Aug. 26 (Bloomberg) Nassim Nicholas Taleb, a New York University professor and author of “The Black Swan” and “Antifragile,” talks about the need for executives to be accountable and pay the price for poor decisions. Taleb, speaking with Tom Keene, Sara Eisen and Alix Steel on Bloomberg Television’s “Surveillance,” also discusses the conflict in Syria and the role of technology at exchanges. (Source: Bloomberg)
Mark your calendars folks. This should be good though the deck is pretty much stacked against NNT. Hope he’ll have FT traveling with him.
NEW YORK, Aug. 26, 2013 /PRNewswire/ — SkyBridge Capital (SkyBridge), an alternative investment firm, today announced the program for the second annual SkyBridge Alternatives “SALT” Asia Conference, which will take place at the Marina Bay Sands in Singapore September 24-27, 2013. Featured speakers for the invitation-only event include: Timothy Geithner, 75th United States Secretary of the Treasury; Jean-Claude Trichet, Former President of the ECB (2003 -2011) & Former Governor Banque de France (1993-2003; John Lipsky, Former First Deputy Managing Director, International Monetary Fund (2006-2011); Jin Liqun, Former Chairman of the Board of Supervisors, China Investment Corporation (CIC); Tharman Shanmugaratnam, Deputy Prime Minister & Minister for Finance, Singapore; and Nassim Taleb, New York Times Bestselling Author, “The Black Swan” and Distinguished Scientific Advisor, Universa Investments.
via Second Annual SALT Asia Conference Announces Program – Yahoo! Finance Canada.
Update 4/8/20. A reader has pointed out that the pdf this post linked to is no longer valid. They subsequently tweeted to NNT asking how to follow up on the Masquerade Problem and were directed to the recent version of the ‘Technical Incerto’ currently hosted and available to download as ‘Statistical Consequences of Fat Tails: Real World Preasymptotics, Epistemology, and Application’ from https://www.researchers.one/article/2020-01-21. Discussion of the Masquerade Problem starts on page 41 of the current version.
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This is a technical version of the “Masquerade Problem” in The Black Swan, or how to survive with problem of induction. Remarkably, 7 years later, I have not seen anyone getting it. Hopefully, when presented technically, people may get the point.
Will convert the Chapter into a paper at some point, format in LaTex and put on ArXiv. But comments are welcome.
Thanks in advance
Why more news means more noise, not more signal -Technical derivations. Ignore the math and see that the st arrives to the desktop. We need strong filtering.
The Noise Bottleneck or How Noise Explodes Faster than Data(pdf)
via Why more news means more noise, not more… – Nassim Nicholas Taleb | Facebook.
This is a conversation I only hoped would ever happen. Not because I have a vested interest in either outcome, but because I realize the stakes are so high that it would take minds like these to come to a meaningful understanding. For background please read recent NYT article Golden Rice: Lifesaver?
Link to Twitter Conversation August 28, 2013
J. Craig Venter @JCVenter 3h
Golden rice vitamin A could prevent blindness in 250000 children/year. Anti GMO people check your morals.
Nassim N. Taleb @nntaleb 1h @JCVenter Pro GMO people, check your understanding of 1) Risk & probability , 2) invoking “morals” as a tactic while endangering people.
J. Craig Venter @JCVenter 59m @nntaleb you are smarter than that. Small hypothetical risk vs 250000 blind children. <1 vs 100%.
Nassim N. Taleb @nntaleb @JCVenter Point 2: There are other alternatives with controlled & known side effects.