Streams

Black Swan

Friday, May 21, 2010

Nassim Nicholas Taleb, former hedge fund advisor, professor, and author of the best-selling book The Black Swan: The Impact of the Highly Improbable (Random House Trade Paperbacks; 2 edition, 2010), continues his exploration of randomness and the unpredictability of markets with the new edition of his book. Will the new financial reform bill help predict the next "Black Swan"?

Event: Nassim Nicholas Taleb appears at the Union Square Barnes and Noble Monday at 7 p.m. to discuss the new edition of his book. More information here.

Guests:

Nassim Nicholas Taleb

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Comments [8]

they never corrected the typo. the book is called the black swan not the black black swan. i hope the author doesn't get upset about this!

May. 21 2010 11:48 AM
greg from east coast

History is filled with bubbles and busts- they arise form a confluence of three factors- uniformity of values and rules, strong interconnectedness of the players, and fast communication of "information". Remove or reduce any of these three factors, and the bubble never inflates. See this article for more details--

http://www.genuineideas.com/ArticlesIndex/cusp.htm

May. 21 2010 11:30 AM
Jenifer from Brooklyn

Finally, a real economist, not a partisan editorial writer like Krugman!!!!!! It's great to get real information for a change. Thank you!

May. 21 2010 11:19 AM
Edward from NJ

If there's such a total collapse that all stocks and government bonds are unsafe, would there be any safe investment? Canned goods, perhaps?

May. 21 2010 11:16 AM
Dorothy from NYC

I read a portion of his book.

Impossible to predict that people who finance a house that they can't afford will default on the loan payments? Impossible to predict that people will be greedy? I think not.

May. 21 2010 11:15 AM

8.23 :market opens at 9.30?!?! i won't be taking advice from someone who doesn't know that.

May. 21 2010 10:31 AM
adsf

(point being, markets are often predictable...what they are not is rational.)

May. 21 2010 08:36 AM
8:23 am

When the bell rings @ 9: SELL!

May. 21 2010 08:33 AM

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