Money and Finance
"...the same condition that makes us simplify pushes us to think that the world is less random than it actually is." -Nassim Taleb, The Black Swan
- 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...
- Nassim Taleb Quote
“The problem here is the notion of “better,” this focus on skills as leading to success. Random outcomes, or an arbitrary situation, can also explain success, and provide the initial push that leads to a winner-take-all result. A person can get...
- Nassim Taleb Quote (experts)
“You cannot ignore self-delusion. The problem with experts is that they do not know what they do not know. Lack of knowledge and delusion about the quality of your knowledge come together—the same process that makes you know less also makes you satisfied...
- 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 ...
- 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
Taleb/narrative fallacy
"...the same condition that makes us simplify pushes us to think that the world is less random than it actually is." -Nassim Taleb, The Black Swan
- 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...
- Nassim Taleb Quote
“The problem here is the notion of “better,” this focus on skills as leading to success. Random outcomes, or an arbitrary situation, can also explain success, and provide the initial push that leads to a winner-take-all result. A person can get...
- Nassim Taleb Quote (experts)
“You cannot ignore self-delusion. The problem with experts is that they do not know what they do not know. Lack of knowledge and delusion about the quality of your knowledge come together—the same process that makes you know less also makes you satisfied...
- 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 ...
- 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...