Tag Archive

TEN PRINCIPLES FOR A BLACK-SWAN-ROBUST WORLD

By Cygnus Atratus

In his “Ten Principles for a Black Swan-robust world”, NassimNicholas Taleb is on the ramparts assuming an activist role in urging us “to move voluntarily into Capitalism 2.0 by helping what needs to be broken break on its own, converting debt into equity, marginalising the economics and business school establishments, shutting down the ‘Nobel’... »

A conversation between Daniel Kahneman and Nassim Taleb

By Cygnus Atratus

Daniel Kahneman and Nassim Nicholas Taleb continue a conversation that has been ongoing since 2005(!) about all things economic and psychological. Of course the events of the last few months dominate the discourse, but what’s interesting here is the psychological angle that Kahneman brings to the table. Kahneman has come to be regarded as one... »

Interview with Benoit Mandelbrot and Nassim Nicholas Taleb

By Cygnus Atratus

Before I post Nano’s request for the “Money as Debt” video I thought you might like a little commentary from two men who were among the few to predict this current financial clusterfuck. Benoit Mandlebrot and Nassim Nicholas Taleb gave this interview in October 2008, just as things were heading south in an alarming fashion. The... »

Next week I’ll be mostly reading about Nassim Nicholas Taleb

By Cygnus Atratus

  Nassim Nicholas Taleb has made a lot of money from the stock markets in the past, being accredited with developing sophisticated financial instruments known as derivatives. He has also made a lot of money in the wake of the recent financial meltdown. Taleb also uses the “Black Swan” event to demonstrate how we fool... »