STORYBOARD · Home · ref: Stripe Press
Nassim Nicholas Taleb An investigation of opacity, luck, and uncertainty
Fooled by Randomness — book cover Fooled by Randomness2001 The Black Swan — book cover The Black Swan2007 The Bed of Procrustes — book cover The Bed of Procrustes2010 Antifragile — book cover Antifragile2012 Skin in the Game — book cover Skin in the Game2018 Statistical Consequences of Fat Tails — book cover Statistical Consequences of Fat Tails2020 · The Technical Incerto

drag to browse the shelf · click a volume to open

The Incerto · Five volumes · Read in any order

One investigation, five books.

“A philosophical and practical essay on uncertainty… expressed in the form of a personal essay with autobiographical sections, stories, parables, and philosophical, historical, and scientific discussions, in nonoverlapping volumes that can be accessed in any order.”

— his own definition, verbatim. Published in 49 languages.

  1. I

    Fooled by Randomness2001

    The hidden role of chance in the markets and in life.

  2. II

    The Black Swan2007

    The impact of the highly improbable.

  3. III

    The Bed of Procrustes2010

    Philosophical and practical aphorisms.

  4. IV

    Antifragile2012

    Things that gain from disorder.

  5. V

    Skin in the Game2018

    Hidden asymmetries in daily life.


Statistical Consequences of Fat Tails — The Technical Incerto, Vol 1
The Technical Incerto · Vol 1 · 2020

Statistical Consequences of Fat Tails

Real-world preasymptotics, epistemology, and applications. The mathematical backbone of the Incerto — more than 70 technical and scholarly papers stand behind the essays.

He put the mathematics where anyone can read it: the full book is free on ArXiv.

Essays & the Notebook

The writing between the books.

His best long-form has been hiding in plain sight — buried in a 1998-era page. Here it becomes a library: structured, readable, and finally legible to search engines and AI.

Long-form

The Philosophical Notebook

Opacity — 430 KB of essays and working notes on Lindy, rationality, probability, and the classics. The deepest content he has ever published, now a real reading experience.

Read the Notebook
Essays · Medium

Incerto essays

The essay series that extends the books — including “What do I mean by Skin in the Game? My own version.”

medium.com/incerto
In his words

Reviewing the Reviewers

“Putting skin in their game.” He reviews those who review him — the asymmetry, corrected.

Read the reviews

A Glossary of Talebisms

Words he had to invent.

Coinages that escaped the books and entered the language. Each term links to the volume that introduced it.

Black Swan
A highly improbable event with three properties: it is unpredictable, it carries massive impact — and afterward, we concoct an explanation that makes it seem less random than it was.
From The Black Swan (2007)
Antifragile
Beyond resilient or robust. The resilient resists shocks and stays the same; the antifragile gets better — it gains from disorder, volatility, and stressors.
From Antifragile (2012)
Lindy
For the nonperishable — an idea, a book, a technology — every additional day of survival implies a longer remaining life expectancy. Time is the only honest reviewer.
From Antifragile · developed in the Notebook
Skin in the Game
Symmetry in risk: never trust anyone with the upside of a decision who does not also carry its downside. Advice without exposure is noise.
From Skin in the Game (2018)
Procrustean bed
After the innkeeper who stretched or amputated guests to fit his bed: changing the human to fit the model, instead of the model to fit the human.
From The Bed of Procrustes (2010)
IYI — Intellectual Yet Idiot
The credentialed semi-erudite who tells others what to do without ever bearing the consequences of being wrong.
From Skin in the Game (2018)

Research & Teaching

“From the practical to the philosophical to the mathematical.”

The conventional route, traveled in inverse sequence — his words. The scholarship that backs the essays, and the places he teaches it.

Papers

ArXiv

70+ technical and scholarly papers on fat tails, precaution, and risk — the working mathematics behind the Incerto, in the open.

arxiv.org/a/taleb_n_1
Teaching Real World Risk Institute

Real World Risk Institute

His real-world risk-taking program — practitioners taught by practitioners, not lecturers.

realworldrisk.com
Lectures

Probability MOOC

Mini-lectures on probability, fat tails, and statistical intuition — free, on his YouTube channel.

Watch on YouTube

The Bio · “No fluffy stuff, no honors, ranks, etc.”

Twenty-one years a risk taker. Then the ideas.

Nassim Nicholas Taleb spent 21 years as a quantitative trader — closing 650,000 option transactions and examining 200,000 risk reports — before changing careers in 2006–2010 to become a scholar, mathematical researcher, and philosophical essayist. He “traveled the conventional route in inverse sequence — from the practical to the philosophical to the mathematical.”

Distinguished Professor of Risk Engineering at NYU Tandon (retired). Scientific advisor at Universa Investments. He refuses all honors and anything that “turns knowledge into a spectator sport.”

“Flaneur: probability (philosophy), probability (mathematics), probability (real life), Phoenician wine, deadlifts & dead languages. Greco-Levantine. Canaan.” — his own bio, on X

“The book was not submitted to any reviewer. There was no U.S. book tour, no promotion, no advance copies, just a single lecture in NYC. Yet it mysteriously opened at #2 on the NYT bestsellers list.” — on Skin in the Game, from his site
5 + 1Incerto volumes, plus the Technical Incerto
21 yrsas a derivatives trader before the books
650,000option transactions closed
200,000risk reports examined
49languages in print
70+technical & scholarly papers
#2NYT debut — with zero promotion
0honors accepted, by policy
Unsolicited concept redesign by Keep Pivoting — not affiliated with, endorsed by, or authorized by Nassim Nicholas Taleb. See the official site → fooledbyrandomness.com