Victor niederhoffer was one of the most successful money managers in the. Taleb defines black swans as events with the following three attributes. Malcolm gladwell on nassim taleb, victor niederhoffer and fat. And who was to say that in the eleventh year niederhoffer. The hidden role of chance in life and in the markets, and more on. Not long ago taleb went to a dinner in a french restaurant just north of wall from econ 101 at johns hopkins university. Daily speculations victor niederhoffer and laurel kenner website. Nassim taleb dynamic hedging amazon for trader best. Blowing up by malcolm gladwell taleb vs niederhoffer. He lived and worked out of a thirteenacre compound. But to nassim taleb, this could just be a rationalization after the fact. Taleb successfully bridges the gap between the academic and the real world. Feb, 2021 nassim nicholas taleb s now popular the black swan. How nassim taleb turned the inevitability of disaster into an investment strategy 1.
Antifragile is a standalone book in nassim nicholas taleb s landmark incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decisionmaking in a world we dont understand. The blowup artist, a great article in the new yorker, discusses niederhoffer s most recent financial troubles. The hidden role of chance in life and in the markets is a 2001 book by nassim nicholas taleb. Nassim nicolas taleb s the incerto series is about dealing with matters of probability, complexity, and risk.
Victor niederhoffer s success, taleb supposes, could be largely due to luck. At the end of gladwells story, niederhoffer loses a lot of money. How nassim taleb turned the inevitability of disaster into an investment strategy one day in 1996, a wall street trader named nassim nicholas taleb went to see victor niederhoffer. The other books in the series are fooled by randomness, the black swan, skin in the game, and the bed of procrustes. Victor niederhoffer, nassim taleb and malcolm gladwell. Boof therabbit on youtube ellipticality technical utku dervent on about. Oct 10, 2019 the best book i read last year was skin in the game, by investor and master of probability nassim nicholas taleb. The definitive book on options trading and risk management if pricing is a science and hedging is an art, taleb is a virtuoso. Each chapter worth a fortune to any current or prospective derivatives trader. Victor niederhoffer was one of the most successful money. Of course, most of wall street thought that taleb was crazy. Antifragile, the black swan, the bed of procrustes, and fooled by randomness. Im rereading antifragile by nassim taleb, the most important book of the. Dont let nassim talebs tweets stop you from reading his.
Author malcolm gladwell wrote one of the great wall street tales ever starring victor niederhoffer and nassim taleb. See all books authored by nassim nicholas taleb, including the black swan. Nassim nicholas taleb books list of books by author nassim. It was originally published in november 2016 including only the first four books. The latter is the supposed aim of nonfiction, yet a target so few books reach. Victor niederhoffer was one of the most successful money managers in the country.
Apr 22, 2002 of finance about wall street analyst nassim nicholas taleb. Taleb s lively delivery and overall friendly demeanor except when niederhoffer was mentioned made it an entertaining and unique evening. Niederhoffer had a huge and eclectic library and a seemingly insatiable. The impact of the highly improbable is a book about epistemology, probability, risk, and psychological biases. The bed of procrustes is a standalone book in nassim nicholas taleb s landmark incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decisionmaking in a world we dont understand. Fragility is what loses from volatility and uncertainty and antifragility is what gains from it. Soros was so impressed with the guy, that he sent his son to work for him. One day in 1996, a wall street trader named nassim nicholas taleb went to see victor niederhoffer. Only by accepting what we dont know, he shows, can we see the world as it really is. Nassim nicholas taleb has 42 books on goodreads with 631077 ratings. The event was well attended with approximately 120 people. Antifragile, by nassim nicholas taleb the new york times. Dynamic hedging por nassim nicholas taleb, 9780471152804, disponible en book depository con envio gratis.
I think his pride is one of the causes for his blowups. Not long ago taleb went to a dinner in a french restaurant. Blowing up a malcolm gladwell 2002 article about the investment strategy of niederhoffer, and the opposite strategy used by nassim taleb the blowup artist a john cassidy 2007 profile of. Taleb is the author of the black swan, the book about, as the subtitle puts it. How nassim taleb turned the inevitability of disaster. For anyone who has read the book fooled by randomness by nassim nicholas taleb, the name victor niederhoffer may sound familiar if you havent read the book, check out this article by malcolm gladwell. Malcolm gladwell on nassim taleb, victor niederhoffer and. The education of a speculator 1996 and practical speculation 2003.
Victor niederhoffer, chairman niederhoffer investments. Its well worth reading every book of his incerto series, which includes. Nassim nicholas taleb books list of books by author. Despite his envy and admiration, he did not want to be victor niederhoffer. Niederhoffer, a brilliant empiricist quoted as saying, everything that can be tested. Dec 02, 2012 one day in 1996, a wall street trader named nassim nicholas taleb went to see victor niederhoffer. For when he looked around him, at the books and the tennis court and the folk art on the walls, and when he contemplated the countless millions. Peter thiel has built multiple breakthrough companies, and zero to one shows how. He had just written a bestselling book, the education of a. Nassim nicholas taleb book recommendations 82 books. Jan 23, 1997 the only book about derivatives risk written by an experienced trader with theoretical training, it remolds option theory to fit the practitioners environment. Nassim nicholas taleb the black swan book launch by.
My initial impressions of the book, after a cursory read, are that it appears interesting, well documented and entertaining although lacking in an academic discussion. Malcolm gladwell on nassim taleb, victor niederhoffer and fat tails. The impact of the highly improbable, and fooled by randomness. The audience included several heavy weight quantitative professionals such as dr. Dec 17, 2012 a reader could easily run out of adjectives to describe nassim nicholas taleb s new book antifragile. Jun 16, 2009 taleb is the author of the black swan, the book about, as the subtitle puts it, the impact of the highly improbable. Philosophical and practical aphorisms incerto by taleb, nassim nicholas and a great selection of related books, art and collectibles available now at. Fooled by randomness is a standalone book in nassim nicholas taleb s landmark incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decisionmaking in a world we dont understand. A strong case could be made that nassim taleb is one of the most original minds of our time. The other books in the series are fooled by randomness, antifragile, skin in the game, and the bed of procrustes a black swan is a highly improbable event with three. Although niederhoffer and nassim taleb are friends, after the events of.
Writer describes a visit taleb made to the lavish estate of money manager victor niederhoffer. Incerto by nassim nicholas taleb, joe ochman, et al. Nassim taleb on victor niederhoffer victor niederhoffer was a wildly successful hedge fund manager who was invited to partner up with george soros in 1982. The impact of the highly improbable by nassim nicholas taleb is one of those books that can completely change the way you see the world. Books by nassim nicholas taleb author of the black swan. Of finance about wall street analyst nassim nicholas taleb. The books underline that everything becomes more and more interconnected and entangled, requiring an altogether different approach to knowledge and revision of our habitual ways of thinking about certain things. From 2001 to 2018, he published five books that he bundled into one titled incerto.
Free delivery on book orders dispatched by amazon over. Nassim taleb dynamic hedging best forex, trading, stock. As such, its more of a book on how not to invest rather than how to invest. The impact of the highly improbable is a 2007 book by nassim nicholas taleb the book defines black swan as a highly improbable event with three principal characteristics. Online shopping from a great selection at books store. Talebs five volume philosophical essay on uncertainty, titled the incerto, covers the following books. The book explains how luck, randomness, chance, probability, etc influence our lives more than we realize. Fooled by randomness, the black swan, the bed of procrustes, antifragile, skin in the game. In this brilliant book nassim nicholas taleb distils his idiosyncratic wisdom to demolish our illusions, contrasting the classical values of courage, elegance and erudition against modern philistinism and phoniness.
Nassim nicholas taleb s most popular book is the black swan. That rare find, a book of great practical and theoretical value. Apr 20, 2007 last night we attended nassim taleb s new book launch party for the black swan the impact of the highly improbable on park ave, nyc. However, my understanding is that empirica capital, for whatever reason, has closed its doors some years ago. Nassim taleb summarizes the thesis of antifragile as. Dec 15, 2003 1 do you think nassim taleb is right in that traders underestimate the probability of a drastic move in the underlying product. Things that gain from disorder is a book by nassim nicholas taleb published on november 27, 2012, by random house in the united states and penguin in the united kingdom.
Victor niederhoffer, chairman, niederhoffer investments. And who was to say that in the eleventh year niederhoffer wouldnt be one of the from econ 101 at johns hopkins university. Later, he decided to stop working with george soros because he wanted to move on and do his own thing. Fooled by randomness 2001, the black swan 20072010, the bed of procrustes 2010, antifragile 2012, and skin in the game 2018. It came out in 2007, just before everything that seemed highly improbable. Lebaneseamerican scholar, nassim taleb, has spent years studying problems of randomness, probability, and uncertainty. The black swan is a standalone book in nassim nicholas taleb s landmark incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decisionmaking in a world we dont understand. But then in 1997, niederhoffer s investment fund blew up and he was forced to shut it down. The black swan by nassim nicholas taleb live truly. Bruno dupire, head of swaps and options research, paribas capital markets this is not merely the best book on how options trade, it is the only book. It talks about the unknown unknown, the black swan, the highly improbable unpredictable event that changes the world and which we will we later try to explain away. Global coronavirus response a case study of government incompetence and denial. Listen to my interview with victor niederhoffer, a cautionary tale.
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