Nassim Taleb

It's A 'Turkey' Market

"You can try and fool yourself that weak earnings growth, low interest rates and high-valuations are somehow are justified. The reality is, like Turkeys, we will ultimately be sadly mistaken and learn a costly lesson..."

How Broke Is The House Of Saud?

"It all paints a very dark picture for the world... Russia won’t stand for attacks on Iran. And Iran won’t let attacks on Lebanon/Hezbollah go unanswered. All that is set to push up oil prices further, and all parties involved are just fine with that. Because they can buy more weapons with the additional profits."

Bitcoin Core Developer Explains Bitcoin's Value

"It’s the developers that give any coin or ecosystem the antifragile quality... You’re not going to be able to inflate it in any way. Bitcoin is sound money because there is a fixed supply limit and demand is always increasing. "

One Statistics Professor Was Just Banned By Google: Here Is His Story

"We are going to be looking back on this time in Google’s history and those of other social media and know that they have done some very immoral and confusing things, and it has hurt their public reputation with decent people who wanted to grow into the next future with them..."

"The Western Status Quo Political System Is Collapsing Into 'Something Else'"

"...as the Western status quo political system collapses into Something Else, how is it possible that our capital markets are not similarly gripped by volatility and stress? What is responsible for breaking the transmission mechanism from political risk to market risk? I’ve got a macro answer and I’ve got a micro answer..."

Nassim Taleb Crushes The 'Merchants Of Virtue'

Virtue without courage is an aberration: in fact you see cowards endorsing a public face of “virtue” as defined by the mainstream media, because they are afraid of doing otherwise. Their cowardice leads them to avoid association with, say anti-Al Qaeda in Syria because some Saudi shill will accuse them of Putinism, racism, anti-democracy, or some accusation that will cause ostracism.