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

Hedging Tails Is Cheap and Practical

Nassim argues that tail hedges are inexpensive relative to potential ruin and explains incentives causing firms to sell tails.

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