You are listening to the DFJ Entrepreneurial Thought Leaders series, brought you weekly by the Stanford Technology Ventures Program.

You can find podcasts and videos of these lectures online at eCorner.standford.edu.

Today's speaker is a wonderfully special guest to Stanford.

He came to us from New York, but he's been flying all over the world.

Nassim Taleb is a, with a trader on Wall Street, where he spent 21 years really understanding

the financial markets, and then he became a scholar. He has written

three books. Is it three books? Five books. Five books. Okay, sorry. Five books. The ones

I know about are fooled by randomness, the Black Swan and Anti-Fragile. These books have

been translated into 33 different languages.

He has been considered one of the hottest thinkers in the world.

Please join me in a warm welcome for Nassim.

Thanks.

Thank you very much.

Thanks a lot.

So I'm going to be a Thanks a lot.

So I'm going to be, this lecture corresponds to book four of antifragile.

So I've written a book that has different sections.

The principal one at the end is about ethics.

And there's one on optionality, we're going to be talking about as innovation as optionality I have to explain what option is what innovation is all that within I guess

45 minutes and then we can take questions but please during the Q&A out of respect

for the other person don't make a lecture because it takes

time away from the other person who wants to ask another question. So the next 45 minutes

...