Life’s principal skill is in distinguishing between inability and unwillingness to understand a given message.
Author Archives: Nassim Nicholas Taleb
Hormesis… Expressed it as a combination of options of different strikes.Where…
Hormesis… Expressed it as a combination of options of different strikes.
Where K is the strike, K1 I expressed the health function as:
+1 C(K1) – 1.6 C(K2) +.6 C(K3)
I wonder if this chapter is clear to the general public.http://www.fooledbyra…
I wonder if this chapter is clear to the general public.
http://www.fooledbyrandomness.com/options.pdf
http://www.fooledbyrandomness.com/options.pdf
www.fooledbyrandomness.com
Friends would love to discuss the following. Hormesis in the lit. seems to lac…
Friends would love to discuss the following.
Hormesis in the lit. seems to lack in rigor as a phen (2nd mistake, aside from missing local convexity). It is defined by a compensatory reaction, which conflicts with evolutionary filtering (antibiotic resistance works by destroying the weak faster than the strong). So there are:
1) hormetic antifragility,
2) evolutionary antifragility (often mistaken for hormesis),
3) payoff antifragility (say, financial options).
All three like increase in randomness, but function different ways.
The Engineered and the Organic
The Engineered and the Organic