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
“Evolution does not rely on narratives, humans do. Evolution does not need a word for the color blue.” –Nassim Taleb, Antifragile ...
- Nassim Taleb Quote
“…it is the suppressed risk in the statistical “tails” that matters—not the failure to see the last grain of sand. One analogy to economics: after the inception of the financial crisis in 2007–2008, many people thought that predicting...
- Nassim Taleb Quote
“We humans are the victims of an asymmetry in the perception of random events. We attribute our successes to our skills, and our failures to external events outside our control, namely to randomness. We feel responsible for the good stuff, but not for...
- Nassim Taleb On Econtalk
Nassim Taleb, author of Fooled By Randomness and The Black Swan, talks with EconTalk host Russ Roberts about antifragility, the concept behind Taleb's next book, a work in progress. Taleb talks about how we can cope with our ignorance and uncertainty...
Money and Finance
Nassim Taleb quote
“Political and economic “tail events” are unpredictable, and their probabilities are not scientifically measurable. No matter how many dollars are spent on research, predicting revolutions is not the same as counting cards; humans will never be able to turn politics and economics into the tractable randomness of blackjack.” –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
“Evolution does not rely on narratives, humans do. Evolution does not need a word for the color blue.” –Nassim Taleb, Antifragile ...
- Nassim Taleb Quote
“…it is the suppressed risk in the statistical “tails” that matters—not the failure to see the last grain of sand. One analogy to economics: after the inception of the financial crisis in 2007–2008, many people thought that predicting...
- Nassim Taleb Quote
“We humans are the victims of an asymmetry in the perception of random events. We attribute our successes to our skills, and our failures to external events outside our control, namely to randomness. We feel responsible for the good stuff, but not for...
- Nassim Taleb On Econtalk
Nassim Taleb, author of Fooled By Randomness and The Black Swan, talks with EconTalk host Russ Roberts about antifragility, the concept behind Taleb's next book, a work in progress. Taleb talks about how we can cope with our ignorance and uncertainty...