NNT starts at around minute 3:55. In English.
via 02/12/2014 – Il video integrale della lectio magistralis di Taleb | Fondazione Golinelli.
HatTip to Karunakaran
It’s not what you say that gets you in trouble, it’s fearing that what you say can get in trouble that gets you in trouble.
via It’s not what you say that gets you in trouble,… – Nassim Nicholas Taleb.
This is a bit technical but of huuuuuge practical importance: how much more data do we need under fatter tails to see what’s going on? I was a bit, quite a bit surprised.
via This is a bit technical but of huuuuuge… – Nassim Nicholas Taleb.
Quickly recorded. You do not decrease tail risk by increasing benefits, you decrease tail risk by decreasing tail risk.
via Quickly recorded. You do not decrease tail risk… – Nassim Nicholas Taleb.
Schools fail to replicate real life in that they try to teach kids how to succeed, instead of helping them work with failure.
via Schools fail to replicate real life in that they… – Nassim Nicholas Taleb.