Nassim Nicholas Taleb

Nassim Nicholas Taleb
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Nassim Nicholas Taleb
Nassim Nicholas Taleb is a Lebanese-American author and scholar specializing in studying problems related to uncertainty, probability, and randomness. He was born in Amioun, Lebanon, in 1960 to Minerva Ghosn and Nagib Taleb: his family has a monarchial history of wealth and political influence that stretches back to his great-great-great-grandfather, who was the governor of Mount Lebanon back in 1866 (Nast, 2002). His affluent background allowed him to attend the 'Grand Lycee Franco-Libanais,' a well-respected French lycee (a term employed in the French education system to refer to the sixth form of college) Beirut. Nassim Nicholas Taleb went ahead to earn his bachelor's degree and master's degree from the University of Paris in France. In 1983, the Lebanese-American author and scholar gained his MBA from the Wharton School of the University of Pennsylvania in Philadelphia, the U.S. Fifteen years later, he secured a doctorate in management science from the Paris Dauphine University where he majored in mathematical finance and wrote the essay "The Microstructure of Dynamic Hedging" under the tutelage of French scholar Helyette Geman (MacTutor, 2020).
Nassim Nicholas Taleb did not set out to be an author and scholar but first started as a derivatives trader for The First Boston Corporation, a New York-based bulge bracket investment firm, where he was relatively successful. He managed to earn huge profits for the bank, notably when the stock market slumped in October 1987. The Lebanese-American author and scholar would later collaborate with Mark Spitznagel, an American hedge fund manager and financier investor, to found the hedge-fund company Empirica Capital LLC in 1999. During their partnership, Nassim Nicholas Taleb founded the Black Swan Strategy. This trading strategy would prove profitable when the NASDAQ plummeted in 2000. The Lebanese-Americ...