Nassim, thank you for sharing this. It is lovely to see you surrounded by people you don't feel the need to argue with haha. Wish you and universa investments and analytics the best
Man the hardest thing about this is actually managing a tail risk hedging. I've listened to just about everything Mark and Nassim have put out on the subject, over and over the refrain is "everyone is doing it wrong we are doing it right, but don't try and do it" 😢
Thank you both. This looks interesting. We should meet at my local, Mulligans in Manchester, UK. Minimal downside, upside is infinite - depending on the guitarist.
Merci pour votre intervention. Si dans un deuxième temps, vous pouvez faire traduire la vidéo, je vous remercie, et vous avez bonne mine monsieur Taleb, c’est sûrement le vélo Velo , bonne soirée à tous à bientôt ❤
I just finished The Dao of Capital and Safe Haven. Was starting to play with this in Python. So excited about this tool. No link though. How can I access this tool.
What about Buffon proposed solution to St. Petersburg problem. A risk which is smaller than your risk of dying today can be morally ignored? As aphorism: "Dying is worse than going broke." Lucretius' swerve is the black swan? (Philosophic description) The black (or white) swan is point beyond Shewhart's and Deming's UCL and LCL? (Empirically derived not from "theory")
Hmmm, I would say utility is more important than grewth. Spending say 200k in 30-40 on travel, having fun etc. could be better than having 1m in 60s. Also, theres a big if, if it will turn in 1m, and if person will be still alive in 60s.
But sizing of the put (IF you can actual get the correct put) still question: why 2% why not 1% or 5%. Can the distribution of the clipped tail give us insight on the right size. Maybe, maybe not. If you are not a surgeon, probably should not take out your own appendix.
Is the Bernoulli platform available for public licensing / use ?
Nassim, thank you for sharing this. It is lovely to see you surrounded by people you don't feel the need to argue with haha. Wish you and universa investments and analytics the best
Thank you for sharing this video. It’s always a pleasure to listen to your talks!
Man the hardest thing about this is actually managing a tail risk hedging.
I've listened to just about everything Mark and Nassim have put out on the subject, over and over the refrain is "everyone is doing it wrong we are doing it right, but don't try and do it"
😢
Not even a minute and disagreement begin 😂😂 ❤❤
I missed you, Nassim. Thanks for the sanity
Dont matter
Thanks for the share, looking forward to seeing Universa institute in the future!
Great show guys. You guys are a true inspiration. Can we bring back the Quant finance lectures please
Thank you both. This looks interesting. We should meet at my local, Mulligans in Manchester, UK. Minimal downside, upside is infinite - depending on the guitarist.
Merci pour votre intervention. Si dans un deuxième temps, vous pouvez faire traduire la vidéo, je vous remercie, et vous avez bonne mine monsieur Taleb, c’est sûrement le vélo Velo , bonne soirée à tous à bientôt ❤
Security market line, cml line, portfolio possibility curve all still used to gauge risk and return
Thanks for sharing Nassim😍😍
I just finished The Dao of Capital and Safe Haven. Was starting to play with this in Python. So excited about this tool.
No link though. How can I access this tool.
What about Buffon proposed solution to St. Petersburg problem. A risk which is smaller than your risk of dying today can be morally ignored? As aphorism: "Dying is worse than going broke."
Lucretius' swerve is the black swan? (Philosophic description)
The black (or white) swan is point beyond Shewhart's and Deming's UCL and LCL? (Empirically derived not from "theory")
More videos like this please
Taleb seems very chill here.
what about counterparty risk... how would SPX long puts have worked in 1929?
Hmmm, I would say utility is more important than grewth. Spending say 200k in 30-40 on travel, having fun etc. could be better than having 1m in 60s. Also, theres a big if, if it will turn in 1m, and if person will be still alive in 60s.
great edits
When is the service live?
I think the Lucretius comment was from Antifragile, no?
Bonjour en français ?
At 1:03 the look that Taleb gave....lol
Does anyone else think Brandon wanted to punch NN at some point.
Brandon is good-looking!
Taleb seems to have lost weight. I hope it was intentional
Cycling
Amazing!🙂👌
aistockadvisor AI fixes this (AI Stock Advisor). "Empirical distribution hides real tails."
Same namesake as the fluid mechanics equation?
I would like to work for Universa, but no answer when sent my CV. I hope you don't think I support fragilistas hahaha
1942 Andrew Heights
タレブ！！シェアしてくれてありがとう！！愛してる！！
愛してる？恥ずかしくない？
@@tungcaveusd 恥ずかしくねえよ。俺はタレブ達に助けられてる。
They seem very pissed off about the name lol
Super
..But how do normal people invest in universa?
9916 Medhurst Extension
Haha also korean pronunce is "베르-누-이[yi]"
lmfao
But sizing of the put (IF you can actual get the correct put) still question: why 2% why not 1% or 5%.
Can the distribution of the clipped tail give us insight on the right size. Maybe, maybe not. If you are not a surgeon, probably should not take out your own appendix.
2% happens to be the optimal. Read the book Safe Haven it explains it there
@@gkttlr1066sort of. But Mark is as slippery as any other hedge fund manager when talking details. An amazing read, however
@@gkttlr1066 are you sure it's not 2.1% or 1.9%?
@@gkttlr1066 are you sure it's not 2.1% or 1.9%?
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