Money and Finance
- Taleb’s Fragile World
How fragile we are. Five years on from the Lehman Brothers collapse, political and regulatory errors have made the world’s financial system even more fragile. This alarming line of thought comes from Nassim Nicholas Taleb, best known for The Black Swan,...
- 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 Quotes (prediction)
I had this quote saved to post later, but it seemed to go well with the Tetlock article, so here it is now. THIS paper written by Taleb and Tetlock may also be worth reading (or re-reading) "I insist on the via negativa method of prophecy as being the...
- 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 ...
- Nassim Taleb Quote (focus On Consequences)
“The probabilities of very rare events are not computable; the effect of an event on us is considerably easier to ascertain (the rarer the event, the fuzzier the odds). We can have a clear idea of the consequences of an event, even if we do not know...
Money and Finance
Nassim Taleb quote
“You cannot say with any reliability that a certain remote event or shock is more likely than another (unless you enjoy deceiving yourself), but you can state with a lot more confidence that an object or a structure is more fragile than another should a certain event happen.” –Nassim Taleb, Antifragile
- Taleb’s Fragile World
How fragile we are. Five years on from the Lehman Brothers collapse, political and regulatory errors have made the world’s financial system even more fragile. This alarming line of thought comes from Nassim Nicholas Taleb, best known for The Black Swan,...
- 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 Quotes (prediction)
I had this quote saved to post later, but it seemed to go well with the Tetlock article, so here it is now. THIS paper written by Taleb and Tetlock may also be worth reading (or re-reading) "I insist on the via negativa method of prophecy as being the...
- 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 ...
- Nassim Taleb Quote (focus On Consequences)
“The probabilities of very rare events are not computable; the effect of an event on us is considerably easier to ascertain (the rarer the event, the fuzzier the odds). We can have a clear idea of the consequences of an event, even if we do not know...