Money and Finance
- James Altucher Interviews Nassim Taleb
Link to: Ep. 45 Nassim Taleb: Why You Should Embrace Uncertainty This week, Nassim Taleb, author of Antifragile: Things That Gain from Disorder, joins The James Altucher Show to talk about technology and how different systems handle disorder. Just...
- 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
"So the central tenet of the epistemology I advocate is as follows: we know a lot more what is wrong than what is right, or, phrased according to the fragile/robust classification, negative knowledge (what is wrong, what does not work) is more robust...
- Nassim Taleb Quote
“Financial options may be expensive because people know they are options and someone is selling them and charging a price—but most interesting options are free, or at the worst, cheap. Centrally, we just don’t need to know what’s going on when...
- 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 ...
Money and Finance
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 of optionality—your function of something is very convex, so you can be wrong and still do fine—the more uncertainty, the better. This explains my statement that you can be dumb and antifragile and still do very well."
-Nassim Taleb, Antifragile
- James Altucher Interviews Nassim Taleb
Link to: Ep. 45 Nassim Taleb: Why You Should Embrace Uncertainty This week, Nassim Taleb, author of Antifragile: Things That Gain from Disorder, joins The James Altucher Show to talk about technology and how different systems handle disorder. Just...
- 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
"So the central tenet of the epistemology I advocate is as follows: we know a lot more what is wrong than what is right, or, phrased according to the fragile/robust classification, negative knowledge (what is wrong, what does not work) is more robust...
- Nassim Taleb Quote
“Financial options may be expensive because people know they are options and someone is selling them and charging a price—but most interesting options are free, or at the worst, cheap. Centrally, we just don’t need to know what’s going on when...
- 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 ...