Sixteenth-century Italian mathematician Girolamo Cardano’s Book on Games of Chance, one of the first published texts on how to quantify risk, describes how its author repeatedly threw dice to ...

Just in time for the global financial crisis, EurasiaGroup president Ian Bremmer has a new book. Co-authored with Preston Keat, it is called Fat Tail, and it deals with one of the most complicated ...

Nassim Nicholas Taleb, the renowned author of The Black Swan, has issued a critique of Treasury Secretary Scott Bessent, arguing that the administration's economic projections regarding the escalating ...

Stock market returns are overwhelmingly driven by a small group of winners. We expect the same trend in digital assets. Between 1926 and 2016, just five out of 25,300 publicly traded companies drove ...

BTC's options market shows increased expectations for fat tails or outliers impacting returns. Speculation is rife that Trump may announce a bigger role for BTC in the U.S. financial system, according ...