10 Questions for Nassim Taleb


The Black Swan author’s latest, The Bed of Procrustes, is a book of aphorisms. Nassim Taleb will now take your questions.

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    There Are 8 Responses So Far. »

    1. We unfortunately as a society (western civilization) haven’t learned anything from this global shock and consequent crisis. Powerful people form WS, City and their respective regulatory agencies, bought politicians still do not have any incentive to change anything. So, business as usual will continue, accumulating additional risks in the global system burdened with over-debtness until next (even bigger) global shock or a cascade of locally/regionally devastating shocks. It’s sad but true.

    2. I believe Black Swan refers to an apparently unlikely event that the ‘status quo’ does not foresee. There will always be individuals who will see things more clearly, such as Taleb and others who foresaw the meltdown.

    3. Your definition of black swan is wrong. Black swans are completely unforeseeable, but appear to have been foreseeable with hindsight.

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    6. @sal0212 Mr. T., pity the fool. Got it, but it took almost a minute. Ok, next time it will be N.T., or Nassim.

    7. @DCWhatthe
      i pitty the fool
      v

    8. Hey, Mr. T. – How come Procrustes isn’t available in electronic form, other than Kindle?

      Looking forward to getting the book, but really can’t wait for your thoughts and research on tinkering.

      NT’s point about us acting like we’re necessary, yes is one of our arrogant biases.

      Is nature always smarter? I don’t see that it ALWAYS is, only that we are often wrong and often should have left things alone (eg letting financial institutions that failed us, fall by the wayside.)

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