken. I don't have the pdf and NNT is pretty clear about not sharing the documents he posts to FooledByRandomnexx.com anyway.] The continuation of Seneca’s asymmetry: “Fragility is the new blue”. I need to find the person who wrote it to give proper credit. http://www.fooledbyrandomness.com/fragility-blue.pdf via The continuation of… | Facebook.
Thursday, November 10, 2011
The entire idea of via negativa is that omission [avoidance of harm, removal of drugs, corn syrup, cigarettes, gluten, carbs by fasting, gym instructors, tail risks, etc.] does not have side effects and branching chains of unintended consequences -hence robust. But big corporations [evil pharma, pepsi] and consultants cannot make money from removing; they only [...]
Wednesday, November 9, 2011
[Another commentary and rebuttal to NNT's recent NYT 'End Bonuses for Bankers' piece. Again, it would be nice if these articles were based on the larger context of NNT's entire Bailout commentary rather than a single opinion piece. JH] End deposit insurance: a simple heuristic for a complex problem. Taleb of all people should appreciate [...]
Tuesday, November 8, 2011
Going Back to the Partnership StructureTaleb suggests that investment banks go back to what they used to look like a few decades ago — where they were partnerships instead of publicly traded companies. This idea does have some attractive features, as the employees all share in the losses. But that also makes it somewhat unattractive [...]
Thursday, November 3, 2011
Nassim Nicholas Taleb Concave and Convex. via Wall Photos | Facebook.
Wednesday, October 19, 2011
Link to Source (My notes) The banks have made 2.2 trillion over the last 2 years. Salary plus bonuses. It is a tax on citizens. Bailout scheme, since Reagan.You need something to break the bank cartel. Federal Reserve policy is there to help the banks. Last year they had record bonuses.The ONLY valuable information you [...]
Longtime reader and tipster David Lemus has a new book out.Here’s a quote: “So the statistics presented as the bell curve can at most work in one world. What polemic philosopher Nassim N. Taleb has called Mediocristan and Extremistan, the former domain is where statistics can be apply to physical measurements with miniscule margin of [...]
Saturday, August 20, 2011
BBC Newsnight Friday 19th Aug 2011 Audio only NNT interview starts at 4:57
Thursday, August 18, 2011
Lecturing Birds on How to Fly:http://fooledbyrandomness.com/birds.pdfhttp://fooledbyrandomness.com/birds.pdffooledbyrandomness.com
www.fooledbyrandomness.com/ethics.pdfA simple heuristic to solve current problems. We should force tobacco lobbyists to smoke, etc.http://www.fooledbyrandomness.com/ethics.pdfwww.fooledbyrandomness.com
NNT spoke earlier this year at the Goldstone Forum at the University of PA.
Mark Blyth, the co-author of NNT’s recent Foreign Affairs article, was interviewed by Christopher Lydon on Radio Open Source. Click arrow to play audio. Mark Blyth, The Black Swan of Cairo.
I’m in receipt today of a collection of emails from Janet Tavakoli. You may recall some controversy around figures NNT was quoted to have said in a GQ article. I believe I’ve posted about this elsewhere on the blog. It’s from 2009. As you know, I have no relationship with Nassim Taleb, I’m simply collecting, [...]
Nassim Taleb, author of ‘The Black Swan’, confirmed to speak at the UNEP FI Global Roundtable
18.03.2011
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Ronald Reagan Building and International Trade CentreWashington…
Names Not Numbers Symposium An annual thought leadership symposium. Multimedia Fragility, Complexity & Society (mp3) Talk with Q&A Nassim Nicholas Taleb, Former Trader and Author of ‘The Black Swan’ Q&A moderated by Matthew Taylor, RSA
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Tagged anti fragility, fragility, hormesis, long volatility, phoenix, robustify, subtractive treatment, sucker non-sucker, The Bed of Procrustes
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Audio from the BBC. Intelligence Symposium in Portmeirion, with Oceanographer sylvia Earle and painter, poet Frieda Hughes. HatTip to Dave Lull.
Lebanese- American Nassim Nicholas Taleb, author of ‘The Black Swan’….
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NNT on Charlie Rose, tomorrow, Feb. 22 2011. Will post links to interview as it becomes available.
Nassim Taleb
with
Nassim Nicholas Taleb
on Feb 22, 2011
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Tagged anti fragility, aphorisms, Bed of Procrustes, bernanke, charlie rose, David Cameron, debt to equity, long walks, On Robustness and Fragility, risk, weimar republic
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Friday, February 25, 2011
The TRAGEDY OF THE APOPHATIC. Just to show that to nerds things that don't have a name don't appear to exist – & same problem 1) fail to understand uncertainty, 2) cannot connect dots, 3) cannot understand religion (what they don't see …
Tuesday, February 22, 2011
Friends, I need help: When did we start using Euclid’s axiomatic geometry in architecture? It seems to be that we had been building structures heuristically (including cathedrals), without any formal framework, that Euclid appeared late as a “lecturing…
Sunday, February 20, 2011
Marx was (perhaps) globally wrong (but locally right); Hayek was mildly right all the way. But Marx, when right, had huge insights; e.g. Chapter 14 of Das Capital I on the Division of Labor and its dismemberment of humans. Immense erudition: he moves f…
Saturday, February 19, 2011
It’s much better to mistake a stone for a bear, than a bear for a stone. (Click arrow to play audio) Nassim Taleb ManagemenTV.mp3
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Tagged allow for wrong forecast, avoid losing money, forecasting, how to domesticate randomness, how to live in a world we don't understand, lack of knowledge, mediocristan, positive Extremistan, seeing patterns where there's none, Tinkering
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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.
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