BNN Interview of Nassim Taleb

An interview with Nassim Taleb will be aired tomorrow (Friday) at 5PM EST on BNN.

"Hindsight may be 20/20 but foresight is blind. Nassim Taleb, author of The Black Swan talks to SqueezePlay about the unpredictability of market shocks and the challenges of managing risk."

Nine years ago, an event happened in New York that changed the world we knew it.  9/11 is an example of The Black Swan (TBS) event.

About Gradation

I started this blog to keep track of research progress relating to "TBS" (The Black Swan) pioneered by Nissam N. Taleb and how the idea can be applied to quantitative analysis and risk management.  This blog is intended to readers who have interested in the TBS concept and have some knowledge in finance, risk management and quantitative analysis.  Readers who have interest in understanding randomness in complex systems may also find some materials useful.

For the curious readers, Gradating, or to gradate [grey-deyt], could mean,

1. to pass by gradual or imperceptible degrees, as one color into another, or
2. to gradate in color, a gradual change between hues, tones, or shades, or
3. any process or change taking place through a series of stages, by degrees, or in a gradual manner.

I always see the creation of this site as the summation of many influences in the past few years.  Through chance, I was introduced to the book The Black Swan: The Impact of the Highly Improbable.  This book is a valuable source to me because it helps to bring many lessons I learned into a cohesive whole.  My interest involves searching for ways to unlock synergy between risk management and robust system design using TBS concept, and to better understand the role of randomness in life.  This blog helps me to organize my thoughts and experiments some ideas with others.