
Statistical Consequences of Fat Tails
Real World Preasymptotics, Epistemology, and Applications
.org (UNOFFICIAL news site)
Statistical Consequences of Fat Tails
Real World Preasymptotics, Epistemology, and Applications
When someone tells you it was a 10 sigma event, meaning it is 10 standard deviations and it is Gaussian; unless the information came from God, you can reject the Gaussian distribution for that domain. We show the derivations.
This is extracted from my book.
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Nassim Nicholas Taleb, scientific adviser at Universa Investments, discusses risks facing financial markets, U.S. monetary policy and his concerns about deficits with Bloomberg’s Erik Schatzker at the SALT Conference in Las Vegas on “Bloomberg Markets: The Close.” (Source: Bloomberg)
Link to video – https://www.bloomberg.com/n…
Nassim’s Lecture is titled Fractal Localism: On the scale and dynamics of bottom-up societies (conversation with Branko Milanovic)
5-7 April 2019
Belgrade at the Kolarac Concert Hall
…Link to more details
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