N N Taleb's Probability Questions (UNOFFICIAL) cover image

Nassim Taleb and Scott Patterson discuss "Chaos Kings", Part 2 (2024)

N N Taleb's Probability Questions (UNOFFICIAL)

00:00

Fire-Analogy: Suppressing Small Fires Creates Tinder

Scott and Nassim use forest-fire analogies to explain how preventing small defaults builds systemic risk for big disasters.

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