Nassim recently did a short opinion piece in the The New York Times Room for Debate area titled Throw Out the Probability Models (April 2012).

It covers his typical Black Swan message that we cannot predict these certain class of rare but consequential events and so we need to become robust to them rather then relying on forecasts. The economic models that we use to calculate the probability of these rare events needs to go out the window.

“What goes out of the window? The entire discipline of modern finance and

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NYT: Throw Out the Probability Models

Posted on

April 2nd, 2012

Category

Writing

Nassim gave this talk in April 2012 and if I am not mistaken it was the first official public introduction of the concept of Antifragile, however at the time Nassim had planned to call the book “Antifragility” and later changed it due to concerns from the publisher.

I love the introduction, asking the audience for the opposite of fragile. I have heard him do this a number of times when he first started introducing the idea, and everybody always says “robust”. The issue is now as the idea enters the common discourse he can no

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[VIDEO] Woodrow Wilson School (Princeton) — Economic Recovery: Perils, Politics, and Possibilities

Posted on

April 1st, 2012

Category

General, Videos

The Predictability of Unpredictability from The RSA on Vimeo.

Renowned academic and author Nassim Nicholas Taleb discusses his groundbreaking ideas and their relevance to the current economic crisis, national policy making and other topics with Rohan Silva, senior policy advisor to the Prime Minister.

Watch on YouTube | Audio Download | Video Download | Nassim’s Presentation (PDF) | Nassim Nicholas Taleb’s Biography on RSA

[VIDEO] RSA: The Predictability of Unpredictability

Posted on

December 1st, 2011

Category

Audio, Videos

At the The Deloitte Innovation Growth Track program in January 2011 employees were given the opportunity to ask Nassim Taleb some questions. The program in the Netherlands, covered eight sessions on different topics with speakers specialising in these themes.

1) ‘If Black Swans happen more today than we think, why is man so poorly adapted to rare and improbable events?’

2) ‘What has been the largest Golden Swan in 2010?’

3) ‘How can we assist out clients in identifying their own Black Swans?’

Deloitte Innovation Growth Track: Three Questions to Nassim Taleb

Posted on

January 6th, 2011

Category

Videos

Michael Elliot interviews Nassim for TIME Magazine back in December 2010 for the release of his book The Bed of Procrustes.

Questions: You’re a trader and a very successful one, do you think the sensationalized stock-market programming offered by the likes of CNBC and others has affected investor behaviour and market efficiency? (Toby Whitby, Houston) You warned us about the financial crisis, and your prediction was right. Can you foresee any other crisis that will happen in the near future? (John Hughes, Woodinville, Wash) Black-swan events are generally extreme outliers. Is it possible to profit

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10 Questions for Nassim Taleb from TIME Magazine

Posted on

December 3rd, 2010

Category

Videos

Nassim Taleb Speaks to a Clueless Congress (Part 1 of 2)

Nassim Taleb Speaks to a Clueless Congress (Part 2 of 2)

Taleb tries to inform a group of economically ignorant legislators. Congress is completely clueless in regards to simple concepts such as “risk”. Taleb mentions that our society is “over-financialized” because debt to GDP has grown to unsustainable levels and that our children and grandchildren will be punished for the foolish risks that government has taken with deficit spending, drastically increasing public debt, and central

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Nassim Taleb speaks to Congress on Value at Risk (VaR)

Posted on

June 1st, 2010

Category

Videos

Nassim was the feature speaker at ai5000’s Chief Investment Officer Summit in New York (May 2010). The summit had more than $1 trillion in pension, endowment, foundation, and insurance fund assets under management represented at the event. The following videos are from a Q&A with him (before) the event.

 

The most important issues for Chief Investment Officers (CIOs)

Summary Be over insured, have as low leverage as you can. Change your way of thinking by adopting at your core a defensive strategy. Don’t be

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ai5000 Interviews Nassim Taleb

Posted on

May 20th, 2010

Category

Videos

Transcript:

Presenter: Show of hands, who thinks this will be repeated? Why is that?

Nassim Taleb: Can I tell you what’s happening? This happened in the past, it keeps repeating itself. We keep bailing them out. The only way this will not be repeated this if you have punishment. The only place in which you had punishment is here switzerland, they went back and clawed back the bonuses. Until we do that we will always live under moral hazard from banks.

Presenter: So the leaders who were in charge taking on that risk, selling

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Nassim Taleb at Davos (2009)

Posted on

January 1st, 2009

Category

Videos