Nassim Taleb gives a quick tutorial introducing the idea of Fat Tails in about 8 minutes, as simply as possible as discussed in  Antifragile: Things That Gain from Disorder. Nassim Taleb is also the author of The Black SwanFooled By Randomness and Antifragile: Things That Gain from Disorder Fat Tails make us understand the world much less than we think; they make much of the quantitative results in social “science” anecdotal (or worse, negative information). The main (more complicated) text is athttp://www.fooledbyrandomness.com/Fat…

Nassim Taleb photo

Nassim Taleb video embedded below