Nassim Taleb, a professor at New York University and author of "The Black Swan: The Impact of the Highly Improbable," talks with Bloomberg's Erik Schatzker about the May 6 stock market selloff and his investment strategy. Taleb also discusses the drivers for the financial crisis, the U.S. economy and the performance of Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben S. Bernanke.
H/T The Big Picture
Finance Focus
The Big Picture
Stochastic Claims Reserving Methods in Insurance
Mario V. Wüthrich and Michael Merz
With the advent of solvency II it is essential that all actuaries can estimate the variability of outstanding claims on the balance sheet. This book is the only book that covers all the mathematical theory and practice that actuaries need in order to meet this legal requirement.
ISBN: 9780470723463 - 18-Apr-08 - £70.00
