Nassim Nicholas Taleb on The Black Swan from The Long Now Foundation on FORA.tv

Complete video at: http://fora.tv/2008/02/04/Nassim_Nicholas_Taleb_A_Crazier_Future …Author Nassim Nicholas Taleb discusses the central theme of his bestselling book, “The Black Swan: The Impact of the Highly Improbable.”—–The Future Has Always Been Crazier Than We Thought with Nassim Nicholas Taleb.Author Nassim Nicholas Taleb discusses his book, The Black Swan in relation to predicting the future, learning from the consequences of the unknown, and the power of randomness.Nassim Nicholas Taleb is an essayist, belletrist, and researcher only interested in one single topic, chance (particularly extreme and rare events, the “Black Swans” i.e. outliers); but it falls at the intersection of philosophy/epistemology (skepticism; knowledge about the dynamics of history; inferential claims), philosophy/ethics (stoicism facing random events; theories of nonhedonic happiness), mathematical sciences (probability theory, statistical physics), social science/finance (opacity & incomplete information in economics), and cognitive science (the mental biases making us “fooled” by randomness). He mainly derives his intuitions from a 2-decade long and intense practice of derivatives trading (“nondull” activities with plenty of randomness).Taleb is currently a researcher at London Business School. He the Dean’s Professor in the Sciences of Uncertainty University of Massachusetts at Amherst, Fellow in Mathematics in Finance, Adjunct Professor of Mathematics at the Courant Institute of Mathematical Sciences of New York University (since 1999), and research fellow, Wharton School Financial Institutions Center, and Chairman, Empirica LLC.Taleb held senior trading positions with trading houses in New York and London and operated as a floor trader before founding Empirica LLC. His degrees include an MBA from the Wharton School and a Ph.D. from the University of Paris. He is the author of Dynamic Hedging, Fooled by Randomness, and The Black Swan.