What did Nassim Taleb study?
Taleb attended the Grand Lycée Franco-Libanais in Beirut. He holds bachelor’s (1980), master of science (1981), and PhD degrees from the University of Paris (1998). His dissertation focused on the mathematics of derivatives pricing and complications of stochastic process models when applied to the real world.
How much is Nassim Taleb worth?
He’s worth $69 billion .
How did Nassim Taleb make his money?
Nassim Taleb worked as an options market maker in the 1980s. That means he made most of his money by supporting customer flow. He sold options for slightly higher prices than he bought them, and counted on the orders evening out so he had little net position. Nassim Taleb worked as an options market maker in the 1980s.
Which Nassim Taleb to read first?
If you “get” what he is ranting about and your interest has been sparked, I would suggest the intellectual breakthrough “ The Black Swan ” next, followed by “Antifragile” (to understand how to apply Taleb’s ideas). Then “ Fooled by Randomness ” as an afterthought to put everything in perspective.
How old is Nassim Taleb?
About 60 years (1960)
Where did Nassim Taleb work?
Taleb changed careers and became a mathematical researcher, scholar and philosophical essayist in 2006, and has held positions at NYU’s Courant Institute of Mathematical Sciences, at University of Massachusetts Amherst, at London Business School, and at Oxford University.
What does Nassim Taleb invest in?
He couldn’t care less about the gold market. Yet Taleb does invest a large share of his “safe assets” in physical gold. Gold is the robust investment par excellence. In case the global economy is on the verge of collapse, gold will keep afloat and survive.
How many languages does Nassim Taleb speak?
Is Nassim Taleb married?
How does Nassim Taleb trade?
His actual strategy is highly mathematical and has evolved over the years. But the basic position he likes to hold is to sell at-the-money options and buy out-of-the-money options; both puts and calls. The idea is that people overestimate that chance that a normal-sized move will occur.
What does Lindy mean Taleb?
The Lindy effect is a theory that the future life expectancy of some non-perishable things like a technology or an idea is proportional to their current age, so that every additional period of survival implies a longer remaining life expectancy.
What is Lindy Taleb?
In his book Antifragile: Things That Gain from Disorder (Amazon UK, US), Nassim Taleb provides a simple heuristic, known as the Lindy Effect. The effect simply says: that the expected life of an item is proportional to its past life. * The heuristic became known as the Lindy Effect.
In what order should I read Taleb?
Heres the order I read them in: Antifragile, Black Swan, Skin in the game, Antifragile (good books are worth re-reading), Fooled by Randomness. I have Bed, but it’s just a reference book.
Should I read Black Swan before Antifragile?
Black Swan . There are references to Black Swan in Antifragile , and it wouldn’t make sense if you didn’t read Black Swan first.