I havent read the Black Swan yet..guess it is time to pick up the book! We live in a complex system that delivers extreme deviations. Current risk management and economic analyses methods fail us in such a system because of low predictability. What should we do in such an environment? At the IMD OWP 2010, Nassim Nicholas Taleb will present simple rules (lower leverage, less reliance on deficit spending, less mathematical risk management) for a black swan robust economic system.
"We have more problems today." "I'm warning against a lack of understanding of the disease, the disease is there." "Sometimes you see patients doing very well, and they have cancer."
If it's not absolutely obvious, you've all been warned.
Keep up the good work Nassim!!
TOC359 5 months ago
I havent read the Black Swan yet..guess it is time to pick up the book! We live in a complex system that delivers extreme deviations. Current risk management and economic analyses methods fail us in such a system because of low predictability. What should we do in such an environment? At the IMD OWP 2010, Nassim Nicholas Taleb will present simple rules (lower leverage, less reliance on deficit spending, less mathematical risk management) for a black swan robust economic system.
IMD 1 year ago
Roubini is a publicity hungry whore who is a pervert in real life and is a piece of shit.
Taleb is once in a lifetime genius and knows what he's talking about.
mizzougoldenboy 2 years ago 4
"We have more problems today." "I'm warning against a lack of understanding of the disease, the disease is there." "Sometimes you see patients doing very well, and they have cancer."
If it's not absolutely obvious, you've all been warned.
vcdrob 2 years ago 4
Kinda reminds me of Ron Paul. Taleb that is.
wolfhybred 2 years ago 2
roubini is academic/mouthpiece. taleb could actually fix the problem.
bdc03 2 years ago 4