Nassim Nicholas Taleb - The Black Swan: The Impact of the Highly Improbable

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  • čas přidán 7. 06. 2024
  • Nassim Nicholas Taleb, expert on risk and randomness, discusses "The Black Swan: The Impact of the Highly Improbable," presented by Harvard Book Store. Nassim Nicholas Taleb defines a "black swan" as a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random, and more predictable, than it was. The success of Google was a black swan; so was 9/11. Black swans underlie almost everything about our world, from the rise of religions to events in our own personal lives. How can this phenomenon be better recognized and understood? This lecture contains strong language.
    More lectures at forum-network.org.
    This talk was taped on May 19, 2010.

Komentáře • 78

  • @georgimmanuelnagel6603
    @georgimmanuelnagel6603 Před 2 lety +10

    This guy is just so marvelous. He is a remedy against the modern world.

  • @nazdalaan
    @nazdalaan Před 3 lety +19

    I’m listening July 2020, and we’re exactly the situation he was talking about 7 years ago.

    • @elijahroman170
      @elijahroman170 Před 2 lety

      sorry to be offtopic but does anybody know of a trick to get back into an Instagram account?
      I was dumb forgot the account password. I would appreciate any tips you can give me.

    • @kaseelisha9155
      @kaseelisha9155 Před 2 lety

      @Elijah Roman instablaster :)

    • @elijahroman170
      @elijahroman170 Před 2 lety

      @Kase Elisha Thanks for your reply. I got to the site thru google and im in the hacking process now.
      Takes a while so I will get back to you later when my account password hopefully is recovered.

    • @elijahroman170
      @elijahroman170 Před 2 lety

      @Kase Elisha it did the trick and I actually got access to my account again. I'm so happy!
      Thanks so much you really help me out :D

    • @kaseelisha9155
      @kaseelisha9155 Před 2 lety

      @Elijah Roman no problem :)

  • @martijjjjn
    @martijjjjn Před 10 lety +14

    This man has such an interesting view on things. It's mind blowing what he tells in all his speeches and books.

  • @downtourth
    @downtourth Před 8 lety +16

    *_Fat Tony has a saying, "It's easier to scam people of billions then to scam them of thousands. It's a lot easier to fool the multitude than to fool a single person."_*

  • @osmanguney7324
    @osmanguney7324 Před 9 lety +1

    Great Speech!

  • @HardikBhakhar
    @HardikBhakhar Před 3 lety +6

    Maestro seems well rested. I wish I read his books 10 years ago.🙏

    • @Senecamarcus
      @Senecamarcus Před 3 lety +3

      True. I think the same. I wish I knew about him 10 years ago.

    • @mas1085
      @mas1085 Před rokem

      @@Senecamarcus Same here

  • @GBHForumNetwork
    @GBHForumNetwork  Před 11 lety +10

    The video is from May 2010.

  • @dalveerbansal1324
    @dalveerbansal1324 Před 10 lety +1

    I agree he does ramble abit, still has some good ideas

  • @elicitwildly
    @elicitwildly Před 11 lety +5

    Good lecture. He seemed so pompous at the beginning, but after the first few minutes, became much more charming. What's the deal with that?

  • @aaronwimberleymbamsf5776

    truly amazing=]

  • @yoloswag6242
    @yoloswag6242 Před 3 lety +6

    2:40 the funny thing with Taleb is he always experiences issues with technology while explaining antifragility
    In stanford lecture he spilled water on macbook, now he is getting major mic feedback :D

  • @johnanderson2654
    @johnanderson2654 Před 3 lety

    I like the gaffer's tape on the microphone. It's an anti-fragile material.

  • @PeteThecurious100
    @PeteThecurious100 Před 8 lety

    More complex equals more fragile ....interesting point but stands to reason.
    One ox + one wooden plough equals robust. hmm
    Risk: I choose the top line .....(but have a bolt hole for what is sure to come!)

  • @mahadiknaikjakati
    @mahadiknaikjakati Před 11 lety +1

    great person,deep insight of market,must master his ideas to be successful
    dr satish

  • @jimcuddy7407
    @jimcuddy7407 Před 6 lety +1

    resonance is funny i like it

  • @ethanoyamawang
    @ethanoyamawang Před 11 lety +3

    lol he said wtf wow he is my true mentor~!

  • @billpalombi
    @billpalombi Před 3 lety +4

    Starts at 1:25

  • @user-dd5kx5md5o
    @user-dd5kx5md5o Před 8 lety

    Did he mention Fat Tony at 25:08?

  • @evankant5965
    @evankant5965 Před 10 lety +1

    If Taleb does not want individuals to pay for the miscalculations of "too big to fall" business, why did Clinton scrap the distinction between investment and savings Banks in the first place?
    Secondly, why do households borrow, and why did credit proliferate in the 1980s?
    Doesn't it have to do with income distribution in the economy?

  • @MaghrebProductions
    @MaghrebProductions Před 3 lety

    May 2021

  • @tannorpilatzke2375
    @tannorpilatzke2375 Před 11 lety +1

    Starts at @1:24

  • @steveretiredandcranky
    @steveretiredandcranky Před 5 lety +1

    It's absolutely amazing how often the "experts" are dead ass wrong.

  • @shubhambiswas8627
    @shubhambiswas8627 Před 3 lety

    audio extremely low.

  • @benjaminfonseka4951
    @benjaminfonseka4951 Před 9 lety +1

    Black Swan = Breaking or end of a commonly accepted belief
    e.g. when the earth is flat - the sun rotates around the earth- type of beliefs are shattered.

  • @younesszaim3234
    @younesszaim3234 Před 3 lety +3

    "I can not hedge risk of epidemics" 45:43 - Hello Corona Virus, can you hear me ?

  • @BG-bj1mf
    @BG-bj1mf Před 3 lety +2

    I thought it was my tinnitus getting worst.

  • @Hammett849
    @Hammett849 Před 26 dny

    Most said word goes to "shmucks"!

  • @billpalombi
    @billpalombi Před 3 lety

    Taleb begins at 1:25

  • @tim53739
    @tim53739 Před 11 lety +2

    That's his general demeanor; at least in his books. Very ireverant, prone to criticize others ect. it get's annoying at times but has value.

  • @xveredus
    @xveredus Před rokem

    Rules of memetical nature

  • @donaldc7954
    @donaldc7954 Před 2 lety

    Such an compelling talk ruined by the numpty who set up the audio. A real struggle to concentrate on what’s being said.

  • @Chrisdvc26
    @Chrisdvc26 Před 11 lety

    That mic sound is driving me crazy

    • @tylerbrandon460
      @tylerbrandon460 Před 4 lety

      Did they set up for a speech or a Latin American singer.

    • @mas1085
      @mas1085 Před rokem

      The video is 12 years old old tech back then

  • @kinkokonko
    @kinkokonko Před 11 lety +2

    doesnt make much sense. If you need to apply the live cycle or a corporation to human life.
    Think Jimi Hendrix is going up
    Mozart is stable

  • @shortcutDJ
    @shortcutDJ Před 5 lety +2

    I thought this man wrote the script of the Black Swan movie
    i'm such a dumbass

  • @johnbatchler8551
    @johnbatchler8551 Před 3 lety

    Black swan also applies to technology

  • @jogaleone7224
    @jogaleone7224 Před 2 lety

    every one of his jokes fell flat…i started feeling bad for him…i cant learn from people i feel bad for

  • @lostinspace5127
    @lostinspace5127 Před 9 lety +1

    ok emotional Impact = blackswan events = too much noobs in the market = iam out of the game.

  • @cristianmicu
    @cristianmicu Před rokem

    3:45 sure professor taleb by the same logic lets return to the bronze age so we can avoid the majority of black swans

    • @user-rf1nk5ef8p
      @user-rf1nk5ef8p Před 4 měsíci

      Jesus what troll are you, can’t even hide it

  • @MRTOWELRACK
    @MRTOWELRACK Před 5 lety +3

    Taleb often boasts about himself and mocks others, but besides that tiresome insecurity, Taleb offers some gems of wisdom, albeit inefficiently so. Still, Taleb relies too heavily upon pomp and ironically enough, his own antidotes when critiquing antidotes.

    • @coven-docx
      @coven-docx Před 2 lety

      thanks for saying it, haven't seen another person mention this...

  • @James-yl3kk
    @James-yl3kk Před 11 lety +3

    is it me or does he just rabble

  • @timothyhilton3408
    @timothyhilton3408 Před 4 lety

    I have been known to read an entire book to get a few paragraphs of real wisdom, but this was unbearable.

  • @chiaroscuro1233
    @chiaroscuro1233 Před 4 lety +1

    Rewatching this as California electrical power monopoly goes into blackout

  • @CV_CA
    @CV_CA Před 2 lety

    29:48 44:57 47:53 ops, hahhaha,,,,,

  • @mistax2k
    @mistax2k Před 11 lety

    haha

  • @ethanoyamawang
    @ethanoyamawang Před 11 lety +1

    lol So basically he said cnbc hosts are donkeys! lol

  • @TimGoth
    @TimGoth Před 7 lety +1

    I guess we know who's the schmuck here!
    I started to read "Black Swan" and couldn't stand it to finish it. Now I hear him talking it's even worst. He has interesting theories that I agreed with but how can you trust a judgment of such a person?! It's all clouded with anger, hate and jealousy. He is no less ignorant than all the people who he accuse of being so. What a miserable human being! I feel sorry for him.

  • @aidawarah4698
    @aidawarah4698 Před 7 lety +5

    His speech is so disorganized and full with "stuff like that" and "that stuff"' . Very disappointing for someone with a Ph.D. and what is so smart about his ideas? They are not robust themselves

    • @Deepskies1
      @Deepskies1 Před 3 lety +10

      there is a full chapter in the Black Swan that talks about a mindset reflected by your comment, you are illustrating it perfectly.

    • @vimalcurio
      @vimalcurio Před 3 lety

      @@Deepskies1 lol

  • @screenerlook
    @screenerlook Před 2 lety

    You really have had to spent your whole professional life inside a university to go on a world stage with a hair like that!

  • @cristianmicu
    @cristianmicu Před rokem

    if hes lecturing and he cant abstain to pronounce the f. word, then he' dont have any name, hes a nobody, and will stay a nobody, that also means that he has no respect for the audience or for himself either, ergo, a paria, nobody., , no matter how many books he writes. i made my opinions more..... robust, to stand the test of time and avoid black swans like taleb lecture in today's events

  • @devotionofunion
    @devotionofunion Před 2 lety

    Methods for Portfolio Robustness are at 41:30