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...risk.But VaR modeling does not describe events that occur the other 1 percent of the time. In the New York Times best-seller “The Black Swan: The Impact of the Highly Improbable,” Nassim N. Taleb, who has held positions at Columbia, Wharton, and NYU, argues that these events—which he dubs “black swans”—are the most important determinants of the course of history. Models that fail to account for them are all but useless. Even so, Merton insists that the “degree...
...hard work put into the season by both coach and players paid off, as Harvard earned a share of the EIVA Hay Division title, going 6-2 in conference play while defeating league foes East Stroudsburg, NYU, and Rutgers-Newark along the way. Topping it all off for the turnaround effort was the Crimson’s first appearance in the playoffs since the 2004-05 season...
John told me of his indiscretion on Dec. 30, 2006, after returning from a tour to announce that he was running for President. Before the announcement tour he had asked my brother to come with him to film it, since Jay taught film at the graduate film school at NYU, but when Jay found out another videographer was coming whether he came or not, Jay said no. Now the announcement tour was over and we were sitting in our family room, John telling us about the response in the various cities. John pulled Jay aside and asked him again...
...insert financial firm with head above water here] will gleefully devote 90-hour weeks to their firms, returning to their apartments only to shower and sleeping under their desks for approximately 90 minutes per 24 hours. Budding musicians and aspiring journalists will set up camp in Williamsburg or at NYU housing, hoping to work up enough hipster cred to create a cleverly named tumblr that people might actually read. Finally, there is the PBHA wunderkind-turned-activist. These heroes of the summer score public-service fellowships that allow them to live in the city for three months and devote time...
...Life”—along with seven other modern thinks, including University of Chicago professor Martha Nussbaum, “Empire” author Michael Hardt, and feminist post-structuralist Judith Butler. Despite her experience, Taylor reveals her anxieties about making philosophical film in a conversation with NYU professor Avital Ronell, the first onscreen thinker after “Matrix Revolutions” celebrity-philosopher Cornel West.Philosophical thinking has traditionally taken place in the written form, which gives both its deliverer and its audience enough time to explore ideas in-depth and parse out the details...