Nassim made this presentation at the RiskMinds International Conference on December 7, 2016.
Nassim will present his first medical paper on antifragility on Monday, November 28 at the University of Pennsylvania School of Medicine. On Facebook, Nassim says that this is “basically, a more technical version of the book Antifragile.” He also adds “Note that this is not making any standalone empirical point, rather gluing various phenomena under the convexity argument, with necessary connections (if… then necessarily).”
The brokerage firm Alpari sponsors two seminars featuring Nassim, titled “Black Swan: predicting and winning in a world of chaos”, that will take place in Kiev, Ukraine on October 10th, and in Moscow on the 12th.
I presented the paper on violence. Bear Braumoeller presented another one similarly critical of Pinker. After our session, the audience was split into:
1) Those who thought that Pinker was wrong
2) Those who thought that Pinker was not even wrong (i.e. not worth discussing).
And the agreement was to not talk about his thesis any further. Further, the organizer was told by Pinker that he did not wish to rebut our papers.
Pinker builds his thesis on works by Richardson in a way that is NOT compatible with the way Richardson [which is compatible with our result] and without showing the derivations. This it turned out is a CRITICAL flaw. Words and words and the central point is pulled out of nowhere.
In our paper: “As we also find out in our data analysis, consistent with Richardson (1960), there is no sufficient evidence to reject the null hypothesis of a homogenous Poisson process, which denies the presence of any trend in the belligerence of humanity. Nevertheless, Pinker refers to some yet-unspecified mathematical model that could also support such a decline in violence, what he calls a “nonstationary” process, even if data look the way they look.”
Here is the full text of the non-technical paper:
Nassim discussed definitions of success and his own life journey in this commencement speech at the American University in Beirut. The full text of the speech, published on Nassim’s home page, is available below.
Along with a long list of global thought leaders, Nassim will be speaking at this year’s SALT Conference at the Bellagio in Las Vegas on the weekend of May 10-13th:
The SkyBridge Alternatives (SALT) Conference is committed to facilitating balanced discussions and debates on macro-economic trends, geo-political events and alternative investment opportunities within the context of a dynamic global economy. With thought leaders, public policy officials, business professionals and investors from over 42 countries and 6 continents, the SALT Conference provides an unmatched opportunity for attendees from around the world to connect with global leaders and network with industry peers.
SALT is produced by SkyBridge SALT, LLC, an affiliate of SkyBridge Capital, a global investment firm with approximately $12.6 billion in assets under management or advisement as of January 31, 2016. Unique and forward looking, SkyBridge Capital is a pioneer in the alternative asset management industry leading an evolution in the fund of funds space. SkyBridge has redefined the fund of funds investment model by developing a thematic and tactical multi-strategy investment approach to consistently generate attractive risk-adjusted returns. The firm’s investment strategy is enhanced by their unparalleled access to industry decision makers and global financial leaders – including money managers, economists and policy makers– whose insights are integral to shaping our global outlook and opportunity sets. The firm is headquartered in New York and also has a presence in Zürich, Switzerland and Seoul, South Korea.
Nassim kicks off The Bank of England’s One Bank Flagship Seminar, the first such seminar offered by the bank in an effort at greater transparency:
The first part of this talk – The Law of Large Numbers in the Real World – presents fat tails, defines them, and shows how the conventional statistics fail to operate in the real world, particularly with econometric variables, for two main reasons: 1) we need a lot, a lot more data for fat tails; and 2) we are going about estimators the wrong way. The second part – Detecting Fragility – presents heuristics to detect fragility in portfolios. Fragility is shown to be ‘anything that is harmed by volatility’. The good news is that while (tail) risk is not measurable, fragility is.
In this short video, Nassim speaks at the Lebanese Diaspora Energy event, a conference designed to strengthen the bonds between Lebanese residents and emigrants worldwide.
Nassim was interviewed by Bruce Oreck at the Tomorrow Conference in Finland in June.
As the keynote speaker for the 2015 Fletcher Political Risk Conference, Nassim spoke about Fat Tails.