Tag Archives: nassim taleb

nntaleb: Chap from the nw essay on ROBUSTNESS & FRAGILITY (2nd Ed of TH BLCK SWN in US/UK, sprt bk in Eu/Asia) http://TwitPWR.com/GmF/ [Fixed]

nntaleb: Chap from the nw essay on ROBUSTNESS & FRAGILITY (2nd Ed of TH BLCK SWN in US/UK, sprt bk in Eu/Asia) http://TwitPWR.com/GmF/ pdf download [Fixed]


Loved this- really, so many of our mistakes seem to lead simply from the poor choice of words.
Pg.320:

For consider the opposite: differences without a distinction. They can be brutally misleading. People use the same term, measuring, for measuring a table using a ruler, and for measuring risk—when the second is a forecast, or something of the sort. And the word measuringconveys an illusion of knowledge that can be severely distorting: we will see that we are psychologically very vulnerable to terms used and how things are framed. So if we used measuringfor the table, and forecastingfor risk, we would have fewer turkeys blowing up from Black Swans.

For those of us who have been following NNT’s Tweets, this will sound familiar.

So I am currently torn between (a) my desire to spend time mulling my ideas in European cafés and in the tranquility of my study, or looking for someone who can have a conversation while walking slowly in a nice urban setting, and (b) the feeling of obligation to engage in activism to ro- bustify society, by talking to uninteresting people and being immersed in the cacophony of the unaesthetic journalistic and media world, going to Washington to watch phonies in suits walking around the streets, having to defend my ideas while making an effort to be smooth and hide my dis- respect.

nntaleb: Ralph Nader, incorruptible: this is the 2nd time in my life I encounter someone who does not have any fake cell (cont) http://tl.gd/l2gkv

nntaleb: Ralph Nader, incorruptible: this is the 2nd time in my life I encounter someone who does not have any fake cell (cont) http://tl.gd/l2gkv

Full tweet:
Ralph Nader, incorruptible: this is the 2nd time in my life I encounter someone who does not have any fake cell in his body; you admire his courage even if you disagreed w his politics. The embodiment of the n. “uncompromising sincerity”. Asceticism makes him socially, intellectually, financially, & mostly socially incorruptible… And all that in the city of phonies, DC…

Reflections on a crisis | DLD – Digital, Life, Design Conference in Munich

[youtube=http://www.youtube.com/watch?v=LjGl6bZF6zs]

Audio Only: Daniel Kahneman & Nassim Taleb at DLD 2008

One of the most anticipated talks at DLD 2009 brought together essayist and former mathematical trader Nassim Taleb, nobel laureate Daniel Kahneman (Princeton University) and John Brockman, publisher of Edge in Munich. View the complete 1 hour DLD video of the session “Reflections on a crisis” in HD as the greatest living psychologist and the foremost scholar of extreme events discuss hindsight biases, the illusion of patterns, perception of risk, and denial here. Also, you may want to read more on FOCUS Online and edge.org. Thanks to Thomas Praus and Nicole Simon for live-blogging about this session.

January 31, 2009 · 02:55 PM·

nntaleb: The return of Fat Tony (comments welcome)

[I’m going to ‘sticky’ this to the top of the blog for a couple of weeks to make sure everyone stopping by sees it. The links are to draft chapters of NNT’s major update to The Black Swan. He’s asked for comments, please consider posting your comments here.]

nntaleb: The return of Fat Tony http://www.fooledbyrandomness.com/FatTony1.pdf (comments welcome)

nntaleb: Fat Tony out-argues Socrates the Athenian, an argumentative man www.fooledbyrandomness.com/FatTony2.pdf (comnts welcome…but not abt typos)