Be courteous and gentle, but never ever take criticism from people you wouldn’t hire.
via Be courteous and gentle, but never ever take… – Nassim Nicholas Taleb.
The be genuine, if you dismiss criticism by the herd, you must also ignore its praise.
via The be genuine, if you dismiss criticism… – Nassim Nicholas Taleb | Facebook.
One more attempt with the title of the technical version.
Looks like:
*Elements of Risk Engineering: Probability and Decision in the Real World*
is more descriptive of the effort. I wanted Engineering in the title to stress the necessity of an anti-intellectual, nobullshit approach to risk.
I rewrote the introduction to cristallize the approach.
via One more attempt with the title of the… – Nassim Nicholas Taleb | Facebook.
“Debt increases tail-risk,” warns anti-fragility expert Nassim Taleb, “whether it’s personal, corporate, or governmental.” A rise in debt, he warns, implies nothing less than a rise in “the risk of catastrophe,” and Taleb chides, governments “should be focused in risk-management… instead of creating these risks.” This brief Bloomberg TV clip cuts to the chase as the normally circumlocutory Taleb unloads on the perils of central banks, “Mr. Greenspan created tail risk by eliminating the business cycle,” and since then tail-risks have accumulated with debt the “number one creator of these risks.” In a fascinating phrase, Taleb notes, “corporate debt is benign,” since in failure it turns into equity, “but government debt is another matter… for it turns into inflation or worse invasion…”
Taleb Blasts Bernanke & Greenspan, Warns “Debt Raises The Risk Of Catastrophe” | Zero Hedge.
Nov. 14 (Bloomberg) — Nassim Nicholas Taleb, a professor at New York University and author of “The Black Swan” and “Antifragile: Things That Gain From Disorder,” talks about risks created by government debt and Federal Reserve monetary policy. He speaks with John Dawson on Bloomberg Television’s “First Up” on the sidelines of Barclays Asia Forum in Hong Kong. (Source: Bloomberg)