A quick tutorial introducing the idea of Fat Tails in about 8 minutes, as simply as possible. Fat Tails make us understand the world much less than we think; they make much of the quantitative results in social “science” anecdotal (or worse, negative information).

The main (more complicated) text is at http://www.fooledbyrandomness.com/FatTails.html

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Taleb’s MOOCs | Mini Tutorial 1, Fat Tails Simplified in 8 1/2 minutes

Posted on

August 10th, 2013


MOOCs, Videos