Nassim Nicholas Taleb
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@asbte You miss the point. Burning yourself with fire will not render the planet uninhabitable.
copedotsupdupdotorg 1 year ago
I have tremendous respect for the man! 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
"Does anyone know where to find his investment performance number?"
hehehe
ArcaneKarma 2 years ago
very interesting!
Veetina 3 years ago
This comment has received too many negative votes show
This guy just likes hearing himself talk. Boring. Same stuff over and over and over
asbte 3 years ago
We don't understand this fire thing better no ever try to start it again. Poorly worded by Taleb. Does anyone know where to find his investment performance number. The dressing up bit is somewhat appealing but not particulalry intelligent. Taleb is not smart that his whole subliminal/unconscious point.Steven Cohen thats a smart guy. Just prints money and never says shit.
asbte 3 years ago
that is the smartest thing u can do with things u do not understand.
hnraghava 3 years ago
haha, sage advice from a sage mo-fo.
krist300 3 years ago
What he's saying is that complex systems behave in unpredictable ways when they're disturbed -- that concept is at the core of chaos theory. He gives an example of how when the UK Government saved Northern Rock, that it caused the near-failure of banks like Barclays and the Bank of Scotland.
spectator59 3 years ago 2
Saddam was dressed snappily when they hung him.
...great advice, I guess.
aluisious 3 years ago