The Bed of Procrustes
Author: Nassim Nicholas Taleb
Publisher: Random House
Bed of Procrustes is a standalone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand. The other books in the series are Fooled by Randomness, The Black Swan, Antifragile, and Skin in the Game. By the author of the modern classic The Black Swan, this collection of aphorisms and meditations expresses his major ideas in ways you least expect. The Bed of Procrustes takes its title from Greek mythology: the story of a man who made his visitors fit his bed to perfection by either stretching them or cutting their limbs. It represents Taleb’s view of modern civilization’s hubristic side effects—modifying humans to satisfy technology, blaming reality for not fitting economic models, inventing diseases to sell drugs, defining intelligence as what can be tested in a classroom, and convincing people that employment is not slavery. Playful and irreverent, these aphorisms will surprise you by exposing self-delusions you have been living with but never recognized. With a rare combination of pointed wit and potent wisdom, Taleb plows through human illusions, contrasting the classical values of courage, elegance, and erudition against the modern diseases of nerdiness, philistinism, and phoniness. “Taleb’s crystalline nuggets of thought stand alone like esoteric poems.”—Financial Times
Author: Nassim Nicholas Taleb
Publisher: Random House Incorporated
Shares insights into how adversity can bring out the best in individuals and communities, drawing on multiple disciplines to consider such topics as the superiority of city states over nation states and the drawbacks of debt.
Author: Nassim Taleb
Publisher: John Wiley & Sons
Dynamic Hedging is the definitive source on derivatives risk. Itprovides a real–world methodology for managing portfolioscontaining any nonlinear security. It presents risks from thevantage point of the option market maker and arbitrage operator.The only book about derivatives risk written by an experiencedtrader with theoretical training, it remolds option theory to fitthe practitioner′s environment. As a larger share of marketexposure cannot be properly captured by mathematical models, notedoption arbitrageur Nassim Taleb uniquely covers both on–model andoff–model derivatives risks. The author discusses, in plain English, vital issues,including: The generalized option, which encompasses all instruments withconvex payoff, including a trader′s potential bonus. The techniques for trading exotic options, including binary,barrier, multiasset, and Asian options, as well as methods to takeinto account the wrinkles of actual, non–bellshapeddistributions. Market dynamics viewed from the practitioner′s vantage point,including liquidity holes, portfolio insurance, squeezes, fattails, volatility surface, GARCH, curve evolution, static optionreplication, correlation instability, Pareto–Levy, regime shifts,autocorrelation of price changes, and the severe flaws in the valueat risk method. New tools to detect risks, such as higher moment analysis,topography exposure, and nonparametric techniques. The path dependence of all options hedged dynamically. Dynamic Hedging is replete with helpful tools, market anecdotes,at–a–glance risk management rules distilling years of market lore,and important definitions. The book contains modules in which thefundamental mathematics of derivatives, such as the Brownianmotion, Ito′s lemma, the numeraire paradox, the Girsanov change ofmeasure, and the Feynman–Kac solution are presented in intuitivepractitioner′s language. Dynamic Hedging is an indispensable and definitive reference formarket makers, academics, finance students, risk managers, andregulators. The definitive book on options trading and risk management "If pricing is a science and hedging is an art, Taleb is avirtuoso." –Bruno Dupire, Head of Swaps and Options Research,Paribas Capital Markets "This is not merely the best book on how options trade, it isthe only book." –Stan Jonas, Managing Director, FIMAT–SocietyGARCH "Dynamic Hedging bridges the gap between what the besttraders know and what the best scholars can prove." –WilliamMargrabe, President, The William Margrabe Group, Inc. "The most comprehensive, insightful, intuitive work on thesubject. It is instrumental for both beginning and experiencedtraders."– "A tour de force. That rare find, a book of great practical andtheoretical value. Taleb successfully bridges the gap between theacademic and the real world. Interesting, provocative, wellwritten. Each chapter worth a fortune to any current or prospectivederivatives trader."–Victor Niederhoffer, Chairman, NiederhofferInvestments
Author: Joan Sales
Publisher: Quercus Publishing
SPAIN, 1937. Posted to the Aragonese front, Lieutenant Lluís Ruscalleda eschews the drunken antics of his comrades and goes in search of intrigue. But the lady of Castel de Olivo - a beautiful widow with a shadowy past - puts a high price on her affections. In Barcelona, Trini Milmany struggles to raise Lluís' son on her own, letters from the front her only solace. With bombs falling as fast as the city's morale, she leaves to winter with Lluís' brigade on a quiet section of the line. But even on 'dead' fronts the guns do not stay silent for long. Trini's decision will put her family's fate in the hands of Juli Soleràs, old friend and traitor of easy conscience, a philosopher-cynic locked in an eternal struggle with himself. Joan Sales, a combatant in the civil war, distilled his experiences into a timeless story of thwarted love, lost youth and crushed illusions. A thrilling epic that has drawn comparison with the work of Dostoevsky and Stendhal, Uncertain Glory is a homegrown counterpart to classics such as Homage to Catalonia and For Whom the Bell Tolls.
Skin in the Game
Author: Nassim Nicholas Taleb
The phrase "skin in the game" means that you do not pay attention to what people say, only to what they do, and to how much of their necks they are putting on the line. This willingness to accept one's own risks is an essential attribute of people in all walks of life. Taleb challenges long-held beliefs about those who control our military, finances, religions, and so much more-- and shows how "skin in the game" applies to all aspects of our lives.
A thrilling nonfiction tour of the cosmos that brings the universe down to Earth, from one of the all-time masters of science fiction. No one makes sense out of science like Isaac Asimov. Are you puzzled by pulsars? Baffled by black holes? Bewildered by the big bang? If so, here are succinct, crystal-clear answers to more than one hundred of the most significant questions about the essential nature of the universe—questions that have fired the imagination since the beginning of history. Over the course of this fantastic voyage, the origins, the discoveries, and the stunning achievements of astronomy will unfold before your eyes. You will experience close encounters with giant planets, exploding stars, distant galaxies, and more. For anyone who has ever asked the ultimate questions, who has ever looked up at the sky and asked What in heaven is going on?, Isaac Asimov’s unique vision, skill, and authority will bring the big picture into focus. “A fine introduction to modern astronomical theory.”—Library Journal
Samir Amin remains one of the world's most influential thinkers about the changing nature of North-South relations in the development of contemporary capitalism. In this highly prescient book, originally published in 1997, he provides a powerful analysis of the new unilateral capitalist era following the collapse of the Soviet model, and the apparent triumph of the market and globalization. Amin's innovative analysis charts the rise of ethnicity and fundamentalism as consequences of the failure of ruling classes in the South to counter the exploitative terms of globalization. This has had profound implications and continues to resonate today. Furthermore, his deconstruction of the Bretton Woods institutions as managerial mechanisms which protect the profitability of capital provides an important insight into the continued difficulties in reforming them. Amin's rejection of the apparent inevitability of globalization in its present polarising form is particularly prophetic - instead he asserts the need for each society to negotiate the terms of its inter-dependence with the rest of the global economy. A landmark work by a key contemporary thinker.
Author: Fiona Roberts
Create Spanish meals with this collection of paellas, accompanied by tapas, desserts, and drinks. The recipes are illustrated with full-color photography.
Author: Michio Kaku
Publisher: Oxford University Press
Reissued in new covers, this is the run-away bestseller from one of the world's leading theoretical physicists. Are there other dimensions beyond our own? Is time travel possible? Michio Kaku takes us on a tour of the most exciting work in modern physics, including research into the 10th dimension, time warps, and multiple universes, to outline what may be the leading candidate for the Theory of Everything.
The Lightness of Being
Author: Frank Wilczek
Publisher: Basic Books
Our understanding of nature's deepest reality has changed radically, but almost without our noticing, over the past twenty-five years. Transcending the clash of older ideas about matter and space, acclaimed physicist Frank Wilczek explains a remarkable new discovery: matter is built from almost weightless units, and pure energy is the ultimate source of mass. He calls it “The Lightness of Being.” Space is no mere container, empty and passive. It is a dynamic Grid—a modern ether— and its spontaneous activity creates and destroys particles. This new understanding of mass explains the puzzling feebleness of gravity, and a gorgeous unification of all the forces comes sharply into focus. The Lightness of Being is the first book to explore the implications of these revolutionary ideas about mass, energy, and the nature of “empty space.” In it, Wilczek masterfully presents new perspectives on our incredible universe and envisions a new golden age of fundamental physics.
The Moral Economy
Author: Samuel Bowles
Publisher: Yale University Press
Should the idea of economic man—the amoral and self-interested Homo economicus—determine how we expect people to respond to monetary rewards, punishments, and other incentives? Samuel Bowles answers with a resounding “no.” Policies that follow from this paradigm, he shows, may “crowd out” ethical and generous motives and thus backfire. But incentives per se are not really the culprit. Bowles shows that crowding out occurs when the message conveyed by fines and rewards is that self-interest is expected, that the employer thinks the workforce is lazy, or that the citizen cannot otherwise be trusted to contribute to the public good. Using historical and recent case studies as well as behavioral experiments, Bowles shows how well-designed incentives can crowd in the civic motives on which good governance depends.
“Goodbye, beliefs in sex differences disguised as evolutionary facts. Welcome the dragon slayer: Cordelia Fine wittily but meticulously lays bare the irrational arguments that we use to justify gender politics.”—Uta Frith, emeritus professor of cognitive development, University College London Many people believe that, at its core, biological sex is a fundamental, diverging force in human development. According to this overly familiar story, differences between the sexes are shaped by past evolutionary pressures—women are more cautious and parenting-focused, while men seek status to attract more mates. In each succeeding generation, sex hormones and male and female brains are thought to continue to reinforce these unbreachable distinctions, making for entrenched inequalities in modern society. In Testosterone Rex, psychologist Cordelia Fine wittily explains why past and present sex roles are only serving suggestions for the future, revealing a much more dynamic situation through an entertaining and well-documented exploration of the latest research that draws on evolutionary science, psychology, neuroscience, endocrinology, and philosophy. She uses stories from daily life, scientific research, and common sense to break through the din of cultural assumptions. Testosterone, for instance, is not the potent hormonal essence of masculinity; the presumed, built-in preferences of each sex, from toys to financial risk taking, are turned on their heads. Moving beyond the old “nature versus nurture” debates, Testosterone Rex disproves ingrained myths and calls for a more equal society based on both sexes’ full, human potential.
Leaders Make the Future
Author: Robert Johansen
Publisher: Berrett-Koehler Publishers
NEW EDITION, REVISED AND UPDATEDWhat are the new leadership skills needed to succeed in the decade ahead? In this second edition Bob Johansen, bestselling author and longtime CEO of the Institute for the Future, teams with the prestigious Center for Creative Leadership (CCL), not only describing and updating the 10 new essential leadership skills but also offering tools and techniques for developing and applying them.
The Man Who Wasn't There
Author: Michael Hjorth, Hans Rosenfeldt
Publisher: Random House
On the side of a mountain in Sweden, six bodies have been found. Skeletons, more precisely. These bodies were buried a long time ago. And for Sebastian Bergman that just makes the investigation into who they are, who killed them, and why, even more complex. Because Bergman has, of course, found himself on the investigating team. At first it was a chance to escape his ex-girlfriend and spend some time with his daughter, Vanja. An opportunity to try and build a relationship with her before it's too late. But soon he finds that he's more involved than he would ever want to be. And his personal life is horribly, disastrously, tangled up in it all . . .
Author: Marc Reklau
Have you ever asked yourself why some people seem to get everything easily and others don't? Do you feel like a victim of your circumstances? Are you tired of waiting for your life to change?Find out how to take control and full responsibility of your life, and how a couple of small steps every day can change everything. In this simple, fast-paced eBook you will be learning what it takes to create the life you want. It's based on science, neuroscience, positive psychology and real-life examples and contains the best exercises to quickly create momentum towards a happier, healthier and wealthier life. Thirty days can really make a difference if you do things consistently and develop new habits!30 Days is not just a book that you read. To make it work YOU have to work and do the exercises it proposes. Discover your enormous potential and…• Stop being a victim of the circumstances and start creating your circumstances• Stop waiting for the miracle to happen and become one• Stop suffering and start creating the life you want• Improve your self-confidence• Improve your relationships with your spouse, your colleagues, your boss!How much longer will you wait for your circumstances to change magically?How much longer will you ignore your power and your true potential?You can really make your dreams come true – but you have to stop talking and start acting.Your time is NOW!