{"id":5463,"date":"2013-01-22T21:55:33","date_gmt":"2013-01-23T05:55:33","guid":{"rendered":"http:\/\/www.blackswanreport.com\/blog\/?p=5463"},"modified":"2013-01-22T21:55:33","modified_gmt":"2013-01-23T05:55:33","slug":"a-simple-slide-to-explain","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2013\/01\/a-simple-slide-to-explain\/","title":{"rendered":"A simple slide to explain&#8230;"},"content":{"rendered":"<blockquote>\n<p>Nassim Nicholas Taleb<\/p>\n<p>A simple slide to explain my idea that risk resides necessarily in the nonlinear. A linear risk that produces the same harm for large deviations as a nonlinear (concave) one would scare the s**t out of you. Hence detecting risks consists necessarily in finding nonlinear responses.<\/p>\n<p>(I am lecturing today to bank inspectors. They are good people looking for tricks and heuristics.)<\/p>\n<\/blockquote>\n<p>via <a href=\"http:\/\/www.facebook.com\/photo.php?fbid=10151277870798375&amp;set=a.10150109720973375.279515.13012333374&amp;type=1\">Timeline Photos | Facebook<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nassim Nicholas Taleb A simple slide to explain my idea that risk resides necessarily in the nonlinear. A linear risk that produces the same harm for large deviations as a nonlinear (concave) one would scare the s**t out of you. Hence detecting risks consists necessarily in finding nonlinear responses. (I am lecturing today to bank [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[145],"tags":[],"class_list":["post-5463","post","type-post","status-publish","format-standard","hentry","category-facebook"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/5463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/comments?post=5463"}],"version-history":[{"count":1,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/5463\/revisions"}],"predecessor-version":[{"id":5464,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/5463\/revisions\/5464"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=5463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=5463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=5463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}