Friends, thanks to the requests, here is the first in a mini-tutorial series. Subject: Fat Tails.
corrected video version http://www.youtube.com/watch?v=s45E8_jkyJc&feature=youtu.be
Mini Tutorial 1, Fat Tails Simplified in 8 1/2 minutes
A quick tutorial introducing the idea of Fat Tails in about 8 minutes, as simply as possible. Fat Tails make us understand the world much less than we think.

via Friends, thanks to the requests, here is… – Nassim Nicholas Taleb | Facebook.