Nassim Taleb (finance)

Nassim Taleb is a finance scholar and author known for his ideas on uncertainty and risk, especially in complex systems. He introduced concepts like "Black Swan" events—unexpected, high-impact occurrences that are often rationalized after the fact—and "Antifragility," which suggests that some systems benefit from chaos and uncertainty. Taleb criticizes traditional financial models for underestimating rare but severe events, emphasizing the importance of preparing for the unpredictable rather than relying on historical data alone. His work encourages a more robust understanding of risk management, resilience, and decision-making in uncertain environments.