Lebanese-American essayist and former derivatives trader who developed a philosophy of radical uncertainty — arguing that rare, high-impact events (Black Swans) dominate outcomes and that most risk models are dangerously wrong.
The Black Swan: rare, high-impact events are systematically underestimated because they fall outside normal distributions and we construct explanatory narratives for them after the fact. Antifragility: some systems benefit from volatility — the opposite of fragility is not robustness but antifragility. Skin in the Game: asymmetric information and moral hazard — experts who are not exposed to the downside of their advice are dangerous. The Incerto: a five-volume philosophical project.
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