Nassim Taleb

6 results

Stock market success: investors have benefited from returns that nobody could have predicted. Photograph: Lucas Jackson/Reuters

The consequences of income inequality are all too obvious, not least in the rise of populism. Eastern Europe is the latest worry: some analysts regard(...)

There’s an emphasis on radical uncertainty in Mervyn King’s new book “The End of Alchemy”. Photograph: Simon Dawson/Bloomberg

The excellent new book by Mervyn King, former governor of the Bank of England, is inevitably noticed mainly for its views on banking regulation and t(...)

Apples and oranges: the comparison with “US poverty levels” is risible; one economy is at full employment, the other is not even close. Photograph: Thinkstock

The inequality debate is possibly one of the worst instances of statistical abuse since Pythagoras. The most recent outbreak saw commentators – who re(...)

NYSE traders: the positive behavioural reaction to a positive event is markedly less than the negative behavioural reaction to an equivalent negative event, hence markets tend to overreact. photograph: brendan mcdermid/reuters

The interest of economists, policy-makers and investors in the behavioural biases of the human mind has been intensifying in recent years.Since the on(...)

Serious Money: John Looby

This is a month of anniversaries. Five years ago this month, Lehman Bros collapsed dramatically. The global credit system froze. Trust between banks, (...)

The annual circus of the Premier League has rolled into town again. Whether you are a devoted fan or an involuntary bystander, the wall-to-wall covera(...)