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Tag Archives: probability
As technology increases, misunderstanding of ruin by a very small number of people is sufficient to guarantee ruin
Saturday, July 18, 2015
https://twitter.com/nntaleb/status/622407350482305024 https://twitter.com/nntaleb/status/622375840144302080 https://twitter.com/nntaleb/status/622127777064595456 As technology increases, misunderstanding of ruin by a very small number of people is sufficient to guarantee ruin https://www.facebook.com/permalink.php?story_fbid=10153193506938375&id=13012333374 … Greece: Neither those who made the decision to borrow nor those who made the decision to lend had skin in the game. “Other people’ money”. Friday probability quiz. X has 2 children. One […]
A great article on Probability in The Stanford Enc of Philosophy
Friday, February 27, 2015
A great article on Probability in The Stanford Enc of Philosophy that draws from Franklin’s book. Probability in Medieval and Renaissance Philosophy via Nassim NicholنTaleb on Twitter: “A great article on Probability in The Stanford Enc of Philosophy that draws from Franklin’s book. http://t.co/ZJUFxgaNo8”.
The absolute best best best noBS book on hist of probability is Franklin’s
Friday, February 27, 2015
NNT tweeted: “The absolute best best best noBS book on hist of probability is Franklin’s” and linked to his Amazon review. 5.0 out of 5 stars Indispensable, August 31, 2013 By N N Taleb This review is from: The Science of Conjecture: Evidence and Probability before Pascal (Paperback) As a practitioner of probability, I’ve read […]
PROBABILITY HAS BEEN BEST UNDERSTOOD HISTORICALLY BY LEGAL SCHOLAR
Tuesday, August 5, 2014
PROBABILITY HAS BEEN BEST UNDERSTOOD HISTORICALLY BY LEGAL SCHOLARS (In new Intro for SILENT RISK, not talking about New York lawyers but MEDIEVAL legal scholars/philosophers). Most people claiming a “scientific” approach to risk management do not quite understand what “science” means and how applicable it is for probabilistic decision making. Science consists in a body […]
