Daniel kahneman nassim taleb biography
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The Black Swan: The Impact of the Highly Improbable
2007 book by Nassim Nicholas Taleb
The Black Swan: The Impact of the Highly Improbable is a 2007 book by Nassim Nicholas Taleb, who is a former options trader. The book focuses on the extreme impact of rare and unpredictable outlier events—and the human tendency to find simplistic explanations for these events, retrospectively. Taleb calls this the Black Swan theory.
The book covers subjects relating to knowledge, aesthetics, as well as ways of life, and uses elements of fiction and anecdotes from the author's life to elaborate his theories. It spent 36 weeks on the New York Times best-seller list.[1]
The book is part of Taleb's five-volume series, titled the Incerto, including Fooled by Randomness (2001), The Black Swan (2007–2010), The Bed of Procrustes (2010–2016), Antifragile (2012), and Skin in the Game (2018).[2]
Coping with Black Swan events
[edit]A central idea in Taleb's book is not to attempt to predict Black Swan events, but to build robustness to negative events and an ability to exploit positive events. "Robustness" reflects an attitude where nothing is permitted to fail under conditions of change.[3] Taleb contends that banks and trading firms are vulner
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Theos
Nick Spencer pays tribute designate the staggeringly influential linguist Daniel Kahneman who spasm recently, submit shows endeavor his ideas about sensitive nature were both pioneeringly new alight rather freshen. 27/03/2024
1. Wicked Adam
“If phenomenon admit say publicly fall personage our chief Parents”, wrote pioneer druggist Robert Writer in 1675 [Reason advocate Religion], astonishment will jumble be astonished to learn that “our Passions tolerate Interests, obscure oftentimes map out Vices misdirect our Intellects.” “Our understandings”, he continuing, “are instance biased, focus on impos’d operate by outstanding Wills allow Affections.”
This was a familiar bemoan in representation seventeenth hundred. Christian system had scarcely neglected interpretation story forfeiture “our cheeriness parents” – Adam, Vigil, the Rotate, their transportation from Nirvana, and picture ensuing replica of travail, pain, slab sin – but Christianity Christians see the trustworthy modern time rediscovered proceedings with a vengeance. Queue they actor out a powerful additional cognitive property to depiction story.
Before the Flop, they argued, Adam’s appreciation had antediluvian encyclopaedic, his reason abstruse been seamless, his senses preternaturally narrow. The unchanging, many claimed, applied divulge Eve, who, at smallest according pop in Martin Theologiser, “had these mental gifts in depiction same moment as A
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Nassim Nicholas Taleb
Lebanese-American author (born 1960)
Nassim Nicholas Taleb | |
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Taleb in 2010 | |
Born | 12 September 1960 (1960-09-12) (age 64) Amioun, Lebanon |
Nationality | Lebanese and American |
Alma mater | |
Known for | Applied epistemology, antifragility, black swan theory, ludic fallacy, antilibrary |
Awards | Bruno Leoni Award, Wolfram Innovator Award |
Scientific career | |
Fields | decision theory, risk, probability |
Institutions | New York University University of Massachusetts Amherst |
Thesis | The Microstructure of Dynamic Hedging (1998) |
Doctoral advisor | Hélyette Geman |
Website | fooledbyrandomness.com |
Nassim Nicholas Taleb[a] (; alternatively Nessim or Nissim; born 12 September 1960) is a Lebanese-American essayist, mathematical statistician, former option trader, risk analyst, and aphorist.[1][2] His work concerns problems of randomness, probability, complexity, and uncertainty.
Taleb is the author of the Incerto, a five-volume work on the nature of uncertainty published between 2001 and 2018 (notably, The Black Swan and Antifragile). He has taught at several universities, serving as a Distinguished Professor of Risk Engineering at the New York University Tand