Nassim Taleb

Like him or hate him, the author of The Black Swan does provide a unique and interesting perspective. Here is his entire presentation to the Long Now foundation from early 2008, a few short months before everything starting collapsing, and, in many ways some would say, proving him right. Of particular note: Taleb's personal disdain for "experts" of all sorts, is second only to that of Buffett and Munger.

Now you can pretend you have read Fooled By Randomness and The Black Swan (on the other hand if you want to pretend you can use the word Heteroscedasticity in a sentence you will need to wait for RIEF's next apologetic letter explaining how minimizing portfolio drawdown is so much more important than actually generating P&L)

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.”

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.”

Nassim Taleb of Black Swan and fat tail fame, has created a Facebook site called "Make Bankers Accountable." It is feasible that this could become the 21st equivalent of the million man march on Washington. We fully endorse the initiative. Maybe eventually Obama will realize just how angry the general public is becoming.

Nassim Taleb of Black Swan and fat tail fame, has created a Facebook site called "Make Bankers Accountable." It is feasible that this could become the 21st equivalent of the million man march on Washington. We fully endorse the initiative. Maybe eventually Obama will realize just how angry the general public is becoming.