Search results
Results From The WOW.Com Content Network
Nassim Nicholas Taleb. Nassim Nicholas Taleb [a] ( / ˈtɑːləb /; alternatively Nessim or Nissim; born 12 September 1960) is a Lebanese-American essayist, mathematical statistician, former option trader, risk analyst, and aphorist. [1] [2] His work concerns problems of randomness, probability, complexity, and uncertainty .
Universa Investments was founded in January 2007 by Mark Spitznagel with Nassim Nicholas Taleb acting as its advisor. [4] [5] [7] [8] The two of them previously ran Empirica Capital, a hedge fund that closed in 2004 due to subpar returns.
The Black Swan. The Black Swan: The Impact of the Highly Improbable is a 2007 book by Nassim Nicholas Taleb, who is a former options trader. The book focuses on the extreme impact of rare and unpredictable outlier events—and the human tendency to find simplistic explanations for these events, retrospectively.
Nassim Nicholas Taleb, the author of best-selling book The Black Swan, correctly predicted the 2008 financial crash but said "gloomy" times ahead for the U.S. economy are far more easy to spot.
Plus, Spitznagel’s patented strategy, called tail risk hedging, seeks to profit from sharp market downturns, and he’s employed Nassim Taleb, the statistician and academic who popularized the ...
Nassim Taleb, the New York Times best-selling author of The Black Swan: The Impact of the Highly Improbable, stopped by The Motley Fool to discuss his newest book, Antifragile: Things That Gain ...
Taleb distribution. In economics and finance, a Taleb distribution is the statistical profile of an investment which normally provides a payoff of small positive returns, while carrying a small but significant risk of catastrophic losses. The term was coined by journalist Martin Wolf and economist John Kay to describe investments with a "high ...
Empirica Capital LLC was a hedge fund founded in 1999 by Nassim Nicholas Taleb in partnership with Mark Spitznagel, that used Taleb's black swan strategy. The firm closed in 2005.: 157 The investment strategy of the fund has been explained in a New Yorker article.