Nassim Taleb: "The Fed's Business Is Price Instability"

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Fri, 11/12/2010 - 12:45 | 722292 Mr Lennon Hendrix
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What will you have wished you had done before you die?

Fri, 11/12/2010 - 12:47 | 722301 CheapKUNGFU
CheapKUNGFU's picture

If we are talking women? I guess I would have to say 'filled  more input gaps'

Economy? Bought more gold at $325.00



Fri, 11/12/2010 - 13:00 | 722376 tmosley
tmosley's picture

Behead a central banker with an axe.

Fri, 11/12/2010 - 13:06 | 722399 hugolp
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Fri, 11/12/2010 - 16:54 | 723267 kiwidor
kiwidor's picture

you may get your chance shortly...

Fri, 11/12/2010 - 22:11 | 724008 mojine
mojine's picture

Off with their heads! They're not using them, anyway.

Sat, 11/13/2010 - 10:40 | 724637 Dental Floss Tycoon
Dental Floss Tycoon's picture


Mon, 11/15/2010 - 12:41 | 727706 Morbo
Morbo's picture

Aren't you supposed to use a leaded shaft or wooden stake to the heart?

Fri, 11/12/2010 - 13:02 | 722386 redpill
redpill's picture

Jessica Alba for sure

Fri, 11/12/2010 - 13:19 | 722446 JLee2027
JLee2027's picture

Best answer by far.

Fri, 11/12/2010 - 13:20 | 722450 mule65
mule65's picture

I would like to see a 10% flash crash without recovery in the face of Benron Bermonkey and the F'n POMO coattail pseudo bulls.  Wishful thinking, I know.

Fri, 11/12/2010 - 12:46 | 722294 troublesum
troublesum's picture

sorry to take the first spot for someting unrelated but does anyone have any answer to why Mish's Blog site is removed?

Fri, 11/12/2010 - 12:48 | 722303 Spalding_Smailes
Spalding_Smailes's picture

Fuck Mish, next.

Fri, 11/12/2010 - 12:48 | 722311 CheapKUNGFU
CheapKUNGFU's picture

ok, quick sideline to Mish...

Investor for 17 years, runs his on fund for 12 years, blogs for 3 years, disappears without warning... my suspicion... HACKED

All your bloggers are belong to us, make your time...


Fri, 11/12/2010 - 13:15 | 722428 sbenard
sbenard's picture

That seems to be the most likely explanation! Amazing!

But do you think they hacked him, then deleted his blog? Is that what you think is likely to have occurred? If so, then he will probably be back within a few days?

He must be pissed as hell!

...or is all this even more sinister? I don't know!

Fri, 11/12/2010 - 13:50 | 722580 Raging Debate
Raging Debate's picture

Hackers would have had to hack Google itself. Good luck with that theory. His site is back up in any event.

Fri, 11/12/2010 - 13:38 | 722533 azengrcat
azengrcat's picture

He had some harsh words for Google and their double dutch irish tax evasion sandwiches.  Not a good idea when you are using the Google Blogger platform for your blog.

Fri, 11/12/2010 - 13:52 | 722586 Raging Debate
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I was thinking the same things when I saw his site down.

Fri, 11/12/2010 - 12:56 | 722355 tonyw
tonyw's picture

my guess is he's a bit busy and forgotten to pay for something:-)


Fri, 11/12/2010 - 13:36 | 722525 OpenEyes
OpenEyes's picture

his blog just came back online about 5 minutes ago

Fri, 11/12/2010 - 14:20 | 722686 Waubay
Waubay's picture

I'm sure that if his site comes back up Mish will find a way to blame it on the public unions.

Fri, 11/12/2010 - 12:49 | 722313 Rusty Shorts
Fri, 11/12/2010 - 13:22 | 722462 SRV - ES339
SRV - ES339's picture

Posted on Max's site... take JPM down... buy silver!

Fri, 11/12/2010 - 12:50 | 722324 NOTW777
NOTW777's picture

AAPL flash crash

did you get some at 212

Fri, 11/12/2010 - 12:53 | 722343 HarryWanger
HarryWanger's picture

Was there really an AAPL flash crash?? I just brought up the tick chart and don't see it.

Fri, 11/12/2010 - 13:11 | 722416 espirit
espirit's picture

Bought all I could at 215. Am now retiring to Tahiti. lol

Fri, 11/12/2010 - 13:12 | 722417 Dr. No
Dr. No's picture

stockcharts show it.  My broker showed it to $212.52.  But in thlae st 5 minutes, it looks like it was edited and the quote no longer shows it.  COVER UP!!!

Fri, 11/12/2010 - 15:25 | 722566 cougar_w
cougar_w's picture

Goog Finance is showing 212 in the range. Heh. Someone's got some 'splain'n to do.

At times like this I like to post a link to my "flash crash" story. It's fictional but I want you to think about Fortran (the one with boobs) swinging the market 20% on either side of the average to make a buck, nuking the HFT algos, branching and then setting fire to the GS co-lo, and the Exchange keeping the whole thing under their hat. No flash crash here folks. Oh hum just another day.

Fun times. Fun times.

Fri, 11/12/2010 - 18:22 | 723523 Sokhmate
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Fortran is quite the babe, even with the blue skin.

Fri, 11/12/2010 - 12:52 | 722340 NOTW777
NOTW777's picture

paging Mr. Sack

Fri, 11/12/2010 - 12:52 | 722341 Spalding_Smailes
Spalding_Smailes's picture

Harry whats up with SSO ?

Fri, 11/12/2010 - 12:55 | 722351 HarryWanger
HarryWanger's picture

I'm long at 43.62. It'll be fine. If not, I'll take a my loss. I trade with very tight stops on these leveraged ETFs. Should turn this afternoon.

Fri, 11/12/2010 - 13:03 | 722390 Spalding_Smailes
Spalding_Smailes's picture

Just bust'n, thanks for heads up though a good etf for pomo days ....

Fri, 11/12/2010 - 12:54 | 722348 Pladizow
Pladizow's picture

Obviously brilliant but needs a speech coach!

Fri, 11/12/2010 - 13:29 | 722489 citationneeded
citationneeded's picture

I am thrilled you changed your avatar.

Fri, 11/12/2010 - 22:22 | 724022 BrosMacManus
BrosMacManus's picture

The one with Bawney Fwank weirds me out. Sharp fellow, that poster, but his/her avatar is creepy....

Fri, 11/12/2010 - 14:19 | 722679 Virginian
Virginian's picture

Would you mind if I "borrowed" your old avatar for a bit?

Fri, 11/12/2010 - 16:42 | 723236 I Am The Unknow...
I Am The Unknown Comic's picture

Tell your tits to stop staring at me.

Fri, 11/12/2010 - 12:54 | 722349 truont
truont's picture

Just like a ketchup bottle that you pour and nothing comes out. And then you make a statement like Bernanke saying you have evidence that this is working, that there is no risks, and then suddenly, just like an out of money option, the whole ketchup coats your French fries, everything, the whole table, your face, everything.”

I like this guy!  Way to go, fat tails!

Fri, 11/12/2010 - 12:56 | 722354 williambanzai7
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Fri, 11/12/2010 - 12:58 | 722362 Spalding_Smailes
Spalding_Smailes's picture

Please some  flair nature boy.........Wooooooooooooooooooooooooo

Fri, 11/12/2010 - 13:14 | 722424 espirit
espirit's picture


Please provide advance notice of such graphic posts, I just lost my lunch.

Fri, 11/12/2010 - 12:58 | 722364 hedgeless_horseman
hedgeless_horseman's picture

Cod piece.  Clearly.

Fri, 11/12/2010 - 13:19 | 722447 kathy.chamberli...'s picture

s i m p l y  gross, william

get that ape a wax job.

Fri, 11/12/2010 - 13:20 | 722449 LMAO
LMAO's picture


Just a thought. Is Taleb by any chance Bernanke's Evil twin brother, parted at birth. I mean, the resemblance is striking.


Fri, 11/12/2010 - 13:28 | 722483 williambanzai7
williambanzai7's picture

I noticed that as well ;-)

Fri, 11/12/2010 - 13:53 | 722590 LMAO
LMAO's picture

There must be a story here!

Jewish mother - Arab father kinda Nemesis for life.

Look at their background, it's uncanny

The suspense is a killer, the plot ultimately leading to the conflict of all conflicts.




Fri, 11/12/2010 - 21:35 | 723881 i-dog
i-dog's picture

"Jewish mother - Arab father"

Source please?

From Wiki:


"His political Greek Orthodox Levantine family saw its prominence and wealth reduced by the Lebanese Civil War which began in 1975.


On his mother's side, his grandfather Fouad Nicolas Ghosn and his great-grandfather Nicolas Ghosn were both deputy prime ministers of Lebanon. His paternal grandfather was a supreme court judge;"

Doesn't sound too jewish or arab to me ... more like pure Lebanese Christian.

Sat, 11/13/2010 - 11:37 | 724680 kaiserhoff
kaiserhoff's picture

Vaguely right, but I'm sure Taleb would prefer "phoenician".  His roots and understanding of the culture go back to the misty dawn of civilization.

Fri, 11/12/2010 - 13:33 | 722507 Max Hunter
Max Hunter's picture

I always thought that about Krugman and BB..

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