• Vitaliy Katsenelson
    10/03/2015 - 18:26
    Any money manager, whether he is managing separate accounts or a mutual fund, will go through stretches where he looks smarter or dumber than he really is, though his IQ hasn’t actually changed.

Black Swan

Tyler Durden's picture

Quote Of The Day From Nassim Taleb "A Return To Normalcy Would Be Black Swan"

The Vice Chairman of Doom, Nassim Taleb, was very eloquent today, claiming the next Black Swan event would be "for us to emerge out of this unscathed and return to normalcy. Compared with the Great Depression, this crisis is very different, and it requires much more drastic action.”

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