Nassim Nicholas Taleb

Professor of Risk Engineering, Essayist, Author of "The Black Swan"

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Book Recommendations:

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Recommended by Nassim Nicholas Taleb

An advertisement for Maestro @ArmanddDAngour's book on Socrates/Diotima "Socrates in Love". Reading the section where he introduces Diotima while communicating with the [collaborative] author. https://t.co/E9U87vbuy1 https://t.co/sC6jyCX8vZ (from X)

An innovative and insightful exploration of the passionate early life of Socrates and the influences that led him to become the first and greatest of philosophers. Socrates: the philosopher whose questioning gave birth to the foundations of Western thought, and whose execution marked the end of the Athenian Golden Age. Yet despite his pre-eminence among the great thinkers of history, little of his life story is known. What we know tends to begin in his middle age and end with his trial and death. Our conception of Socrates has relied upon Plato and Xenophon--men who met him when he was in his fifties, a well-known figure in war-torn Athens. There is mystery at the heart of Socrates's story: what turned the young Socrates into a philosopher? What drove him to pursue with such persistence, at the cost of social acceptance and ultimately his life, a whole new way of thinking about the meaning of existence? In this revisionist biography, classicist Armand D'Angour draws on neglected sources to explore the passions and motivations of young Socrates, showing how love transformed him into the philosopher he was to become. What emerges is the figure of Socrates as never previously portrayed: a heroic warrior, an athletic wrestler and dancer--and a passionate lover. Socrates in Love sheds new light on the formative journey of the philosopher, finally revealing the identity of the woman who Socrates claimed inspired him to develop ideas that have captivated thinkers for 2,500 years.

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Recommended by Nassim Nicholas Taleb

4 hours dinner conversation with @rorysutherland and Rohan @Silva in a Pakistani restaurant in London (2 bottles of wine, but no Negroni). You must buy two copies of Rory's book, in case one is stolen, lost, damaged (by the rain), or self-destructs. https://t.co/Xa5WFOGCNt (from X)

Alchemy book cover

by Rory Sutherland·You?

HOW DOES MAGIC HAPPEN?The Ogilvy advertising legend--"one of the leading minds in the world of branding" (NPR)--explores the art and science of conjuring irresistible products and ideas. Sutherland, the legendary Vice Chairman of Ogilvy, uses his decades of experience to dissect human spending behavior in an insanely entertaining way. Alchemy combines scientific research with hilarious stories and case studies of campaigns for AmEx, Microsoft and the like. This is a must-read. --Entrepreneur (Best Books of the Year) Why is Red Bull so popular, though everyone--everyone!--hates the taste? Humans are, in a word, irrational, basing decisions as much on subtle external signals (that little blue can) as on objective qualities (flavor, price, quality). The surrounding world, meanwhile, is irreducibly complex and random. This means future success can't be projected on any accounting spreadsheet. To strike gold, you must master the dark art and curious science of conjuring irresistible ideas: alchemy. Based on thirty years of field work inside the largest experiment in human behavior ever conceived--the forever-unfolding pageant of consumer capitalism--Alchemy, the revolutionary book byOgilvy advertising legend Rory Sutherland, whose TED talks have been viewed nearly seven million times, decodes human behavior, blending leading-edge scientific research, absurdly entertaining storytelling, deep psychological insight, and practical case studies from his storied career working on campaigns for AmEx, Microsoft, and others. Heralded as "one of the leading minds in the world of branding" by NPR and the don of modern advertising by The Times, Sutherland is a unique thought leader, as comfortable exchanging ideas with Nobel Prize winners Daniel Kahneman and Richard Thaler (both interviewed in these pages) as he is crafting the next product launch. His unconventional and relentlessly curious approach has led him to discover that the most compelling secrets to human decision-making can be found in surprising places: What can honey bees teach us about creating a sustainable business? How could budget airlines show us how to market a healthcare system? Why is it better to be vaguely right than precisely wrong? What might soccer penalty kicks teach us about the dangers of risk-aversion? Better "branding," Sutherland reveals, can also be employed not just to sell products, but to promote a variety of social aims, like getting people to pay taxes, improving public health outcomes, or encouraging more women to pursue careers in tech. Equally startling and profound, Sutherland's journey through the strange world of decision making is filled with astonishing lessons for all aspects of life and business.

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Recommended by Nassim Nicholas Taleb

@Stefano_Peron This is the BEST book (from X)

Elements of Information Theory 2nd Edition (Wiley Series in Telecommunications and Signal Processing) book cover

by Thomas M. Cover, Joy A. Thomas·You?

The latest edition of this classic is updated with new problem sets and material The Second Edition of this fundamental textbook maintains the book's tradition of clear, thought-provoking instruction. Readers are provided once again with an instructive mix of mathematics, physics, statistics, and information theory. All the essential topics in information theory are covered in detail, including entropy, data compression, channel capacity, rate distortion, network information theory, and hypothesis testing. The authors provide readers with a solid understanding of the underlying theory and applications. Problem sets and a telegraphic summary at the end of each chapter further assist readers. The historical notes that follow each chapter recap the main points. The Second Edition features: * Chapters reorganized to improve teaching * 200 new problems * New material on source coding, portfolio theory, and feedback capacity * Updated references Now current and enhanced, the Second Edition of Elements of Information Theory remains the ideal textbook for upper-level undergraduate and graduate courses in electrical engineering, statistics, and telecommunications.

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Recommended by Nassim Nicholas Taleb

Michael Bonner is a rare bird: he is a classicist and an erudite in the broadest sense of the word, familiar with Greek, Latin, Persian, Arabic, Aramaic, and Hebrew, not counting (I checked) modern languages such as French. This gives him a considerable edge over historians, and depth and perspective in identifying and understanding the true Western Civilization and the dangers of straying from its achievements over the past six thousand years. (from Amazon)

Will our future imitate our past? "The purpose of this book is threefold: to explain what makes civilization what it is; to show what we are in danger of losing in the event of collapse, and to point the way toward renewal." There is a consensus in the West that something is wrong. Many people have the uneasy feeling that the liberal democratic order is in danger, and that civilization itself hangs in the balance. This feeling could be dismissed as alarmism, but the present moment of pandemic, political instability, and rioting is a startling reminder of the fragility of civilization everywhere. And we should never forget that empires and societies have collapsed many times before. But history shows that human civilization also has extraordinary powers of recuperation, writes Michael R.J. Bonner in this bracing tour de force. Drawing on such examples as the revival of Europe after the collapse of the Roman Empire, and the ebb and flow of civilization in China despite repeated foreign conquest, he shows how humankind's quest for clarity, order, and beauty—the crucial elements of civilization—does not necessarily succeed through innovation or a futuristic orientation, but by thoughtful examination and imitation of past experience.

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Recommended by Nassim Nicholas Taleb

A very useful, no-nonsense book on dealing with derivatives in Brazil. It’s a gem with all the hidden secrets only those who traded complicated markets know – useful to generalize from. If you can trade Brazilian derivatives, you can trade about anything. I would force everyone involved to read it. (from Amazon)

The Brazilian financial markets operate in a very different way to G7 markets. Key differences include onshore and offshore markets, exponential rates, business days day-counts, and price formation from the futures markets (instead of the cash markets). This book provides a quantitative, applied guide to the offshore and onshore Brazilian markets, with a focus on the financial instruments unique to the region. It offers a comprehensive introduction to the key financial 'archaeology' in the Brazil context, exploring interest rates, FX and inflation and key differences from G7 market finance. It explores the core industry investment banking business in detail, from FX to interest rates and cash and inflation. Finally it introduces the region's unique financial instruments, as well as their pricing and risk management needs. Covering both introductory and complex topics, this book provides existing practitioners in Brazil, as well as those interested in becoming involved inthese markets, everything they need to understand the market dynamics, risks, pricing and calibration of curves for all products currently available.

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Recommended by Nassim Nicholas Taleb

A rare combination of encyclopedic knowledge, clarity, and lapidary style. I have never seen a discussion of philosophy as fun to read, presented with such clarity. I spent a decade and a half waiting for this book, yet it exceeds expectation: Gottlieb has a philosophical erudition that is so refreshing in a world of narrow academic résumé building. (from Amazon)

The author of the classic The Dream of Reason vividly explains the rise of modern thought. Western philosophy is now two and a half millennia old, but much of it came in just two staccato bursts, each lasting only about 150 years. In his landmark survey of Western philosophy from the Greeks to the Renaissance, The Dream of Reason, Anthony Gottlieb documented the first burst, which came in the Athens of Socrates, Plato, and Aristotle. Now, in his sequel, The Dream of Enlightenment, Gottlieb expertly navigates a second great explosion of thought, taking us to northern Europe in the wake of its wars of religion and the rise of Galilean science. In a relatively short period―from the early 1640s to the eve of the French Revolution―Descartes, Hobbes, Spinoza, Locke, Leibniz, and Hume all made their mark. The Dream of Enlightenment tells their story and that of the birth of modern philosophy. As Gottlieb explains, all these men were amateurs: none had much to do with any university. They tried to fathom the implications of the new science and of religious upheaval, which led them to question traditional teachings and attitudes. What does the advance of science entail for our understanding of ourselves and for our ideas of God? How should a government deal with religious diversity―and what, actually, is government for? Such questions remain our questions, which is why Descartes, Hobbes, and the others are still pondered today. Yet it is because we still want to hear them that we can easily get these philosophers wrong. It is tempting to think they speak our language and live in our world; but to understand them properly, we must step back into their shoes. Gottlieb puts readers in the minds of these frequently misinterpreted figures, elucidating the history of their times and the development of scientific ideas while engagingly explaining their arguments and assessing their legacy in lively prose. With chapters focusing on Descartes, Hobbes, Spinoza, Locke, Pierre Bayle, Leibniz, Hume, Rousseau, and Voltaire―and many walk-on parts―The Dream of Enlightenment creates a sweeping account of what the Enlightenment amounted to, and why we are still in its debt.

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Recommended by Nassim Nicholas Taleb

A marvelous book that is both thought provoking and highly entertaining, ranging from the power of placebos to the pleasures of Pepsi. Ariely unmasks the subtle but powerful tricks that our minds play on us, and shows us how we can prevent being fooled. (from Amazon)

The groundbreaking bestseller from iconic behavioral psychologist Dan Ariely, now the inspiration for the Fall 2023 NBC show The Irrational "A marvelous book… thought provoking and highly entertaining." —Jerome Groopman, New York Times bestselling author of How Doctors Think "Ariely not only gives us a great read; he also makes us much wiser." —George Akerlof, 2001 Nobel Laureate in Economics "Revolutionary." —New York Times Book Review Why do our headaches persist after we take a one-cent aspirin but disappear when we take a fifty-cent aspirin? Why do we splurge on a lavish meal but cut coupons to save twenty-five cents on a can of soup? When it comes to making decisions in our lives, we think we're making smart, rational choices. But are we? In this newly revised and expanded edition of the groundbreaking New York Times bestseller, Dan Ariely refutes the common assumption that we behave in fundamentally rational ways. From drinking coffee to losing weight, from buying a car to choosing a romantic partner, we consistently overpay, underestimate, and procrastinate. Yet these misguided behaviors are neither random nor senseless. They're systematic and predictable—making us predictably irrational.

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Recommended by Nassim Nicholas Taleb

When a risk taker writes a book, read it. In the case of Peter Thiel, read it twice. Or, to be safe, three times. This is a classic. (from Amazon)

#1 NEW YORK TIMES BESTSELLER • “This book delivers completely new and refreshing ideas on how to create value in the world.”—Mark Zuckerberg, CEO of Meta “Peter Thiel has built multiple breakthrough companies, and Zero to One shows how.”—Elon Musk, CEO of SpaceX and Tesla The great secret of our time is that there are still uncharted frontiers to explore and new inventions to create. In Zero to One, legendary entrepreneur and investor Peter Thiel shows how we can find singular ways to create those new things. Thiel begins with the contrarian premise that we live in an age of technological stagnation, even if we’re too distracted by shiny mobile devices to notice. Information technology has improved rapidly, but there is no reason why progress should be limited to computers or Silicon Valley. Progress can be achieved in any industry or area of business. It comes from the most important skill that every leader must master: learning to think for yourself. Doing what someone else already knows how to do takes the world from 1 to n, adding more of something familiar. But when you do something new, you go from 0 to 1. The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. Tomorrow’s champions will not win by competing ruthlessly in today’s marketplace. They will escape competition altogether, because their businesses will be unique. Zero to One presents at once an optimistic view of the future of progress in America and a new way of thinking about innovation: it starts by learning to ask the questions that lead you to find value in unexpected places.

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Recommended by Nassim Nicholas Taleb

This book of thoroughly engaging essays from one of today's most prodigious innovators provides a uniquely personal perspective on the lives and achievements of a selection of intriguing figures from the history of science and technology. Weaving together his immersive interest in people and history with insights gathered from his own experiences, Stephen Wolfram gives an ennobling look at some of the individuals whose ideas and creations have helped shape our world today. From his recollections about working with Richard Feynman to his insights about how Alan Turing's work has unleashed generations of innovation to the true role of Ada Lovelace in the history of computing, Wolfram takes the reader into the minds and lives of great thinkers and creators of the past few centuries and shows how great achievements can arise from dramatically different personalities and life trajectories. Contents: Preface Richard Feynman Kurt Gödel Alan Turing John von Neumann George Boole Ada Lovelace Gottfried Leibniz Benoit Mandelbrot Steve Jobs Marvin Minsky Russell Towle Bertrand Russell and Alfred Whitehead Richard Crandall Srinivasa Ramanujan Solomon Golomb

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Recommended by Nassim Nicholas Taleb

“This man could plainly do for mathematics what Brian Cox has done for physics” — Sunday Times What goes on inside the mind of a rock-star mathematician? Where does inspiration come from? With a storyteller’s gift, Cédric Villani takes us on a mesmerising journey as he wrestles with a new theorem that will win him the most coveted prize in mathematics. Along the way he encounters obstacles and setbacks, losses of faith and even brushes with madness. His story is one of courage and partnership, doubt and anxiety, elation and despair. We discover how it feels to be obsessed by a theorem during your child’s cello practise and throughout your dreams, why appreciating maths is a bit like watching an episode of Columbo, and how sometimes inspiration only comes from locking yourself away in a dark room to think. Blending science with history, biography with myth, Villani conjures up an inimitable cast of characters including the omnipresent Einstein, mad genius Kurt Godel, and Villani’s personal hero, John Nash. Birth of a Theorem combines passion and imagination to take us on a fantastical adventure through the beautiful, mysterious world of mathematics. Maths has never seemed so magical or so exciting.

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Recommended by Nassim Nicholas Taleb

This groundbreaking book by award-winning science writer and bestselling author of Why We Get Fat and The Case for Keto shows us that almost everything we believe about the nature of a healthy diet is wrong. For decades we have been taught that fat is bad for us, carbohydrates better, and that the key to a healthy weight is eating less and exercising more. Yet despite this advice, we have seen unprecedented epidemics of obesity and diabetes. Taubes argues that the problem lies in refined carbohydrates, like white flour, easily digested starches, and sugars, and that the key to good health is the kind of calories we take in, not the number. Called “a very important book,” by Andrew Weil and ”destined to change the way we think about food,” by Michael Pollan, this groundbreaking book by award-winning science writer Gary Taubes shows us that almost everything we believe about the nature of a healthy diet is wrong.

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Recommended by Nassim Nicholas Taleb

Information: The New Language of Science book cover

by Hans Christian von Baeyer·You?

Confronting us at every turn, flowing from every imaginable source, information defines our era--and yet what we don't know about it could--and does--fill a book. In this indispensable volume, a primer for the information age, Hans Christian von Baeyer presents a clear description of what information is, how concepts of its measurement, meaning, and transmission evolved, and what its ever-expanding presence portends for the future. Information is poised to replace matter as the primary stuff of the universe, von Baeyer suggests; it will provide a new basic framework for describing and predicting reality in the twenty-first century. Despite its revolutionary premise, von Baeyer's book is written simply in a straightforward fashion, offering a wonderfully accessible introduction to classical and quantum information. Enlivened with anecdotes from the lives of philosophers, mathematicians, and scientists who have contributed significantly to the field, Information conducts readers from questions of subjectivity inherent in classical information to the blurring of distinctions between computers and what they measure or store in our quantum age. A great advance in our efforts to define and describe the nature of information, the book also marks an important step forward in our ability to exploit information--and, ultimately, to transform the nature of our relationship with the physical universe.

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Recommended by Nassim Nicholas Taleb

The Secret of Fatima (Father Kevin Thrall Thrillers) book cover

by Peter J Tanous·You?

Father Kevin Thrall is chaplain to a poor, inner-city parochial school in Washington, D.C. where he leads a quiet and rewarding life. But he is also troubled by his past in combat with an elite military unit. Even after taking his vows, he is as ready to clasp his hands around the grip of a Glock as in prayer. He sometimes wonders who he really is. To the Vatican, however, Father Thrall is uniquely suited for a dangerous mission—one directly tied to the mystery of a 100-year old prophecy. One hundred years ago, the Blessed Virgin revealed a mysterious prophecy to three Portuguese shepherd children. The three Secrets of Fatima were closely held by the Vatican for decades, until the text of the third and last secret was finally released in 2000. But many believe that the Vatican withheld important parts of the Third Secret, perhaps because its contents were too dangerous to reveal . . . The Secret of Fatima’s knife-edge plot unfolds as both a modern-day spy thriller and a spiritual quest, as Father Thrall faces implacable enemies both within and outside of the Church who will test both his unique abilities and his faith. If he fails, the very foundations of the world will be shaken.

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Recommended by Nassim Nicholas Taleb

A Few Lessons from Sherlock Holmes is a book for those who want to improve their thinking. It is a practical and enjoyable book that tells in a short-easy-to-read way about what we all can learn from Sherlock Holmes. Peter Bevelin has distilled Arthur Conan Doyle's Sherlock Holmes into bite-sized principles and key quotes. This book will appeal to both Sherlock fans as well as those who want to think better. It contains useful and timeless methods and questions applicable to a variety of important issues in life and business. We could all benefit from 'A few lessons from Sherlock Holmes'.

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Recommended by Nassim Nicholas Taleb

The former FDIC Chairwoman, and one of the first people to acknowledge the full risk of subprime loans, offers a unique perspective on the greatest crisis the US has faced since the Great Depression. “When Sheila Bair took over as head of the U.S. Federal Deposit Insurance Corp. in 2006, the agency was probably better known for the ‘FDIC’ logo on the doors of the nation’s banks than for anything it did. Now Bair is at the center of the financial crisis, speeding the takeover of failing banks and pressing the mortgage industry to ease loan terms . . . winning praise from Democrats and Republicans.” —BLOOMBERG NEWS, October 3, 2008 Sheila Bair is widely acknowledged in government circles and the media as one of the first people to identify and accurately assess the subprime crisis. Appointed by George W. Bush as the chairman of the Federal Deposit Insurance Corporation (FDIC) in 2006, she witnessed the origins of the financial crisis and in 2008 became—along with Hank Paulson, Ben Bernanke, and Timothy Geithner—one of the key players trying to repair the damage to our economy. Bull by the Horns is her remarkable and refreshingly honest account of that contentious time and the struggle for reform that followed and continues to this day. A level-headed, pragmatic figure with a clear focus on serving the public good, Bair was often one of the few women in the room during heated discussions about the economy. Despite her years of experience and her determination to rein in the private banks and Wall Street, she frequently found herself at odds with Geithner. She is withering in her assessment of some of Wall Street’s finest, and her narrative of Citibank’s attempted takeover of Wachovia is a stinging indictment of how regulators and the banks worked against the public interest at times to serve their own needs. Bair is steadfast in her belief that the American public needs to fully understand the crisis in order to bring it to an end. Critical of the bank bailouts and the Can. $29.99 lax regulation that led to the economic crash, she provides a sober analysis as well as a practical plan for how we should move forward. She helps clear away the myths and half-truths about how we ran our economic engine into the ditch and tells us how we can help get our financial and regulatory systems back on track. As The New Yorker said, “Bair has consistently stood out for her skepticism of Wall Street and for her eagerness to confront the big banks. A Kansas Republican, she has become an unlikely hero to economic liberals, who see her as the counterweight to the more Wall Street–centric view often ascribed to Timothy Geithner, the Treasury Secretary” (July 6, 2009).

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Recommended by Nassim Nicholas Taleb

Thinking and Deciding book cover

by Jonathan Baron·You?

Thinking and Deciding has established itself as a required text and important reference work for students and scholars of human cognition and rationality. In this, the third edition, Jonathan Baron delves further into many of the key questions addressed in the previous editions. Baron has also revised or expanded his treatment of topics such as risk, utilitarianism, Baye's theorem, and moral thinking.