Category Archive

In his book – Fooled by Randomness, Nassim Nicholas Taleb discusses how success can easily by attributed to luck, and introduces the Monte Carlo engine to simulate purely random situations, avoiding conventional methods of attribute analysis. By generating artificial scenarios with known attributes, the Monte Carlo engine can demonstrate outcomes … Read More

In this interview at the AIM Summit, Nassim Nicholas Taleb provides 5 key investing lessons: Stay Within Your Expertise: Taleb emphasizes the importance of sticking to your professional expertise. If you are not a finance professional, avoid trying to make money through investments beyond your understanding. Instead, focus on excelling … Read More

In his latest presentation, N N Taleb discusses the link between misinformation and fooled by randomness. Here’s an excerpt from the presentation: Taleb: I’m gonna talk about disinformation and the link to fooled by randomness. It’s the same mechanism that makes you the victim of… the illusion of knowledge you … Read More

In his book Fooled By Randomness, Nassim Nicholas Taleb discusses how most successes come from taking action during windows of opportunity. Here’s an excerpt from the book: Let me make it clear here: Of course chance favors the prepared! Hard work, showing up on time, wearing a clean (preferably white) … Read More

In his book – Skin In The Game, Nassim Taleb discusses the importance of having skin in the game, particularly as it relates to investing. Here’s an excerpt from the book: Let us return to pathemata mathemata (learning through pain) and consider its reverse: learning through thrills and pleasure. People … Read More

In his recent conversation with Stephen Wolfram at the Wolfram Summer School 2021, Nassim Taleb discussed how connectivity has created the winner-take-all effect. Here’s an excerpt from the conversation: Okay the difference that we have today is that the tails are more important and let me explain how that happened, … Read More

In the latest episode of his excellent mini-series, Nassim Nicholas Taleb discusses an introductory lesson on fat-tails using the example of Bill Gates, Warren Buffett, or Jeff Bezos compared to the global population. Here’s an excerpt from the episode: Welcome back to the series on statistics and probability, especially probability. … Read More

In his book – Skin In The Game, Nassim Nicholas Taleb shares an interesting story that highlights what he means by having skin in the game as it relates to the world of finance and investing. Here’s an excerpt from the book: I went on television once to announce a … Read More

In a recent interview with RT, Nassim Taleb discussed how we can navigate through the uncertainty into a post-pandemic future. During the interview Taleb provided some great insights into how a number of entrepreneurs are making lemonade out of lemons during this period of uncertainty saying: NT: Let me tell you … Read More

Here’s an article from Bloomberg which reports that a tail-risk fund advised by Nassim Taleb returned a staggering 3,612% in March. Here’s an excerpt from the article: A tail-risk hedge fund advised by Nassim Taleb, author of “The Black Swan,” returned 3,612% in March, paying off massively for clients who … Read More

Here’s a great short interview with Nassim Taleb on Bloomberg in which he discusses the Coronavirus as being a ‘White Swan’ not a ‘Black Swan’ event, as well as his thoughts on bailing out companies that spent their cash and took on debt over those that had a cautious attitude. … Read More

Here’s a great little video by Nassim Nicholas Taleb and Yaneer Bar-Yam discussing the overreaction to the Coronavirus and why its better to panic early. Here’s an excerpt from the discussion: You and I to conclude…You and I would rather be blamed for overreacting. That’s right. Okay, I want to … Read More

Here is Nassim Nicholas Taleb being interviewed about his book Skin in the Game, by author and journalist Katrine Marçal. He explains the concepts of Skin in the Game and Soul in the Game. He also talks about rationality and honour. Taleb is not a fan of economists Paul Krugman, … Read More