This video was recorded at UC Berkeley on August 10, 2014 as part of a series of talks to honor Seth Roberts.
HatTip to K Kalidasan
This video was recorded at UC Berkeley on August 10, 2014 as part of a series of talks to honor Seth Roberts.
HatTip to K Kalidasan
John, I reviewed Taleb’s Antifragile on Fat Tail Mag. Here is a quote:
“Now close to seven years later we have Antifragile Taleb’s newest book that leaves the black swan or the rare event as something beyond mystical and returns to the process itself—to the random distribution and how to take the upside payoff and avoid the downside. As Seneca once said: “Luck is what happens when preparation meets opportunity”. Being antifragile as Taleb explains is about cutting the downside and exposing oneself to volatility and opportunity as bearer of good news. He promises too that by following his antifragile logic, process, and even workout you would do better than the rest because of nonlinear convexity.”
Best
E.D. Lemus
N Underground Publisher Ltd.
Fat Tail Mag Number 1 Volume 1: Edvin Lemus: 9781500784423: Amazon.com: Books.
Alas, I know very few thin people who know how to enjoy life & with whom it is fun to eat.
via Alas, I know very few thin people who know how… – Nassim Nicholas Taleb.
Complexity is about the scale.Some systems are very intelligent in the aggregate while composed of unintelligent units Ant colonies.Some systems are very unintelligent while composed of very intelligent units certain countries on the Mediterranean.Some systems are intelligent while composed of intelligent units 19th C science, legal systems throughout history.And some systems are very unintelligent while composed of unintelligent units Washington, finance, modern academia, economics.
via Complexity is about the scale. Some systems are… – Nassim Nicholas Taleb.
An introduction for Silent Risk. Presenting the difference between verbalistic description of probabilistic events and the true rigorous (contractual or mathematical) one. We really don’t know what we are talking about when we talk about probability. Except, of course, firefighters.
Adding (p 55) a definition of a Charlatan. Why verbalistic “predictions” (and prediction markets) are nonsense.
https://docs.google.com/file/d/0B8nhAlfIk3QINW1YQm1uSmRjcmc/edit
via An introduction for Silent Risk. Presenting the… – Nassim Nicholas Taleb.