Wednesday, December 22, 2010
Shared by JohnH
HatTip to Dave Lull
Every aphorism in the book is about a procrustean bed of sorts, he says in the book’s preface. “We humans, facing limits of knowledge, and things we do not observe, the unseen and the unknown, resolve the tens…
In May, Nassim Taleb Tweeted, “Mandelbrot’s genius is in achieving aesthetic simplicity without having recourse to smoothness; producing harmony in highly jagged surfaces”
Shared by JohnH
HatTip to Dave Lull
Nassim Nicholas Taleb is the author of The Black Swan. He is at work on a paper called “Why Did the Crisis of 2008 Happen?”
“The captain goes down with the ship…”
Time to realize that capitalism is …
Saturday, August 14, 2010
HatTip to Dave Lull. Since aphorisms lose their charm whenever explained, I only hint to the reader the main subject of this book, which corresponds to the central theme of Fooled by Randomness and The Black Swan, though rephrased in an aphoristic style — fooledbyrandomness.com/aphorisms.pdf
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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Also tagged bell curve, fat tails, inflation 'tax', nassim taleb, Nouriel Roubini, Paul Solman, PBS, private liabilities to public debt, recession, Video
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HatTip to Dave Lull Nassim Taleb Interview – The Brian Lehrer Show 052110 WNYC-Nassim Nicholas Taleb, former hedge fund advisor, professor, and author of the best-selling book The Black Swan: The Impact of the Highly Improbable (Random House Trade Paperbacks; 2 edition, 2010), continues his exploration of randomness and the unpredictability of markets with the new edition [...]
Shared by JohnH
HatTip to Dave Lull
I had lunch with Nassim on Friday. He is one of the most intellectually gripping men on the planet. He is also full of helpful advice, based on Pareto distributions and other such exotica, on how to live…