ABOUT THE BOOKWhen I was in school I considered a career in finance. Or to be more embarrassingly precise, I considered becoming an accountant.I chose the appropriate subjects and got myself onto a business degree course. I was still only 19 and you could say I was following a non-random course towa[...]
From the author of international bestseller "The Black Swan", Nassim Nicholas Taleb's "Fooled by Randomness" is the bestselling account of the hidden role of chance in life and the markets. Everyone wants to succeed in life. But what causes some of us to be more successful than others? Is it really [...]
What have the invention of the wheel, Pompeii, the Wall Street Crash, Harry Potter and the internet got in common? Why are all forecasters con-artists? What can Catherine the Great's lovers tell us about probability? And, why should you never run for a train or read a newspaper? This book is all abo[...]
"The hottest thinker in the world". (Bryan Appleyard, "Sunday Times"). In "The Black Swan", Taleb showed us that highly improbable and unpredictable events underlie almost everything about our world. Here Taleb stands uncertainty on its head, making it desirable, even necessary. The antifragile is b[...]
In a climate when iconoclasm is the smartest intellectual stance - whether against bankers, traders, politicians, the energy industry, or journalists - one of today's most prominent rabble-rousers gives his quick-witted and snappy guide to questioning the status quo. With characteristic panache and [...]
Wall Street is where poker and modern finance and the theory behind these "games" clash head on. In both worlds, real risk means real money is made or lost in a heart beat, and neither camp is always rational with the risk it takes. As a result, business and financial professionals who want to use[...]
An intriguing look at how financial models have repeatedly failed our markets, including now Leading and contrarian thinkers have been talking for years about the conflicts between theoretical and real finance. Nassim Taleb first addressed the issue in his technical treatise on options, Dynamic Hed[...]
Dynamic Hedging is the definitive source on derivatives risk. It provides a real-world methodology for managing portfolios containing any nonlinear security. It presents risks from the vantage point of the option market maker and arbitrage operator. The only book about derivatives risk written by an[...]
Praise for The Volatility Surface "I'm thrilled by the appearance of Jim Gatheral's new book The Volatility Surface. The literature on stochastic volatility is vast, but difficult to penetrate and use. Gatheral's book, by contrast, is accessible and practical.[...]
Nassim Nicholas Taleb, the bestselling author of "The Black Swan" and one of the foremost thinkers of our time, reveals how to thrive in an uncertain world.
Just as human bones get stronger when subjected to stress and tension, and rumors or riots intensify when someone tries to repress them, m[...]
" Taleb is] Wall Street's principal dissident. . . . Fooled By Randomness] is to conventional Wall Street wisdom approximately what Martin Luther's ninety-nine theses were to the Catholic Church."
-Malcolm Gladwell, "The New Yorker"
Finally in paperback, the word-of-mouth sensation that will[...]
Examines the role of the unexpected--the Black Swan--in both life and human history, explaining how the phenomenon and its applications affect every aspect of the world in which we live, why humans are unable to anticipate a Black Swan, and how we rationalize the phenomenon to make it appear less ra[...]
Nassim Nicholas Taleb, the bestselling author of "The Black Swan" and one of the foremost thinkers of our time, reveals how to thrive in an uncertain world.
Just as human bones get stronger when subjected to stress and tension, and rumors or riots intensify when someone tries to repress them, m[...]
Now in a striking new hardcover edition, Fooled by Randomness is the word-of-mouth sensation that will change the way you think about business and the world. Nassim Nicholas Taleb-veteran trader, renowned risk expert, polymathic scholar, erudite raconteur, and New York Times bestselling author of Th[...]
Maverick thinker Nassim Nicholas Taleb had an illustrious career on Wall Street before turning his focus to his black swan theory. With its revolutionary examination of the impact of highly improbable events, this "New York Times" bestseller took the world by storm. Not all swans are white, and not [...]