.org (UNOFFICIAL news site)
In a “Squawk Box” interview, Taleb specifically pointed to the importance of coronavirus testing. While countries have improved their capacity since the early days of the Covid-19 outbreak, Taleb said there has been a failure to develop quick, efficient testing at a scale that can cut off chains of transmission early. It also has the least economic cost, he said.
Link to the interview: cnbc.com/2020/11/02/…
Conversation between Nassim Nicholas Taleb and Executive President of IE Exponential Learning at IE University, Teresa Martín-Retortillo at enlightED Virtual Edition 2020.
starts at 12:45 of the YouTube video.
Nassim Taleb’s Interview with George Buhnici of Cavaleria Com YouTube channel
This one of those videos that will definitely change your perspective on the world. Nassim Nicholas Taleb is one of the most pragmatic minds out there and I was honored to interview him. Enjoy!
Discussion with Dhruv Madeka of the paper: Election Pricing: a Martingale Approach and other related works.
Link to the Paper: Election Predictions as Martingales: An Arbitrage Approach
Fake Regression by Psychologists (Fooled by Randomness), Based on the paper on Trust by Nicolas Baumard
How to detect fake regressions. Never pay attention to numbers before looking at the graph.
First I show how to spot fakes in a sinister paper by Nicolas Baumard et. al. linking people’s physical traits to (un)trusworthiness.
Second, more technically, I derive the distribution of the slope between two random variables and show how one can game it.
Nassim Taleb, New York University distinguished professor of risk engineering, discusses what he sees as misconceptions about the coronavirus pandemic and comments on the Federal Reserve’s shift in monetary policy. He speaks with Bloomberg’s Erik Schatzker.
A continuation of Nassim and Yaneer’s regular conversation. In this video, they discuss:
1) The errors in ignoring scaling for pandemics. Why a doctor’s micro-expertise doesn’t transfer to collective risks?
2) How evidence-based medicine is closer to anecdote based medicine owing to silent risks?
3) The risks of morbidity must be accounted for.
4) How the dangers of vaccines do not scale.
Nassim Nicholas Taleb talks about the pandemic with EconTalk host Russ Roberts. Topics discussed include how to handle the rest of this pandemic and the next one, the power of the mask, geronticide, and soul in the game.
Link to Podcast – econtalk.org/nassim-nicholas-taleb-on-the-pandemic/
Direct Link (mp3): Talebpandemic.mp3
You can get English subtitles by:
Step 1. Click on Settings (gear icon), Subtitles/CC and select French (auto-generated).
Step 2. Go to Settings again, Subtitles/CC and then select Auto-translate and then select English.
It should then show as “Subtitles/CC (2) French (auto-generated) >> English“
Modern financial theory assumes that distributions are elliptical. We show what happens if the assumption doesn’t hold. And the assumption doesn’t hold.
Diversification does NOT reduce risks in the financial market; it causes near-certain long term blowups under any leverage.