Nassim Nicolas Taleb

Lebanese-American, trained as a statistician, traded for various high-profile financial houses, became independently wealthy due to profits made on trades during the 1987 crash, has subsequently written a number of books on the tendency of modern quantitative finance to underestimate the frequency of rare events, with disastrous consequences.

Library of Economics & Freedom, interview by Russ Roberts

another podcast

NYTimes article by Malcolm Gladwell on Taleb and Victor Niederhoffer.

Algorithmics - Quantitative Risk Analysis in RSA

Algorithmics RSA
Company WebSite
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mBendi Entry
Hot Frog Entry - Doesn't Work


Toronto/London/Johannesburg - April 9, 2008 - Algorithmics today announced that Nedbank has received Advanced IRB approval for credit risk capital requirements under Basel II from the South African Reserve Bank (SARB). This makes Nedbank one of only three banks in South Africa to be granted A-IRB approval for credit risk, the first banks to be granted this status by the SARB.