Thursday, February 12, 2009

Nassim Taleb Explains The "Black Swan"

Even if you don't agree with it, it is an interesting video.

Nassim Nicholas Taleb, essayist and former mathematical trader, is Distinguished Professor of Risk Engineering at New York University’s Polytechnic Institute, explains the "Black Swan" quite in detail, while arguing with Daniel Kahneman, Eugene Higgins Professor of Psychology, Princeton University, and Professor of Public Affairs, Woodrow Wilson School of Public and International Affairs. He is winner of the 2002 Nobel Prize in Economic Sciences for his pioneering work integrating insights from psychological research into economic science, especially concerning human judgment and decision-making under uncertainty.

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