Universa Investments L.P. – Nassim Taleb

Our Principals

Mark Spitznagel
President & CIO

Nassim Taleb
Senior Scientific Advisor

Eric Spencer
CFO/Head of Investor Relations

Nassim Taleb is considered the premier specialist of rare events and their impact (“black swans”). He has helped the U.S. Department of Defense, as well as top central banks and money management firms, deal with tail risks, and his best-selling books are translated into 20 languages. Nassim is among the most veteran option traders in the world, having held senior trading positions at investment banks and having founded Empirica Capital LLC. He is also Distinguished Professor of Risk Engineering at New York University Polytechnic Institute and holds an academic position at the London Business School. Nassim received an M.B.A. from Wharton and a Ph.D. from the University of Paris.

(Cont)- 1) In an artisanal world, the producer of the object has his pride invested in it -like soldiers today who get no bonus from winning. 2) B-Schools (schools for prostitution) teach you ethics now…for good business -which defeats the purpose. You cannot have virtue for profit-seeking, you have virtue because you have virtue, regardless of payoff to you (classical virtue ethics). 3) the issue is much larger

(Cont)- 1) In an artisanal world, the producer of the object has his pride invested in it -like soldiers today who get no bonus from winning. 2) B-Schools (schools for prostitution) teach you ethics now…for good business -which defeats the purpose. You cannot have virtue for profit-seeking, you have virtue because you have virtue, regardless of payoff to you (classical virtue ethics). 3) the issue is much larger

Modernism: 1) Anyone selling a product tries to present it in a better light than it actually is, violating classical ethics. 2) Corporations being (by definition) opportunistic and focused on P/L, by working for one you invariably end up selling part of your soul. For instance employees of a tobacco company not supposed to discourage clients from smoking, etc.

Modernism: 1) Anyone selling a product tries to present it in a better light than it actually is, violating classical ethics. 2) Corporations being (by definition) opportunistic and focused on P/L, by working for one you invariably end up selling part of your soul. For instance employees of a tobacco company not supposed to discourage clients from smoking, etc.

Nassim Taleb Educates a Quant

Now you all know I’m a Taleb super-fan, but this is excellent and hilarious. It’s not going to mean much to the general public, but to those of us following the argument it’s genius.  Would love to watch NNT’s face as he saw it for the first time. I like to think that he’d get a few laughs out of it as well, but who knows?
It has 55 views so far and was created with the very fun Xtranormal software. Here’s the link.  It’s attributed to Peter Cotton. Snooping around on the net I see a Peter Cotton associated with Taleb’s name here, which leads me to believe that it may have been created this Peter Cotton. Would love to get confirmation on that if only to thank him for a good laugh.