Video: Nassim Taleb on Robustness

Fragility is used to describe something that could–with a little bit more stress–breakdown.  That’s our global financial system in a nutshell; not designed to absorb shocks, we teeter on the precipice waiting for the next 1997 Asian crisis, LTCM disaster, or Lehman Brothers to strike.  What we really need is to build a system that can withstand shocks via built in redundancies.  Nassim Taleb tells us why.

New Yorker Interview with Nassim Taleb


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s