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. fooled by randomness. com/ FatTails. html
Category: MOOCs
Taleb’s MOOCs | A General Definition of Fragility (Note #2)
A definition of fragility from Part V of Antifragile by Nassim Nicholas Taleb and technical papers. This is simplified.
Taleb’s MOOCs | Antifragility and Dose-Response in Nature (Note #1)
This starts a series of micro Moocs. The aim is an intuitive discussion of technical points in Nassim Nicholas Taleb’s Antifragile. Sort of Video footnotes.