James MarshMay 9, 2025

I know another Real World Risk is coming up. #RWRI

I want to host another session for people to get together and learn risk management concepts that might help fill in the gaps before they attend.

Based on the FRM (financial risk managers exam). Small sample below

VAR (value at risk)
ES (expected shortfall)
GARCH
Stress testing
Basic finance stuff
Hypothesis test
Lots more topics

Show threadNassim Nicholas TalebApr 3, 2023
Correction: #RWRI is July 10- 21.
Nassim Nicholas TalebApr 3, 2023

Friends, #RWRI this year is July 10-20, RWRI18. Registration, general scholarships, and women scholarships are open.
https://realworldrisk.com

With Robert, Velina, Gur, Priscilla, Arié, Trishank, Tom, Alexander, Diego, Yaneer, Pasquale, Ghassan, Brandon, & others.
[Corrected]

Real World Risk Institute

Show threadjs290Aug 14, 2021
@Hikik0m0ri_ "Only 1% of people in desk professions understand their subject matter. But 99% of prostitutes understand prostitution. #RWRI 11 (#ExpertProblem)" - Nassim Nicholas Taleb
https://twitter.com/TalebWisdom/status/1301062244382502912?s=20
Nassim Nicholas Taleb's Wisdom on Twitter

“"Only 1% of people in desk professions understand their subject matter. But 99% of prostitutes understand prostitution. #RWRI 11 (#ExpertProblem)" - Nassim Nicholas Taleb https://t.co/gfx7MU8aDt”

Twitter
js290Aug 4, 2021
@melmc "Only 1% of people in desk professions understand their subject matter. But 99% of prostitutes understand prostitution. #RWRI 11 (#ExpertProblem)" - Nassim Nicholas Taleb
https://twitter.com/TalebWisdom/status/1301062244382502912?s=20
Nassim Nicholas Taleb's Wisdom on Twitter

“"Only 1% of people in desk professions understand their subject matter. But 99% of prostitutes understand prostitution. #RWRI 11 (#ExpertProblem)" - Nassim Nicholas Taleb https://t.co/gfx7MU8aDt”

Twitter
js290Jul 19, 2021
@OrangeSoda "Only 1% of people in desk professions understand their subject matter. But 99% of prostitutes understand prostitution. #RWRI 11 (#ExpertProblem)" - Nassim Nicholas Taleb
https://twitter.com/TalebWisdom/status/1301062244382502912?s=20
Nassim Nicholas Taleb's Wisdom on Twitter

“"Only 1% of people in desk professions understand their subject matter. But 99% of prostitutes understand prostitution. #RWRI 11 (#ExpertProblem)" - Nassim Nicholas Taleb https://t.co/gfx7MU8aDt”

Twitter
Show threadjs290Jun 27, 2021

@freemo touche... the fact that you aren't also "misses the point"... "people not understanding the statistics"

“Statistics isn't about discovering correlations, it's about eliminating coincidence." -Nassim Taleb #RWRI
@yaksha @wa__em

js290Feb 26, 2020
@commandlinekid, not necessary to add. He's been livetweeting @nntaleb_bot's #RWRI 13. But, that particular tweet was good timing about market sell off. That is, the likelihood of a market selling off another 20% greatly increases after it sells off the first 20%.