FAT TAILS is the book I am co-writing together with Prof. Nassim Taleb (NYU and The Real World Risk Institute).
It is a book dealing with the logic and the statistics of fat-tailed events, i.e. those events that are extremely far from the mean and the median in terms of magnitude, and/or rare in terms of occurrence over time.
The book is meant for all those aiming at knowing more about fat-tails, black swans and extremes, in a rigorous yet accessible way. It is part of the so-called Fat Tails Statistics Project.
The book will contain a lot of graphs, heuristics and intuitions. The slideshow above gives you a partial idea of the graphical flavor.
The mathematical part will be used to make things clearer and not to scare the reader.
On this page I will soon start posting preliminary materials, graphs, videos, etc.
Come back often to check! You will not regret it.
We are sure you will love our book.