I love this guy, i wish he cold be more available in times like these.., I wish to see him at Joe Rogan or something..,

@carlosemepunto

3 жыл бұрын

He has said before that he doesn't go on podcasts that host charlatans or BS vendors. Joe has had a looooooot of those.

@dreams3830

3 жыл бұрын

Not sure why one would be willing to talk to David Cameron, but not to Rogan.

@zakp8687

3 жыл бұрын

Joe rogan viewers aren't exactly the most intelligent. Don't think nassim would go that low

@luizarthurbrito

2 жыл бұрын

Lol as if Rogan would have anything intelligent to ask him. Taleb's position about rejecting his invitation if that happened is clear.

@naxim4778

Жыл бұрын

rogan is a major quack under quacks

This man should be listened to and taken seriously. Thanks Nassim.

@abdiissa2890

7 жыл бұрын

Peter Heise come back

@RR-et6zp

Жыл бұрын

read more

So now little David has created his own Black Swan...

@csabour9

7 жыл бұрын

Black Swan Event by definition is something you don't see coming. Brexit was not a Black Swan because you are aware of the possible outcomes way before it happens.

@thelawenforcerhd9654

6 жыл бұрын

My guess is that Cameron thought of the Brexit vote passing as a Black Swan even if rational minds didn't. Remember he is a posh boy who got everything he ever wanted up to that point, he used to run a club that committed major acts of vandalism simply to prove its members were rich enough to get away with anything. He won two elections on the basis of enriching a small elite at the expense even of those who voted for him. From his perspective the electorate not behaving precisely as their masters told them was four standard deviations to the right. (Note I didn't vote for Brexit or think it was a good idea, my point is simply about Cameron's attitude)

@cipga

6 жыл бұрын

Holger K. von Jouanne-Diedrich I bet he thinks of this talk often

Pisses me off that the audience doesn't laugh at his jokes...

@DrunkCatEyeless

3 жыл бұрын

actually, taleb hates programmed laughs

@phillipngongo7398

2 жыл бұрын

Most of the things which Nassim talks about are unconventional. It's difficult for an average programmed mind to capture what he says.

@MayTheSchwartzBeWithYou

2 жыл бұрын

@@DrunkCatEyeless There's nothing "programmed" about laughing at a joke.

Thank you for everything Nassim

He's too smart for this audience

nassim is the man

Legit Points, I am surprised he even got a stage to expres them. Usually the 'establishment' does anything to take away the mic.

the royal society for putting things on top of other things

David Cameron, you came(!) & you conversed. Much appreciate it.How much didn't I know you before.

“Mother Nature does not like leverage, Mother Nature does not like too big to fail.”

Welcome to 2022, were once again Nassim Taleb is proven right.

The reaction to this interview is discussed in 'skin in the game'

Is it to late to read it, Dave?

This guy is a genius

Artfully predicting how hyperinflation happened decade prior

Cameron understood many of NNT’s lessons. Primarily aiming to reduce deficit as a means of reducing overall debt exposure - he failed but at least he was aiming for the right thing. Debt is toxic and is an existential risk for the West. We can overcome it but it needs action.

@adolfgarlic4157

Жыл бұрын

He lit the match of the single most destructive idea that has befallen the UK in its history.

@Withnail1969

Жыл бұрын

@@adolfgarlic4157 Brexit? Brexit is irrelevant.

@PleaseSayYesTV

Жыл бұрын

@@Withnail1969irrelevant????

@Withnail1969

Жыл бұрын

@@PleaseSayYesTV Our current economic problems are nothing to do with Brexit.

Maybe that's why Cameron is now trying to take UK out of EU. to reduce interdependence and risk contagions coming from EU.

4:50 we live in a world that is much more fragile

listening while the world is hit with a virus called covid 19. Having read Black swan, Antifragile by Nassim Nicholas Taleb. The ideas are ruminating.

One can reduce the probability of Black Swans by changing the regulatory framework in which markets operate. It is the concentration of wealth in few hands that is causing danger to the rest of society..in a free market. We need to control the largest animals in industry and finance.

i like the fact that Cameron is looking to experts for new ideas on how to tackle the situation

@geraiswaiya2347

3 жыл бұрын

They are gimmicks, as usual.

There is always an end.

defiinitely. EU is a bad idea through and through. talk about "too big to fail" ...

@adolfgarlic4157

Жыл бұрын

found the russian bot

yeah on this side of the pond the favored " intellectual" of the administration is krugman... UGH...

he didn't read the book

Simple solution: add another, then another shell!

What he said at @24:09 Oakeshott and ???

@cristianburich6828

3 жыл бұрын

also trying to get that one for the last half an hour

@tayyabahmed6216

3 жыл бұрын

@@cristianburich6828 Oakeshott and Bruno. Michael Oakeshott Giordano Bruno (but I'm not sure about this)

@danisaint959

3 жыл бұрын

Ernest Renan.

@user-iy3wg3vf8g

Жыл бұрын

❤

You know that there are very very few people in the UK who are creationists right?

We all of course know that some of us can be brilliantly rational in certain areas of our lives, whilst being brilliantly irrational in other areas. Look at Newton, as case in point. He was a brilliant scientist and mathematician on the one hand, whilst at the same time he thought he would actually be able to create gold from base metals in his home lab, and believed in the divine. It's nuts!

5:35 You can have interdependence not a big deal but you can't have too big to fail you have to make sure that something happens that consequences are manageable. 6:26 Mother nature does not like Ricardo concept. One country specialized in wine and other country specialized in cloth or some other item. Mother nature do the opposite of specialization we call functional redundancy or degeneracy for eg mother nature assume your lips to eat to talk to taste a lot of things. So it's the opposite of specialization so mother nature can show us how to build a robust system a system that can withstand huge deviations and stay standing.

Human wisdom : an action intellectual reduced to common sense

Nassim Nassim Nassim 💜

11:24 - Taleb makes the startling statement that overconfidence leads us taking on excessive debt instead of issuing equity. The MM theory of finance teaches us the opposite - in a perfect world the value of the corporation is unaffected by how much debt relative to equity there is, since markets perfectly adjust their portfolios to achieve true value. 10:20 - Taleb distinguishes between trader-to-trader ('Brooklyn') derivatives and MIT derivatives of academia. The latter is the problem.

That's American conservative. British conservatives are usually just born rich.

There are swans that are naturally black. What happened is more like a white swan that was deliberately and meticulously tarred black over a span of several years.

And then David Cameron called the Brexit referendum if only he'd listened to Taleb XD

So what? What does Cameron's personal opinion on evolution, have to do with his ability to understand Black Swans, or, for that matter, whether Taleb knows anything about Cameron's beliefs/opinions?

The problem with Taleb's antifragility model is that when the players all move toward that position, the fragility domain changes and needs to be redefined meanwhile new castles are formed, but it will take corrections to find the new information. This is due to human hubris which cannot be managed.

+Cascade3891 In the UK we have Darwin on the £10 note. This is not controversial.

So prescient! COVID19 confirms his story

One can reduce the probability of Black Swans by changing the regulatory framework in which markets operate. It is the concentration of wealth in few hands that is causing danger to the rest of society..in a free market.

Cameron looks like Mark Z.

12:18 Islam does not ban debt it bans interest, in fact the longest verse in the Quran (quran.com/2/282) exclusively discusses debt and how to manage it.

@Automatic-Diaphragm

7 жыл бұрын

But without interest, why would anyone give money?

@samcrosswords8979

7 жыл бұрын

Automatic Diaphragm Many do without. If you're asking why people help each other without expecting counterpart , you should live in a different planet.

@algerienizer

7 жыл бұрын

Islam urges those with the capacity to lend to do so, and do it often, this is a valued form of charity due to its role in helping the less fortune and benefiting society in general. Islam promises earthly and afterlife reward for those who take such risks. Moreover, Islam urges the lenders who come to realize that their borrowers will not be able to pay, or do so with considerable difficulty, not to ask for payment.

@vaultsjan

7 жыл бұрын

I would argue that moderate interest has motivational aspect to it.

@jean-marce.choufani2781

6 жыл бұрын

theologically sound point, realistically it's absolute bullshit and the rate at which it occurs is closer to 0 than you would like to think

Even before watching it i can tell it will have aged shy t leigh

David Cameron now PM not MP

@dailyfind8706

6 жыл бұрын

David Cameron now is the ex-PM and pig fucker.

taleb is so handsome =]

Digital currency, What a concept! My bit coin is worth my initial investment of my promise of future labor.

@sdprz7893

3 жыл бұрын

Do you still have Bitcoin?