Biography and introduction of Nasim Taleb’s books; Giant fall predictions

Nassim Nicholas Taleb is a Lebanese-American author and researcher whose research is mainly related to the problems of uncertainty, probability and randomness. He became famous for presenting the "Black Strong Theory"; A strategy he employed during his 20-year career as a derivatives trader before becoming a full-time writer. Nasim Taleb is one of the best original thinkers of the modern era who spent 21 years as a risk taker before becoming a researcher in philosophical and mathematical issues. He has always criticized the way risk is managed in the financial markets and is among those who benefited from the financial crisis that began in the late 2000s in America. Actually, Nasim Taleb wants to change the way of looking and thinking and challenge the usual patterns.

BingMag.com Biography and introduction of Nasim Taleb’s books; Giant fall predictions

Nassim Nicholas Taleb is a Lebanese-American author and researcher whose research is mainly related to the problems of uncertainty, probability and randomness. He became famous for presenting the "Black Strong Theory"; A strategy he employed during his 20-year career as a derivatives trader before becoming a full-time writer. Nasim Taleb is one of the best original thinkers of the modern era who spent 21 years as a risk taker before becoming a researcher in philosophical and mathematical issues. He has always criticized the way risk is managed in the financial markets and is among those who benefited from the financial crisis that began in the late 2000s in America. Actually, Nasim Taleb wants to change the way of looking and thinking and challenge the usual patterns.

Biography of Nasim TalebBingMag.com Biography and introduction of Nasim Taleb’s books; Giant fall predictions

Nassim Nicholas Taleb is a Lebanese-American writer, scholar, statistician and risk analyst born in 1960 in Amion, Lebanon. He belonged to a rich and politically influential family. His mother "Minerva Ghassan" is an anthropological researcher, his father "Naguib Taleb" is a doctor and oncologist, and his maternal and paternal grandparents were skilled politicians.

Naseem Taleb received his BA and MA degrees from the University of Paris In 1983, he received his MBA degree from the Wharton School of the University of Pennsylvania in the United States, and in 1998 he completed his doctorate in management sciences from the Dauphin University in Paris with the thesis titled "Dynamic coating microstructure".

For Nasim Nicholas Taleb, education was an opportunity to pursue the things that interested him. Study and learn as much as possible. He preferred to spend his energy studying things he was interested in through education. He describes his learning with the barbell model; He devoted only as much time and energy to studying as he needed to pass his classes, and used the rest to study anything he was interested in. He pointed out how schools tried to force students to study subjects, authors, and cultivate certain ways of thinking. They had two children named Sarah and Alexander. He is currently a Distinguished Professor of Risk Engineering at New York University's Tendon School of Engineering and his current focus is on the characteristics of systems that can control disorder. The name "Forbes" was introduced as "one of the most effective professors of management". Two years later, he was included in the "50 Most Influential People" list selected by the financial and business magazine Bloomberg. The Gottlieb Deutweiler Institute in Rochellecon, Switzerland, listed him among the 100 most influential intellectual leaders in the world. He has also received several honorary doctorates, including an honorary doctorate from the American University of Beirut in 2016. Career Highlights In financial affairs

Naseem Nicholas Taleb started his career as a derivative trader in December 1984; Derivatives are one of the new mechanisms in financial markets, which are mainly based on or derived from an underlying asset.

While working with the investment bank "The First Boston Corporation", he made a huge profit for the organization, especially during The stock market crashed in October 1987. He partnered with an American investor and hedge fund manager named Mark Spitznagel and founded the hedge fund company Empirica Capital LLC in 1999. He taught while continuing his business career, but later retired from business to become a full-time author and researcher.

He has been active in the financial markets for more than two decades and has He soon gained financial independence. During this period, he worked with several investment banks and during his stay in these organizations, he worked in various positions as a fund manager, CEO and global president. Tanden worked as a Distinguished Professor of Risk Engineering at New York University and as a Distinguished Research Fellow at the University of Oxford in the UK from 2009 to 2013. Continuing his path in 2014, he was chosen as the co-editor of "Risk and Decision Analysis", an academic journal. However, he believes that the university creates insights that are far removed from the realities of the world and that these documents are mainly for show. He predicted Fannie Mae. While Fannie Mae was considered a highly trusted expert in risk management in the mortgage market, Taleb analyzed its risks and presented a very negative outlook. He compared it to sitting on a barrel of dynamite that is likely to explode at the slightest hiccup. This prediction created a wave of anger and attacks in the financial world, but it finally came true. The collapse of Fannie Mae cost American taxpayers hundreds of billions of dollars.

The occurrence of this event, later known as the Black Power, was something that no one but Nasim Taleb could have predicted the day before it happened. By using this strategy, he earned a lot of money for various shareholders, including himself. 49 Living Languages of the World has been published, covering issues of political stability, convergence of risk measures, statistical mechanics, psychological biases, and risk-based ethical systems. He writes in his books that one can recognize people's personality from the way they treat employees. The hidden role of luck in life and the market" started in 2001. This book talks about the fallibility of human decisions. This was the first part of his multi-volume philosophical treatise on indeterminacy entitled "Inserto". His second book, "Black Strong: The Huge Impact of the Impossible on Life" was published in 2007, which introduced readers to the "Black Strong Theory" he developed. This book talks about the deep impact of scattered, unpredictable, far-fetched events and the human tendency to simply decipher these events. finished This work was the third volume of "Inserto" and it challenges common beliefs and values. Six years later, he published the same book with almost 50% more content. The fourth volume of "Inserto" titled "Rewarding", which was the fourth part of "Inserto", was published in 2012, which shows the development of his theories. The book "Skin in the Game: Hidden Asymmetries in Everyday Life" was published in February 2018, which expanded his ideas more than the previous books and was added to "Inserto" as the fifth volume.

Talib in addition On his business life, as a supporter of Inserto, more than 70 technical and scientific articles in the fields of mathematical statistics, genetics, quantitative finance, statistical physics, medicine, philosophy, ethics, economics and international affairs around the concept of risk and probability (grouped in Technical Inserto) also wrote.

Black SwanBingMag.com Biography and introduction of Nasim Taleb’s books; Giant fall predictions

The book "Black Swan" titled English "Black Swan" by Nasim Taleb was first published in 2007. This book explores ambiguity, chance, uncertainty, probability, human error, risk, and decision-making in a world we know nothing about. This book, which is known as one of the most influential books since World War II, was on the New York Times bestseller list after its publication, has sold more than three million copies and has been translated into more than 32 living languages. In Iran, Ariana Qalam Publications has published this book with the translation of "Mohammed Ebrahim Mahjoub". Ali Bandari, as one of the leading producers of Iranian podcast content, has briefly introduced the book "Black Swan" by this author in his free podcast. is showing. All it takes is one observation to invalidate thousands of years of approval. Taleb shows us that unpredictable and impactful events are the most important part of your culture and life. Nasim says in the book "Black Swan": "Before the discovery of Australia, people believed that all swans were white. It may be interesting to see the first Black Strong, but the importance of the story is not the only one here. This severe limitation shows the learning from observation or experience and the instability of our knowledge. The observation of only one black strong can invalidate a general statement obtained from the observation of millions of white strong. The main idea of this book is also related to our blindness in relation to randomness, especially large deviations.

Talib describes our relationship with information and errors in decision making with strong black theory. Black power describes events that occur unexpectedly, have significant effects, and are often misinterpreted after they occur. According to Nasim Nicholas Taleb, black swans are the basis of everything in our world, from the origin of religions to the adventures of our personal lives.

A black swan is a highly improbable event with three main characteristics; It is unpredictable, it has a deep impact on society or the world, and it is very effective with a very small probability of occurrence. Nasim Taleb in the book "Black Swan" shows that most of the events in history that are really important are black swans. For example, the Internet, the first great war, the discovery of penicillin and the first use of the wheel It is a black swan. His policy has been to show people how to resist different economic scenarios and how to plan this type of scenario. According to Taleb, part of the answer to this question is that people don't learn details easily and it's hard to talk about it before it happens. We focus on what we already know and repeatedly fail to learn what we don't know.

We limit our thinking to irrelevant and unimportant things, while big events continue to surprise us and They shape our world. Black swans are so unpredictable that we have to adapt to them instead of trying to predict them. Forecasting in potentially black swan contaminated spaces, combined with a general lack of awareness of such spaces, leads certain professionals to believe they are eminent experts, when in fact they are not. Their work history shows that they don't know anything more than ordinary people about the subject in question, but they are good at telling stories (or worse, fooling people with complex mathematical models); They probably also wear ties. Black swans don't take prophecies and we have to deal with them instead of naively following their prophecies. We have many ways to do this, as long as we pay attention to the unknown and the things we don't know. This work has many benefits; Among other things, we can put ourselves in the way of good-looking black swans (positive ones) as much as possible."

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strong>ProcrustesBingMag.com Biography and introduction of Nasim Taleb’s books; Giant fall predictions

The book "The Bed of Procrustes" with the English title "The Bed of Procrustes" by Nasim Taleb It was first published in 2010. This book is a collection of Qasar's memorable quotes, many of which relate to Talib's disagreement and frustration with the academic economics practiced by many Nobel Prize-winning economists.

The most surprising aspect of this book is that Talib instead Writing a collection of quotes from others shares your own personal thoughts and observations. The general theme of his work is the limitations of human knowledge and the fascinating errors and biases when working with subjects that are outside our field of observation. is logic, used to convey his thoughts and strongly opposes false reductionism.

In Greek mythology, Procrustes is an evil man living in Attica who was famous for his unusual hospitality. He was a serial killer who kidnapped travelers, took them to his house, fed them, and then invited them to spend the night in his rather special bed. He was obsessed with making the bed fit his victims perfectly; When the guests were tall, he would cut off their legs and if they were too short, he would drag them across the bed.

The author uses this as a broad theme to point out that we should stop living with ideas. Let's abandon prepackaged categories and narratives and instead embrace the unknown and the fact that there are limits to our knowledge. We may fight it, but over time, we accept that when we deviate from what is expected of us in society, society will always find a way to put us within its limits.

This work is like Taleb's other works deal with uncertainty, randomness, and philosophy, and cover a wide range of topics, including ontology (the nature of existence), luck, success, happiness, ethics, economic life, and religion.

In part of We read the book "The bed of Procrustine": "It seems that we are not aware of this inverted proportion; Much like the tailors who care about the fit of the jacket and pants they have sewn, but they have done this by surgery and transplanting their clients' organs. For example, few people realize that we are drugging the brains of school children to make them conform to the curriculum, rather than the other way around. Whenever we bring aphorisms to the field of explanation and interpretation, they will lose their charm. For now, I will refer to the main topic of the book and postpone the discussions for now. These are independent and compact teachings that revolve around my main ideas about how and why we should deal with issues about which we know nothing. Procrustine's bed by Fidibo

AntifragileBingMag.com Biography and introduction of Nasim Taleb’s books; Giant fall predictions

The book "Antifragile" with the English name "Antifragile" Another work of the best-selling author is "Black Swan"; A book about how some systems actually benefit from disorder and how living in a risk-free system is just as it seems. It turns out that safety is not a mechanism.

Nasim Talib in his book Qawy Siah Talib expresses a problem, and now in the book "Anti Fragile" he offers a definitive solution: how to get rid of disorder and chaos. took advantage and at the same time protected itself from fragilities and adverse events. In fact, what he calls "anti-fragile" is a step beyond robustness because a resilient set benefits from adversity, uncertainty, and stressors, just as human bones become stronger and begin to build muscle when stressed. .

The book "Anti-Breaker" contains the brilliance of the author's humor and insight, and at the same time is very ambitious and multidisciplinary, in fact, this book is a blueprint for how to behave and thrive in a world we do not understand. It is so vague that we don't even try to understand it. This book covers innovation, health, biology, medicine, life decisions, domestic politics, foreign policy, urban planning, war, personal finance and economic systems.

The main idea behind this simple and attractive book. Is. Nasim Nicholas Taleb divides the world and everything in it (people, things, institutions, ways of life) into three categories: fragile, strong and anti-fragile. If you avoid disorder and chaos for fear of the chaos they might cause in your life, you are fragile: you think you are keeping it safe, but in fact you are making yourself vulnerable to any shock. If you can withstand shocks without losing control and without changing your personality, you are strong. But if the shocks and disruptions make you stronger and more creative, you'll be more resilient and better able to adapt to any new challenges you face. Taleb thinks that we should all try to be anti-fragile and create more capacity when we are under stress. I happened to realize that fragility, which had no technical definition, could be expressed in this way: what does not like fluctuation and what does not like fluctuation does not like randomness, uncertainty, disorder, errors, stressors, etc. Think of any items that are fragile, such as items in the living room such as glass frames, televisions, or even better, china in the cabinet. If you label them "fragile" then you definitely want them to be in peace, calm, order and predictability. Furthermore, anything that doesn't like volatility doesn't like stressors, shocks, chaos, events, disorder, "unexpected" consequences, uncertainty, and necessarily time. Fragility emerges. Antifragility likes swing and all that stuff. It also likes time. And it has a powerful and useful link with nonlinearity: the response of any nonlinearity is fragile or rewarding to a particular source of randomness.

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