Video used by prof. V.Inglezakis, at Safety Engineering and Risk Management Lectures at Nazarbayev University
Author Nassim Nicholas Taleb discusses the central theme of his
bestselling book, "The Black Swan: The Impact of the Highly Improbable."
-----
The Future Has Always Been Crazier Than We Thought with Nassim Nicholas Taleb.
Author
Nassim Nicholas Taleb discusses his book, The Black Swan in relation to
predicting the future, learning from the consequences of the unknown,
and the power of randomness.
Nassim Nicholas Taleb is an
essayist, belletrist, and researcher only interested in one single
topic, chance (particularly extreme and rare events, the "Black Swans"
i.e. outliers); but it falls at the intersection of
philosophy/epistemology (skepticism; knowledge about the dynamics of
history; inferential claims), philosophy/ethics (stoicism facing random
events; theories of nonhedonic happiness), mathematical sciences
(probability theory, statistical physics), social science/finance
(opacity & incomplete information in economics), and cognitive
science (the mental biases making us "fooled" by randomness). He mainly
derives his intuitions from a 2-decade long and intense practice of
derivatives trading ("nondull" activities with plenty of randomness).
Taleb
is currently a researcher at London Business School. He the Dean’s
Professor in the Sciences of Uncertainty University of Massachusetts at
Amherst, Fellow in Mathematics in Finance, Adjunct Professor of
Mathematics at the Courant Institute of Mathematical Sciences of New
York University (since 1999), and research fellow, Wharton School
Financial Institutions Center, and Chairman, Empirica LLC.
Taleb
held senior trading positions with trading houses in New York and London
and operated as a floor trader before founding Empirica LLC. His
degrees include an MBA from the Wharton School and a Ph.D. from the
University of Paris. He is the author of Dynamic Hedging, Fooled by
Randomness, and The Black Swan.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
