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re: Taleb goes into self-imposed exile

Posted on 11/30/09 at 10:47 pm to
Posted by Tiger4Ever
Member since Aug 2003
36703 posts
Posted on 11/30/09 at 10:47 pm to
quote:

wizard of smart


This screen name needs to be taken from you and reserved for Taleb's joining the Money Talk board.
Posted by wizard of smart
Member since Feb 2009
1546 posts
Posted on 11/30/09 at 11:10 pm to
Good one.

I take it you folks hang on to this guy's every word because he wrote a book about a black swan. What's the point of reading about a black swan if you can't see them coming anyway, much less spending part of your life writing about it. Sounds like an a-hole

Anyway, from here
quote:

Companies who made mistakes and fragilized the system are being subsidized by the countercyclical ones who make it more robust.

Sucks, but how are you going to fix it without causing pain for everyone?

From JT's link

quote:

I need to withdraw as immediately as possible

But not before I write this
quote:

bet on the next mistake by Bernanke, Summers, and Geithner

What a pompous a-hole
quote:

(briefly) emerge from my hiatus

To promote his book and his self. Looks like he's got a few followers hook, line, and sinker
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