Nassim Taleb's Mini Tutorial on 'Fat Tails' [Video]

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Nassim Taleb, NYU professor and author of Fooled By Randomness, The Black Swan, and Antifragile, put up a quick 8 minute tutorial on "Fat Tails" on Youtube yesterday which you might find interesting (see below). He linked to http://www.fooledbyrandomness.com/FatTails.html on his Youtube post for more information.

This will feed into my next post on how highly improbable possibilities turn into highly probable possibilities.



Source: Taleb's Moocs on Youtube (to see the graphs better you might need to switch to HD)

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