{"id":8448,"date":"2016-08-16T13:42:29","date_gmt":"2016-08-16T20:42:29","guid":{"rendered":"http:\/\/www.blackswanreport.com\/blog\/?p=8448"},"modified":"2016-08-16T13:42:29","modified_gmt":"2016-08-16T20:42:29","slug":"commencement-address-american-university-in-beirut-2016","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2016\/08\/commencement-address-american-university-in-beirut-2016\/","title":{"rendered":"Commencement Address, American University in Beirut, 2016"},"content":{"rendered":"<p>Full speech here: <a href=\"https:\/\/medium.com\/@nntaled\/commencement-address-american-university-in-beirut-2016-a5c6d57984b#.aq394rzed\" target=\"_blank\">Commencement Address, American University in Beirut, 2016<\/a><\/p>\n<blockquote><p>Greed and fear are teachers. I was like people with addictions who have a below average intelligence but were capable of the most ingenious tricks to procure their drugs. When there was risk on the line, suddenly a second brain in me manifested itself and these theorems became interesting. When there is fire, you will run faster than in any competition. Then I became dumb again when there was no real action. Furthermore, as a trader the mathematics we used was adapted to our problem, like a glove, unlike academics with a theory looking for some application. Applying math to practical problems was another business altogether; it meant a deep understanding of the problem before putting the equations on it. So I found getting a doctorate after 12 years in quantitative finance much, much easier than getting simpler degrees.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Full speech here: Commencement Address, American University in Beirut, 2016 Greed and fear are teachers. I was like people with addictions who have a below average intelligence but were capable of the most ingenious tricks to procure their drugs. When there was risk on the line, suddenly a second brain in me manifested itself and [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1326,1325,1324,577,460,550],"class_list":["post-8448","post","type-post","status-publish","format-standard","hentry","category-contributors","tag-bab-ed-driss","tag-gambling-instinct","tag-graduation","tag-probability-theory","tag-skin-in-the-game","tag-success"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/8448","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=8448"}],"version-history":[{"count":1,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/8448\/revisions"}],"predecessor-version":[{"id":8449,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/8448\/revisions\/8449"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=8448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=8448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=8448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}