Money and Finance
Nassim Taleb quote
"Narrative, as well as its associated mechanism of salience of the sensational fact, can mess up our projection of the odds." -Nassim Taleb, The Black Swan
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Inequality, Free Markets, And Crashes - By Nassim Taleb & Mark Spitznagel
Link to: Inequality, Free Markets, and CrashesNassim Taleb and Mark Spitznagel talk about how government intervention postpones the inevitable. Mark Spitznagel and Nassim Taleb started the first equity tail-hedging firm in 1999. Since then these...
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Nassim Taleb Quote
The quote below is from The Black Swan, and I rediscovered the quote in THIS great post from Jana Vembunarayanan where he discussed what he learned from the Big History Project: "I am sometimes taken aback by how people can have a miserable day or get...
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Karl Popper: Conjectures And Refutations
“Popper introduced the mechanism of conjectures and refutations, which works as follows: you formulate a (bold) conjecture and you start looking for the observation that would prove you wrong. This is the alternative to our search for confirmatory instances....
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Nassim Taleb Quote
"But promoting philosophical skepticism is not quite the mission of this book. If awareness of the Black Swan problem can lead us into withdrawal and extreme skepticism, I take here the exact opposite direction. I am interested in deeds and true empiricism....I...
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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