Nassim Nicholas Taleb
Lebanese-American author (born 1960) / From Wikipedia, the free encyclopedia
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Nassim Nicholas Taleb[lower-alpha 1] (/ˈtɑːləb/; alternatively Nessim or Nissim; born 12 September 1960) is a Lebanese-American essayist, mathematical statistician, former option trader, risk analyst, and aphorist[1][2] whose work concerns problems of randomness, probability, and uncertainty.
Nassim Nicholas Taleb | |
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Taleb in 2010 | |
Born | 12 September 1960 (1960-09-12) (age 63) Amioun, Lebanon |
Nationality | Lebanese and American |
Alma mater |
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Known for | Applied epistemology, antifragility, black swan theory, ludic fallacy, antilibrary |
Awards | Bruno Leoni Award, Wolfram Innovator Award |
Scientific career | |
Fields | Decision theory, risk, probability |
Institutions | New York University Tandon School of Engineering, University of Massachusetts Amherst, Courant Institute of Mathematical Sciences |
Thesis | The Microstructure of Dynamic Hedging (1998) |
Doctoral advisor | Hélyette Geman |
Website | fooledbyrandomness |
Taleb is the author of the Incerto, a five-volume philosophical essay on uncertainty published between 2001 and 2018 (notably, The Black Swan and Antifragile). He has been a professor at several universities, serving as a Distinguished Professor of Risk Engineering at the New York University Tandon School of Engineering since September 2008.[3][4][5][6][7] He has been co-editor-in-chief of the academic journal Risk and Decision Analysis since September 2014. He has also been a practitioner of mathematical finance, a hedge fund manager, and a derivatives trader, and is currently listed as a scientific adviser at Universa Investments.[8] The Sunday Times called his 2007 book The Black Swan one of the 12 most influential books since World War II.[9]
Taleb criticized the risk management methods used by the finance industry and warned about financial crises, subsequently profiting from the late-2000s financial crisis.[10][11] He advocates what he calls a "black swan robust" society, meaning a society that can withstand difficult-to-predict events.[12] He proposes what he has termed "antifragility" in systems; that is, an ability to benefit and grow from a certain class of random events, errors, and volatility,[13][14] as well as "convex tinkering" as a method of scientific discovery, by which he means that decentralized experimentation outperforms directed research.[15][16]
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