Sornette vs. Taleb Diametrically On Risk & Predictability

Nassim Taleb is a former derivatives trader who became a philosophical essayist, and researcher in probability in 2006.  Nassim Taleb is the author of “The Black Swan,” and “Antifragile: Things That Gain from Disorder.”

Sornette vs. Taleb Diametrically Opposite Approaches to Risk & Predictability

An ETH sponsored meeting and debate between Nassim Taleb and Didier Sornette. Edited to eliminate the parts of the conversation not involving either but otherwise comprehensive.

A “diplomatic debate” is defined by Taleb as a conversation in which one looks for synthesis (as opposed to one in which one is trying, as in war, to win the argument, as with political debates). Clearly this type of debate only works when the two parties have mutual respect for each other.

Check out the video debate below.

H/T Value Investing World

 

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