Search Results for: taleb

Who Is Nassim Taleb? Antifragile Thinking for a Fat-Tailed World

February 20, 2018

Nassim Taleb is the original, idiosyncratic mind behind Fooled by Randomness, The Black Swan, and Antifragile, a bestselling series of books on the nature of complexity, randomness, and a world where rare events dominate the landscape. Nassim Nicholas Taleb, born in Lebanon, started his career as a derivatives trader on Wall Street. Yet he publicly […]

Nassim Taleb: How to Not be a Sucker From the Past

May 11, 2015

The fact that new information exists about the past in general means that we have an incomplete roadmap about history. There is a necessary fallibility … if you will. In The Black Swan, Nassim Taleb writes: History is useful for the thrill of knowing the past, and for the narrative (indeed), provided it remains a […]

Nassim Taleb on the Notion of Alternative Histories

March 12, 2014

We see what’s visible and available. Often this is nothing more than randomness and yet we wrap a narrative around it. The trader who is rich must know what he is doing. A good outcome means we made the right decisions, right? Not so quick. If we were wise we would not judge the quality […]

20 Aphorisms from Nassim Taleb

September 18, 2013

The Bed of Procrustes, the title of Nassim Taleb‘s book of aphorisms, takes its title from Greek Mythology. Procrustes (“the stretcher”) owned a small estate along the sacred way between Athens and Eleusis. He invited every passer-by to spend the night in his iron bed. No one ever fit the bed exactly (because he had […]

34 Insights From Nassim Taleb

August 09, 2013

Nassim Taleb, the author of The Black Swan and Antifragile: Things That Gain from Disorder with 34 insights from his facebook account: The artificial gives us hangovers, the natural inverse-hangovers. The only problem with the last laugh is that the winner has to laugh alone. Intelligence without imagination: a deadly combination. There is no more […]

Nassim Taleb: The Big Errors of Big Data

February 13, 2013

“I am not saying here that there is no information in big data. There is plenty of information. The problem — the central issue — is that the needle comes in an increasingly larger haystack.” *** Nassim Taleb offers another way to look at big data. We’re more fooled by noise than ever before, and […]