I Spent $2,995 on Nassim Taleb’s Risk Taking Course — Here’s what I learned
Lessons and reflections from RWRI #19
While many risk management frameworks exist, many ignore unconventional (yet important) features of reality (e.g. complexity, emergence, irreducibility, fat tails). Rather than sweeping these things under the rug, Nassim Taleb’s Real World Risk Institute (RWRI) positions them as central points. Here, I share my key takeaways from RWRI #19 and how I’m applying them to my entrepreneurial ventures.
One of my all-time favorite authors is Nassim Nicholas Taleb. So, when I learned about his yearly summer school on risk-taking (RWRI), I was immediately interested.
It is a 10-day seminar consisting of lectures from influential thinkers and practitioners across many domains, including Nassim Taleb (author), Robert Frey (Mathematician, partner at RenTech), Raphael Douady (mathematician, quant), Yaneer Bar-Yam (physicist, complexity scientist), Stephen Wolfram (physicist, entrepreneur), and many more.
Since I cannot comprehensively review the course content (too much), I will focus on the 6 points that were most salient to me (at this point).
1) Lindy Effect
The longer you survive, the longer you’ll last
