Nassim Nicholas Taleb (Arabic: نسيم نيقولا نجيب طالب, alternatively Nessim or Nissim, born 1960) is a Lebanese American essayist whose work focuses on problems of randomness and probability. His 2007 book The Black Swan was described in a review by Sunday Times as one of the twelve most influential books since World War II.
He is a bestselling author, and has been a professor at several universities, currently at Polytechnic Institute of New York University and Oxford University. He is also a practitioner of mathematical finance. Taleb has been a hedge fund manager, a Wall Street trader, and is currently a scientific adviser at Universa Investments and the International Monetary Fund.
He criticized the risk management methods used by the finance industry and warned about financial crises, subsequently making a fortune out of the late-2000s financial crisis. He advocates what he calls a “black swan robust” society, meaning a society that can withstand difficult-to-predict events. He favors “stochastic tinkering” as a method of scientific discovery, by which he means experimentation and fact-collecting instead of top-down directed research.
- The Black Swan
- The Bed of Procrustes: Philosophical and Practical Aphorisms
- Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
- Dynamic Hedging: Managing Vanilla and Exotic Options
David Cameron in conversation with Nassim Taleb
Nassim Nicholas Taleb at Harvard University on social problems Part 1
18.10.2011 Nassim Taleb: “OWS Second Generation Marxist Class Struggle”