The book Statistical Consequences of Fat Tails: Real World Preasymptotics, Epistemology, and Applications is finally on Amazon

Cover of Nassim's book

The book Statistical Consequences of Fat Tails: Real World Preasymptotics, Epistemology, and Applications is finally on Amazon. Click Here.

PDF freely available here – Nassim Nicholas Taleb (2020). Statistical Consequences of Fat Tails: Real World Preasymptotics, Epistemology, and Applications. RESEARCHERS.ONE, https://www.researchers.one/article/2020-01-21.

Uncertainty, Certainty and what to do when there is Systemic Risk

Third conversation between Nassim Nicholas Taleb & Yaneer Bar-Yam about uncertainty, certainty and what to do when there is a systemic risk; what not to do when a truck is headed your way. How acting early would have cost less? They also discuss:

  • John Ioannidis recent post “we are making decisions without reliable data”
  • Why we should make decisions without reliable data & use precautionary principles
  • How the costs would be so much smaller if we would have acted earlier.

Jan 26 Coronavirus Paper (PDF) – Joseph Norman, Yaneer Bar-Yam, and Nassim Nicholas Taleb, Systemic risk of pandemic via novel pathogens – Coronavirus: A note, New England Complex Systems Institute (January 26, 2020).

Note: If viewing this as an email please click through to the post to view content.

Taleb around the Web

» Property Soul, Notes from a Singapore property investor writes Six reasons why property is not an antifragile investment after meeting Nassim at his recent talk there.

» Zero Hedge talks Antifragility on Prepared? When Ebola hits your town you will want to be antifragile.

» Nouriel Roubini on CNBC reveals his black swan scenarios.

» Business Insider names Nassim one of The 25 Most Successful Wharton Business School Graduates.

» Antifragility explored when applied to raising children on Why Parents Inadvertently Hinder The Success Of Their Children on Forbes.

» Lorin Hochstein discusses the fragile side of cloud software concluding the “future of cloud software is systems that fail much less often, but much harder” on Cloud software, fragility and Air France 447.

Got any other links? Let us know in the comments!