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Original link provided by Taleb: http://www.fooledbyrandomness.com/EdSmith.pdf

Antifragile Book Review

Posted on

November 12th, 2012

Category

General

Foreign Policy has an article on their website with reflections from Nassim touching on Fragility/Antifragility, the stability of countries, city-states and decentralizing government, Lebanon, the European Union, and US deficits, titled Epiphanies from Nassim Nicholas Taleb.

Excerpt:

Nassim Nicholas Taleb has made a career of going against the grain, and he has been successful enough that the title of his book The Black Swan is a catchphrase for global unpredictability far beyond its Wall Street origins. Born in Lebanon, he weathered the first few years of the civil war in the late 1970s reading

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Nassim Taleb on ForeignPolicy.com

Posted on

October 23rd, 2012

Category

General, Writing

Just posted on Nassim’s Facebook Wall:

Nassim Nicholas Taleb Looks like a preview of what to expect from the economics and econophaster establishment. Davies is the gentleman there; others have not even given a simple thougth to model error and which domains are affected by it. But asking people to explain insults can lead to pleasant surprises.

http://blogs.reuters.com/felix-salmon/2012/10/19/when-taleb-met-davies/

When Taleb met Davies:

This morning, Nassim Taleb returned to Twitter, posting one of the technical appendices to his new book. And immediately he got into a wonderfully wonky twitterfight/conversation with Daniel Davies.

I don’t pretend to understand all the

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Taleb vs Davies

Posted on

October 22nd, 2012

Category

General, Writing

Nassim has released the “Medicine and Convexity (Antifragility), a summary (technical) sheet” on his Facebook Page.

Additional Notes For Antifragile. Note 1- Medicine and Convexity (Antifragility):

A brief explanation of nonlinearities as detection of risk in medicine (from antifragile), directly from mathematical necessities, or the ideas behind Antifragile.

Link (PDF): http://www.fooledbyrandomness.com/medconvex

 

Technical Notes for Antifragile: Medicine and Convexity (Antifragility)

Posted on

October 15th, 2012

Category

General, Writing

Nassim Taleb has linked to a new paper on his Facebook PageHow We Tend To Overestimate Powerlaw Tail Exponents

October 2012 In the presence of a layer of metaprobabilities (from metadistribution of the parameters), the asymptotic tail exponent corresponds to the lowest possible tail exponent regardless of its probability. The problem explains “Black Swan” effects, i.e., why measurements tend to chronically underestimate tail contributions, rather than merely deliver imprecise but unbiased estimates.

Link: http://www.fooledbyrandomness.com/minexponents.pdf

Nassim N. Taleb: How We Tend To Overestimate Powerlaw Tail Exponents

Posted on

October 3rd, 2012

Category

General, Writing

Nassim Taleb has shared a new paper in PDF form on his Facebook Page titled: How We Tend To Overestimate Powerlaw Tail Exponents

In the presence of a layer of metaprobabilities (from metadistribution of the parameters), the asymptotic tail exponent corresponds to the lowest possible tail exponent regardless of its probability. The problem explains “Black Swan” problems, i.e., why measurements tend to chronically underestimate tail effects, rather than merely deliver imprecise but unbiased estimates.

Link: http://www.fooledbyrandomness.com/minexponents.pdf

How We Tend To Overestimate Powerlaw Tail Exponents

Posted on

October 3rd, 2012

Category

General, Writing