Stephany Aulenback, Author at Nassim Taleb

On twitter, Nassim announced that he finally submitted a paper to a journal that specializes in information theory. You can view the paper, called “Tail Risk Constraints and Maximum Entropy” and co-authored by Donald Geman and Helyette Geman, here.

Nassim and Paul Wilmott Offer 2-Day Seminar in London, March 12-13

On March 9, 2015 By Stephany Aulenback In Academic

Nassim and Paul Wilmott are offering their “infamous” two-day seminar “Quantitative Risk Management: In Theory and In Practice” on March 12th and 13th, in London. Here are the points that will be addressed:

What is risk?
What are fat tails?
The idea of fragility and how to measure it
Size and scaling
The law of large numbers in the real world
What is complexity?
How to price options using different distributions
How to simulate fat tails
How to measure model risk
How not to measure model risk
Sometimes it’s wrong to use probabilities
The concept of delta-alpha
The commonest quant mistakes
The Greeks that give you false hope
Why calibration does not work
The dangers of correlation
The importance of nonlinearity
Volatility nonsense
What commonsense tells you about volatility, and turning that into a model
Why simple models are often the best and why too much math can be dangerous
A summary of what to do and where the real world is different

To register, please visit the Wilmott Forums.

Nassim At the Jaipur Literary Festival

On February 2, 2015 By Stephany Aulenback In Videos

Nassim, introduced by Abhimanyu Radhakrishnan, gives a talk called “Black Swan: The Impact of the Highly Improbable” at the Jaipur Literary Festival.

What the Black Swan Problem Is and Is Not

On January 31, 2015 By Stephany Aulenback In Academic, Writing

Nassim shares Chapter 1 of his work-in-progress, Silent Risk, which explains what the Black Swan problem is and is not. He comments that it is “still incomplete, but useful.”

From his Facebook Page.

Nassim Attempts to Uberize Publishing with Descartes Monographs

On January 24, 2015 By Stephany Aulenback In Academic, Writing

Nassim shares his latest monograph (co-authored by Raphael Douady) and introduces his new venture in publishing at the same time:

Descartes Monographs accept only manuscripts that have been rigorously peer-
reviewed or contain material that has appeared in peer-reviewed journals or has
been sufficiently cited to merit inclusion in the series. Its aim is to “Überize”
academic publishing by cutting the middleperson and producing books of the
highest scientific quality at the most affordable price. Descartes engages in ethical
publishing, avoiding double-charging the public sector for books produced on
university time.

From his Facebook Page.

Nassim Has War of Words With NYTimes Journo Over GMOs

On September 20, 2014 By Stephany Aulenback In General

Nassim recently got into a battle on Twitter with Josh Barro, a journalist for The New York Times, after Barro took aim at people who “think GMOs are bad.” Business Insider has screenshots of the action.