Nassim Nicholas Taleb: Problems with probability

Nassim Nicholas Taleb (NYU) lecture at Rutgers Foundations of Probability Seminar Series, September 11, 2017 Title: Problems with Probability Abstract: 1) Confusion at the level of the payoff functions (convexity matters), 2) Confusion concerning the Law of Large Numbers, 3) Misuse of the notion of probability. http://www.fooledbyrandomness.com/Fat... for more details and papers.