Friday, May 27, 2011

Nassim Nicholas Taleb

Nassim Nicholas Taleb (born 1960) is a Lebanese American philosopher, essayist and practitioner of mathematical finance. He wrote the 2007 book The Black Swan, which a Sunday Times review described as one of the twelve most influential books since World War II.
He is a bestselling author, and has been a professor at several universities, currently at Polytechnic Institute of New York University and Oxford University. He has also been a hedge fund manager and Wall Street trader,[ and is currently a scientific adviser at Universa Investments. He criticized the risk management methods used by the finance industry and warned about financial crises, subsequently making a fortune out of the late-2000s financial crisis. He advocates what he calls a "black swan robust" society, meaning a society that can withstand difficult-to-predict events. He favors "stochastic tinkering" as a method of scientific discovery, by which he means experimentation and fact-collecting instead of top-down directed research.
Ref: Wikipedia

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