A New Heuristic Measure of Fragility and Tail Risks: Application to Stress Testing Abstract Pdf A better approach, according to Taleb and his IMF co-authors Elie Canetti, Tidiane Kinda, Elena Loukoianova, and Christian Schmeider, is to measure the difference between outcomes arising from different scenarios instead of focusing on the estimates of potential losses themselves. [...]
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
Filed in Audio, Event, John, Video
|
Also tagged anti fragility, hormesis, long volatility, phoenix, robustify, subtractive treatment, sucker non-sucker, The Bed of Procrustes
|
Friday, December 17, 2010
“They’re trying to change the wrong variables,” he said. “Instead of changing models or accepting limitations on their models, they have an idea in their head and the world has to fit to it.” HatTip to Dave Lull
Saturday, September 4, 2010
International Monetary Fund, Sept 16, 2010, Washington, DC, General Lecture (morning) and Technical Workshop (afternoon) on how to detect tail-fragility.
Click arrow to listen Christopher Lydon / Nassim Taleb telephone interview. Link to source and synopsis. 3. On bailouts: My analogy is to the gambler who is now gambling with the trust fund of his unborn great-great-granchildren… Prudence should be the first thing on the agenda of governments, not speculation. Stimulus packages are speculation… [...]
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 [...]
This is the third Russ Roberts Econtalk.org interview which took place just before the April 2010 release of the second edition of The Black Swan. (Click arrow to play audio clip) 2010 Taleb on Black Swans, Fragility, and Mistakes. Very interesting to listen to all three interviews in sequence. 2007 2009
@nntaleb