Scott Patterson's Chaos Kings, Part 1

Scott Patterson discusses with Nassim N Taleb his book Chaos Kings, chapter by chapter. This is Part 1.

[ljragsandfeathers]

How would Nassim Taleb suggest using the precautionary principle within these fraught political times? How does one situate oneself financially when those who hold the purse strings of the treasury department have no skin in the game themselves? Honest question, Nassim. Thanks for this impressive interview. I love your explanation of risk using human kidney redundancies 😊

[christinatrifonov]

Thank you for doing this series, very enjoyable

[Bdurk]

Thanks Nassim, great listen for an off the trail hike.

[nandopelusi]

Second-order effects are often unaccounted for by knowing or assessing first-order effects of a phenomenon. And it's easy to forget that. It's is an important perspective applicable to decisions in everyday life. In psychology, I saw that secondary problems were often worse than the primary ones, like getting anxious about getting anxious, or depressed about being depressed. The 2nd order accounted for most of the problems.

[torosytoros]

Hello professor, wishing you a blessed Sunday

[adlos]

I love it, when i see you in a genuine conversation, i learn a lot from you. شكرا كتير استاذ!

[miguelclarkeottovonbismarck]

Nassim looking quite content and mellow. Good man.

[asdfasdfasdfasdf]

Would like very much to hear from Team Taleb about Generative Emergence!

[КириллИщук-яю]

Such a treat ❤
Did NNT ever post his recommended reading list? Apart from the literature review at the end of each book.

[KaySiefert]

I don't know if this is the right place but I was thinking a lot about NNT's strategies and read all Incerto books (some of them three times). Maybe it is because of my lack of knowledge but options as well as "very safe" bonds always have a counterparty (at least to my understanding). Wouldn't it qualify as a black swan if those counterparties weren't able to fulfill their obligations anymore? If so, this would add another dimension to the barbell strategy because of more implied risk in the 90% which are supposed to be the safe opposites of the 10% high risk trades. What do you guys think and what would be the answer if my assumptions are correct (I know about capital requirements for contracts and so on but again, what if for some black swan reason they don't work out). Thanks for your time

[joweb]

Love to see you as a presidential advisor.

[mouzziewouzzie]

The portion about risk management/ risk taking was great. Would like to hear more about that or read about that