Nassim Nicholas Taleb je autorom monumentálnej eseje „Incerto“, ktorá sa zaoberá nepriehľadnosťou, šťastím, neistotou a rozhodovaním vo svete, ktorému nerozumieme. Ako bývalý kvantitatívny obchodník a súčasný výskumník sa hlboko venuje praktickým problémom pravdepodobnosti a rizika. Jeho dielo, napísané formou osobnej eseje s autobiografickými prvkami, príbehmi a filozofickými úvahami, ponúka jedinečný pohľad na komplexnosť moderného života. Taleb sa sústredí na systémy, ktoré dokážu profitovať z chaosu a nepredvídateľnosti.
Nassim Taleb je bez pochyby jedným z najväčších mysliteľov 21. storočia. Jeho prvý bestseller „Čierna labuť“ ukázal, ako silný vplyv môžu mať na naše životy neočakávané udalosti. Vo svojom druhom bestselleri „Antifragile“ zachádza ešte o mnoho ďalej, keď predstavuje podstatu nestálosti sveta. Na mnohých príkladoch z reálneho života ukazuje, ako budujeme svet, ktorý sa stáva stále krehkejší a náchylnejší k turbulenciám. Pritom by sme sa mali snažiť o pravý opak, poučiť sa z prírody a byť antikrehký – profitovať z nepoznaného a neistého. Profitovať z toho, aký svet v skutočnosti je.
Everyone wants to succeed in life. But what causes some of us to be more successful than others? This book aims to change the way you think about business and the world. It also seeks to shatter the illusions of people around the world by teaching them how to recognize randomness.
ABOUT THIS BOOK A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random, and more predictable, than it was. The astonishing success of Google was a black swan; so was 9/11. For Nassim Nicholas Taleb, black swans underlie almost everything about our world, from the rise of religions to events in our own personal lives.
The phrase "skin in the game" is one we have often heard but have rarely stopped to truly dissect. It is the backbone of risk management, but it's also an astonishingly complex worldview that applies to all aspects of our lives. Nassim Nicholas Taleb pulls on everything from Antaeus the Giant to Hammurabi to Donald Trump to Seneca to the ethics of disagreement to create a tapestry for understanding our world in a brand new way. Among his insights: For social justice, focus on symmetry and risk sharing -- Ethical rules aren't universal -- Minorities, not majorities, run the world -- You can be an intellectual yet still be an idiot -- Beware of complicated solutions (that someone was paid to find) -- True religion is commitment, not just faith
The author of the modern classics The Black Swan, Fooled by Randomness, and Antifragile, Nassim Nicholas Taleb expresses major ideas in ways you least expect in this collection of aphorisms and meditations—now expanded with fifty percent more material than the hardcover. The Bed of Procrustes takes its title from the Greek myth of a man who made his visitors fit his bed to perfection, either by stretching them or by cutting their limbs. It represents Taleb’s view of modern civilization’s hubristic side effects—modifying humans to satisfy technology, blaming reality for not fitting economic models, inventing diseases to sell drugs, defining intelligence as what can be tested in a classroom, and convincing people that employment is not slavery. Playful and irreverent, these aphorisms will surprise you by exposing self-delusions you have been living with but never recognized. With a rare combination of pointed wit and potent wisdom, Taleb plows through human illusions, contrasting the classical values of courage, elegance, and erudition with the modern diseases of nerdiness, philistinism, and phonies.
New York Times bestselling author Nassim Taleb's landmark Incerto series - Antifragile, The Black Swan, Fooled by Randomness, The Bed of Procrustes - gathered together for the first time, in a beautifully designed box set.
Nassim Taleb's five landmark bestselling books have changed the way millions see the world and think about uncertainty, chance, volatility, and risk. They can be read individually but are also written to complement each other and actually comprise a single work: The Incerto. This boxed set is newly designed and offers readers one of the most significant intellectual projects of our time.
Traces the author's experiences as a mathematics wizard, author, inventor, hedge-fund manager, and card-counter who revealed casino-beating strategies, invented the first wearable computer, and launched a Wall Street revolution
Just as human bones get stronger when subjected to stress and tension, many things in life benefit from stress, disorder, volatility, and turmoil. In this title, the author shows that highly improbable and unpredictable events underlie almost everything about our world. Taleb tells us how to live in a world that is unpredictable and chaotic, and how to thrive during moments of disaster.
Dynamic Hedging is an essential guide to managing derivatives risk, offering a practical approach for portfolios with nonlinear securities. It presents insights from the perspective of option market makers and arbitrage operators. Authored by an experienced trader with theoretical expertise, it adapts option theory to real-world scenarios, addressing the limitations of traditional mathematical models in capturing market exposure. Nassim Taleb explores both on-model and off-model derivatives risks, discussing critical concepts in accessible language. Key topics include the generalized option, which covers all convex payoff instruments, and trading techniques for exotic options like binary, barrier, multi-asset, and Asian options, while considering the complexities of actual distributions. The book examines market dynamics from a practitioner's viewpoint, addressing liquidity issues, portfolio insurance, volatility surfaces, and the shortcomings of value at risk methods. It introduces new risk detection tools, including higher moment analysis and nonparametric techniques, while emphasizing the path dependence of dynamically hedged options. Filled with practical tools, market anecdotes, and concise risk management rules, it also presents fundamental derivatives mathematics in intuitive terms, making it a valuable resource for practitioners.