Money and Finance
- Nassim Taleb And Barbells...
Here's a link to a post I put up last year that included an excerpt from Nassim Taleb's Antifragile that I think is extremely important--probably even more so in a market environment like we are in today--and worth reviewing every now and then....
- Nassim Taleb Quote
"Someone with a linear payoff needs to be right more than 50 percent of the time. Someone with a convex payoff, much less. The hidden benefit of antifragility is that you can guess worse than random and still end up outperforming. Here lies the power...
- Nassim Taleb Quote
“Knowledge formation, even when theoretical, takes time, some boredom, and the freedom that comes from having another occupation, therefore allowing one to escape the journalistic-style pressure of modern publish-and-perish academia to produce cosmetic...
- Nassim Taleb Quote
“What makes life simple is that the robust and antifragile don’t have to have as accurate a comprehension of the world as the fragile—and they do not need forecasting.” –Nassim Taleb, Antifragile ...
- This Is Not A Profile Of Nassim Taleb
Taleb is in the university but not of it. He spent the first couple decades of his career as a derivatives trader before turning to scholarship and essay writing in his mid-40s. Taleb is a professor of risk engineering at the Polytechnic Institute of...
Money and Finance
Nassim Taleb quote
"Subtractive knowledge is a form of barbell. Critically, it is convex. What is wrong is quite robust, what you don’t know is fragile and speculative, but you do not take it seriously so you make sure it does not harm you in case it turns out to be false." -Nassim Taleb, Antifragile
- Nassim Taleb And Barbells...
Here's a link to a post I put up last year that included an excerpt from Nassim Taleb's Antifragile that I think is extremely important--probably even more so in a market environment like we are in today--and worth reviewing every now and then....
- Nassim Taleb Quote
"Someone with a linear payoff needs to be right more than 50 percent of the time. Someone with a convex payoff, much less. The hidden benefit of antifragility is that you can guess worse than random and still end up outperforming. Here lies the power...
- Nassim Taleb Quote
“Knowledge formation, even when theoretical, takes time, some boredom, and the freedom that comes from having another occupation, therefore allowing one to escape the journalistic-style pressure of modern publish-and-perish academia to produce cosmetic...
- Nassim Taleb Quote
“What makes life simple is that the robust and antifragile don’t have to have as accurate a comprehension of the world as the fragile—and they do not need forecasting.” –Nassim Taleb, Antifragile ...
- This Is Not A Profile Of Nassim Taleb
Taleb is in the university but not of it. He spent the first couple decades of his career as a derivatives trader before turning to scholarship and essay writing in his mid-40s. Taleb is a professor of risk engineering at the Polytechnic Institute of...