196 citations · 544 across the 24 of their papers we have counts for
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q-fin.GN2019★ 18 cited
On the Statistical Differences between Binary Forecasts and Real World Payoffs
Nassim Nicholas Taleb
What do binary (or probabilistic) forecasting abilities have to do with overall performance? We map the difference between (univariate) binary predictions, bets and "beliefs" (expr…
q-fin.GN2014★ 47 cited
The Precautionary Principle (with Application to the Genetic Modification of Organisms)
Nassim Nicholas Taleb, Rupert Read, Raphael Douady +2
We present a non-naive version of the Precautionary (PP) that allows us to avoid paranoia and paralysis by confining precaution to specific domains and problems. PP is intended to…
q-fin.GN2014
Four Points Beginner Risk Managers Should Learn from Jeff Holman's Mistakes in the Discussion of Antifragile
Nassim Nicholas Taleb
Using Jeff Holman's comments in Quantitative Finance to illustrate 4 critical errors students should learn to avoid: 1) Mistaking tails (4th moment) for volatility (2nd moment), 2)…