Treat! From Reason.com Reason’s Nick Gillespie sat down with Taleb for a wide-ranging discussion about why debt leads to fragility (5:16); the importance of “skin in the game” to a properly functioning financial system (10:45); why large banks should be nationalized (21:47); why technology won’t rule the future (24:20); the value of studying the classics [...]
But the average of the function is as follows. Take the square of every payoff, 1^2+2^2+3^2+4^2+5^2+6^2 divided by 6, that is the average square payoff, and you get 15.67. So, since squaring is a convex function, the average of a square payoff is higher than the square of the average payoff. The difference, here between [...]
I must be slacking. I knew this event was scheduled but I hadn’t seen the video until today! ZURICH.MINDS 2011, Antifragility. Talk with Rolf Dobelli
Wednesday, April 11, 2012
Reader Jonc wrote with a report from the recent Princeton lecture. He graciously allowed me to reprint his letter here: Dear John I attended the event with South Jersey artist Nancy Jackson.. The audio visual gremlins normally present were not at this presentation of NNT’s concept of Antifragility… they were at both the Stevens and [...]
Wednesday, April 11, 2012
No sign of a recording as of yet. Will post as soon as one comes available. Taleb opened his lecture with a question: “What is the opposite of fragile?” After a few attempted answers from the audience, Taleb explained that there is no antonym for fragile in common English. He introduced the term “antifragile” as [...]
Saturday, January 21, 2012
Not sure if this is new, but it’s the first time I’ve seen it. New book title and approx. release date. Antifragility, Sept 2012, Random House (US) & Penguin (UK) via Nassim N. Taleb Home & Professional Page.
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Abstract: The notion of antifragility, an attribute of systems that makes them thrive under variable conditions, has recently been proposed by Nassim Taleb in a business context. This idea requires the ability of such systems to ‘tinker’, i.e., to creatively respond to changes in their environment. A fairly obvious example of this is natural selection-driven [...]
Wednesday, December 22, 2010
My first draft introducing AntiFragility (unedited)http://www.fooledbyrandomness.com/af.pdfhttp://www.fooledbyrandomness.com/af.pdfwww.fooledbyrandomness.com
Saturday, December 4, 2010
The Black Swan author’s latest, The Bed of Procrustes, is a book of aphorisms. Nassim Taleb will now take your questions.
Read more: http://www.time.com/time/video/player/0,32068,695031278001_0,00.html#ixzz17BeHeqlJ
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Also tagged agency problem, anti-fragile, asymmetry, black swans, complex domains, debt crisis, generalist, moral sciences, Nassim Nicholas Taleb, natural systems, over-specialization
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