Nassim Nicholas Taleb - What is a "Black Swan?"
Loading...
Uploaded by ForaTv on Mar 24, 2008
Complete video at: http://fora.tv/2008/02/04/Future_Has_Always_Been_Crazier_Than_We_Thought
Author Nassim Nicholas Taleb discusses the central theme of his bestselling book, "The Black Swan: The Impact of the Highly Improbable."
-----
The Future Has Always Been Crazier Than We Thought with Nassim Nicholas Taleb.
Author Nassim Nicholas Taleb discusses his book, The Black Swan in relation to predicting the future, learning from the consequences of the unknown, and the power of randomness.
Nassim Nicholas Taleb is an essayist, belletrist, and researcher only interested in one single topic, chance (particularly extreme and rare events, the "Black Swans" i.e. outliers); but it falls at the intersection of philosophy/epistemology (skepticism; knowledge about the dynamics of history; inferential claims), philosophy/ethics (stoicism facing random events; theories of nonhedonic happiness), mathematical sciences (probability theory, statistical physics), social science/finance (opacity & incomplete information in economics), and cognitive science (the mental biases making us "fooled" by randomness). He mainly derives his intuitions from a 2-decade long and intense practice of derivatives trading ("nondull" activities with plenty of randomness).
Taleb is currently a researcher at London Business School. He the Deans Professor in the Sciences of Uncertainty University of Massachusetts at Amherst, Fellow in Mathematics in Finance, Adjunct Professor of Mathematics at the Courant Institute of Mathematical Sciences of New York University (since 1999), and research fellow, Wharton School Financial Institutions Center, and Chairman, Empirica LLC.
Taleb held senior trading positions with trading houses in New York and London and operated as a floor trader before founding Empirica LLC. His degrees include an MBA from the Wharton School and a Ph.D. from the University of Paris. He is the author of Dynamic Hedging, Fooled by Randomness, and The Black Swan.
- 159 likes, 12 dislikes
-
Link to this comment:
Video Responses
- 1:38The Future of Technology in 90 Secondsby ForaTv2,029 views
- 2:26Online Marketing: Google's Zero Moment of Truthby ForaTv505 views
- 2:49Carl Levin: Tax fairness "front and center" wit...by ForaTv610 views
- 2:59US defense budget: Sound, but sequestration "a ...by ForaTv413 views
- 1:31Black swan - perfectby TheEggIn149,274 views
- 0:25Ben Bernanke On the Black Swan Theoryby wworldp17,742 views
- 10:10Nassim Taleb and Systemic Riskby nydivide4,893 views
- 10:00Roubini and Taleb discuss the crisisby volgaone55,193 views
- 10:16Benoit Mandelbrot thinks we're all screwedby dogshu123,836 views
- 9:23Nassim Nicholas Taleb at Harvard University on ...by neuromeme10,737 views
- 9:56Nassim Nicholas Taleb, PART 1. THE BLACK SWAN,...by lockk97,883 views
- 6:58Nassim Taleb - Fooled by Randomness and Black S...by Moneyweb14,439 views
- 9:51Disruptive Innovation - Clayton Christensen (Pa...by modplanman26,373 views
- 5:14Sam Harris: MSNBCby worldinformant19,731 views
- 5:32Nassim Nicholas Taleb on CNBCby joetaxpayer212,087 views
- 4:37The Black Swan by Nassim Nicholas Talebby tothinkishuman7,752 views
- 10:13Nassim Nicholas Taleb, PART 2, THE BLACK SWAN, ...by lockk92,296 views
- 4:48Thom Yorke - Black Swanby jphoney851,353,155 views
- 3:26Nassim Nicholas Taleb at Harvard University, pa...by neuromeme2,787 views
@Inoitspointless hahahhahahaha oh man, you made my day, cheeers!
gsvkck 4 months ago
Is this guy better than the typical pop author when it comes to the economy? I liked his book,good writer,I'm always skeptical of these popular paperback intellectuals and their simplified models of the world.
PtAltmVansanTarr 6 months ago
Am I the only one who was sent by MLIA?
guitargodess101 7 months ago
A shot a W shows how dumb this guy is because W and Obama are the same exact person. Besides W couldn't be too stupid, he rob the USA of 2 trillion dollars.
Pfsif 8 months ago
This guy lost me as soon as he made his "George Bush" comment. Does he really think that impresses people? Does he think that making that snide, sneering comment enhances his standing? When I hear so-called "intellects" make comments like that I realize this class of person can be just as small-minded, just as provincial as the people they look down on A person can be an "intellect" and stupid simultaneously.
de0den 10 months ago
I rly wonder what the limits are to a Black Swan, was the Black Death a black swan?, i would assume so, am gona get the book and hope to get more insight on this. where lay the boundries, how big does the impact have to be. And I will definatly assume, that Japan atm, the tsunami etc, is a black swan.
BlackLoveSwan 10 months ago
He sounds out of breath. It makes me out of breath listening to him...
Pingvinmus 11 months ago
@rmeddy1 Almost done with his book now.
natedaug1 1 year ago
@shantih433 I prefer the sober way of thinking like Taleb. McKenna was an attractive speecher. Taleb is not so outspoken more precise. Maybe for most of the (young) people boring. But his knowing as philosopher is more substantial and reliable. Comparing with sceptic Taleb is 'poet' McKenna a wild one. Yes, Terence was a real child of the sixties. Immigrant Taleb is a bright outsider.
"Regular minds find simularities in stories (and situations) finer detect differences" Aphorisms page 52
Contextcatcher 1 year ago
@Contextcatcher I like him as a philosopher and psychonaut. I think he's incredibly inspiring when talking about the human condition. He just loses me when he talks about aliens and 2012. I'm still not sure if he was just using it as a thought experiment (like Robert Anton Wilson with conspiracy theories) or if he was actually serious. Interesting stuff anyway.
shantih433 1 year ago