taleb

Nassim Nicholas Taleb: Before Europeans discovered Australia, we had no reason to believe that swans could be any other color but white.

Nassim Taleb and a few other finance scholars stressed the risk of fat-tail extreme events in financial markets.

At its simplest, a Taleb distribution has a high probability of a modest gain and a low probability of huge losses in any period.

In his bestseller The Black Swan, Nassim Nicholas Taleb, an expert in mathematical finance, calls extreme events of this kind black swans.

As Nassim Nicholas Taleb says in his witty introduction to the book, giving someone the wrong map is worse than giving them no map at all.

CIC didn't respond to a request for comment. Mr. Taleb said he couldn't discuss Universa client talks.

A further implication of Mr Taleb's view would be that capitalism needs to run at a much lower level of risk and return.

Taleb is a vastly entertaining writer, with wit, irreverence, and unusual stories to tell.

Nassim Nicholas Taleb: I don't like scenario planning, because people don't think out of the box.

Just after Taleb published his book, the financial crisis unfolded and banks collapsed in a once-unimaginable way.

"France will remain number one, " the secretary-general of the Madrid-based body, Taleb Rifai, told a news conference on Thursday.

According to Nassim Nicholas Taleb, an author and investor, HFT "magnifies changes and ultimately makes the system weaker" .

For it seems likely that, no matter how hard observers such as Triana and Taleb try to demolish it, mathematical finance is not going away.

But Taleb argues that by their very nature, "Black swan" events lie outside of normal experience and up-end traditional assumptions.

The secretary-general of the World Tourism Organisation, Taleb Rifai, also weighed into the issue last week.

investors can be "fooled by randomness" to use the phrase of Nassim Taleb, an author.

Spitznagel and Taleb don't have an opinion about the near-term direction of the markets or economy.

Philosopher and hedge fund adviser Nassim Taleb admitted recently to being bored with Wall Street.

The scholar, trader, and author Nassim Nicholas Taleb brings a decidedly contrarian view to the world of finance, statistics, and risk.

Nassim Nicholas Taleb calls such unlikely events 'black swans. '

This process is the topic of Nassim Nicholas Taleb's book "Fooled by Randomness. "

And, here, Nassim Taleb has interesting points to make.

Models "increased risk exposure instead of limiting it" , says Mr Taleb.

Nassim Nicholas Taleb: I recommend two things.

This is Nassim Nicholas Taleb's message when he warns of "black swans" .

or, as Taleb puts it, create a "black swan-proof world" .

Taleb believes that our brains evolved to suit a world much simpler than the one we now face.

We are not totally helpless, though, Taleb says.

Nassim Nicholas Taleb: If risk doesn't cost you a lot, take all the risk you can.

Now, in this revelatory book, Taleb explains everything we know about what we don't know.

As investors, Messrs. Spitznagel and Taleb have a mixed track record.

Nassim Nicholas Taleb: I would tell people to learn more accounting, more computer science, more business history, more financial history.

and the good news, as Taleb says, is that there are practical steps that societies can take to become more robust.

A black-swan event, according to Mr. Taleb, is something that is extreme and highly unexpected.