EPISODE · Nov 11, 2025 · 1H 5M
Nassim Taleb and Scott Patterson Discuss "Chaos Kings", Part 3 (2024)
from N N Taleb's Probability Questions (UNOFFICIAL)
Why Ilmanen-style "simulations" of tail performance are both theoretically and empirically flawed because of 1) need to extrapolate extremes, and 2) The Niederhoffer problem.The birth of the Non-Naive Precautionary Principle in East Anglia, in a pub discussion with Rupert Read.Original video: https://www.youtube.com/watch?v=TaWLcxTMwk8
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Nassim Taleb and Scott Patterson Discuss "Chaos Kings", Part 3 (2024)
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