Finance

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Posts tagged "Taleb"

Relax

“At one point, two former employees say, Goldman’s top management was demanding hourly profit and loss statements from certain teams [at Goldman Sachs Asset Management]..” - Richard Teitelbaum, Bloomberg News. The watched pot does not boil. The financial equivalent of...

Predicting The Next Black Swan

Of course the title is a joke as a true black swan is not reasonably predictable, at least not by more than a couple of people. Businessweek has an recent interview with Nassim Taleb whom I always enjoy reading.Here is one quote I liked; "People think ...