Author name: TransistorZero

Nassim Nicholas Taleb (Scholar) (Sep 2017)

Fat tails, fragility, and ergodicity challenge traditional statistical models and risk management approaches, necessitating more robust methods to understand and manage risk in the face of extreme events. To address these challenges, multidisciplinary insights from finance, philosophy, and science are crucial for developing resilient systems and strategies that can withstand unpredictable occurrences.

Nassim Nicholas Taleb (Scholar) (Sep 2017) Read More »