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Monday, December 3, 2012

Nassim Nicholas Taleb on Risk


Our risk machinery is designed to run away from tigers; it is not designed for the information-laden modern world.


As quoted in "A Talk with Nassim Nicholas Taleb," Edge (2004). Nassim Nicholas Taleb (1960-) is a Lebanese American essayist and scholar whose work focuses on problems of randomness, probability and uncertainty. His 2007 book "The Black Swan" was described in a review by Sunday Times as one of the twelve most influential books since World War II.

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