Monthly Archives: April 2012

If schools…

If schools (colleges) want to resemble real life, they would only care about the subject in which the student has the highest grade and ignore the others, a total drag. In a convex world, the average is of *zero* significance -like an option – since only the upper bound counts. So push the upper bound further.

Same with authors- a high convexity environment. When I probe the readers (as I just did), I probe the upper bound, the most enthusiastic need to be made more enthusiastic; the others don’t exist.

via If schools….

Famed Author, Nassim Taleb, Discusses His Best-Selling Book, “The Black Swan.” Book Sale and Signing Following Discussion | AllPrinceton

Woodrow Wilson School, Dodds Auditorium, Robertson Hall
Washington and Prospect Streets
Princeton, NJ 08544
Phone: 609-258-0157
See map: Google Maps

Best-selling author Nassim Nicholas Taleb will speak at the Woodrow Wilson School on Tuesday, April 10, 2012. Taleb’s talk is part of the School’s “Economic Recovery: Perils, Politics and Possibilities” thematic lecture series. A book sale and signing of his New York Times bestseller, “The Black Swan,” along with a public reception will immediately follow the talk in the Shultz dining room.

via Famed Author, Nassim Taleb, Discusses His Best-Selling Book, “The Black Swan.” Book Sale and Signing Following Discussion | AllPrinceton.

The anti-fragile nature of life › Opinion (ABC Science)

Nassim Taleb, famous for his prescient identification of rare ‘black swan’ events that are correlated with economic catastrophes, recently proposed the notion of ‘anti-fragility’ as a way to conceptualise the reproduction of markets and output in the face of such events.

In fact, anti-fragile structures and processes are all around us — suffusing life itself.

To define anti-fragility, Taleb asks what would be the true opposite of ‘fragile’. Starting with the Sword of Damocles, he chooses as its opposite, not the robustness of the Phoenix rising from the ashes, but the inventiveness of the Hydra, who sprouts two heads whenever one is cut off.

via The anti-fragile nature of life › Opinion (ABC Science).