The author and philosopher and the Ogilvy Group UK vice-chairman join John Plunkett at the Cannes Lions International Festival of Creativity to discuss how ideas relating to resilience, uncertainty, randomness and variation can apply to the advertising industry. They look at how the ’80/20′ theory of resource allocation can lead to disproportionate gains for minimal risk
Tag Archives: Guardian
Nassim Nicholas Taleb: My Letter Addressing the Guardian’s Distortions (2009)
From 2009, revisited in context of recent Guardian reviews.
I used to think that the US press was guilty of distortions. Recent events changed my mind, as UK anti-Cameron papers tried to cut and paste from my talk to weaken him by trying to demonize me. The problem is that they got my ideas backwards on every single point. Such lack of ethics, I am certain, would have never happened in the US. Here is my letter to the Guardian:
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Dear sirs,
I am extremely honored to see my conversation with MP David Cameron at the RSA so repeatedly covered in your paper. However I was astonished by the representations that you made as they were in complete reverse to my positions on three subjects: the environment, market crashes, and taxation of the rich…
via Nassim Nicholas Taleb: My Letter Addressing the Guardian’s Distortions.
Nassim Taleb Hay Festival 2010 Guardian Video Clip
Nice editing. NNT in excellent form. Wish it were longer.
Hay Festival video: On the power of cab drivers
Nassim Nicholas Taleb on knowledge, power and why a cab driver knows as much as a political scientist about what is going to happen tomorrow.
Audio only version.
When it comes to economic life, we have evidence that a cab driver knows as much as a political scientist-anyone in Washington- in what’s going to happen tomorrow.
People tend to fit their beliefs to the profession, rather than fit their professions to their beliefs…
…when people’s income depends on certain set of beliefs, they will endorse these sets of beliefs, just for the sake of maintaining their lifestyle.