N N Taleb’s Probability Moocs
Published on Feb 10, 2018
Antifragile explains why understanding x is different from f(x) the payoff or exposure from x. Most of the harm/gains come from f(x) being convex or concave not understanding x. Forecasting is off an average, and average is for academics and other morons.
This video illustrates the point with XIV that went bust while being correct about volatility –and why people who make money are usually wrong.
Bloomberg TV Markets and Finance
Published on Oct 16, 2017
Oct.16 — The Black Monday crash was 30 years ago this week. “Black Swan” author Nassim Taleb was a trader for First Boston at the time. He made a lot of money while others lost fortunes. He recounts the experience with Bloomberg’s Erik Schatzker.
Bloomberg TV Markets and Finance
Published on Aug 16, 2017
Aug.16 — Nassim Nicholas Taleb, adviser at Universa Investments, sat down for an interview with Erik Schatzker Tuesday evening in New York. Taleb, famous for his assessment of risk, says there are greater risks out there than nuclear war with North Korea.