Click arrow to listen Christopher Lydon / Nassim Taleb telephone interview. Link to source and synopsis. 3. On bailouts: My analogy is to the gambler who is now gambling with the trust fund of his unborn great-great-granchildren… Prudence should be the first thing on the agenda of governments, not speculation. Stimulus packages are speculation… [...]
HatTip to Dave Lull. ai5000 interviews Nassim TalebThis is a link to the streaming video (which wasn’t playing very well the day I discovered it. Just added the YouTube links). So I made an audio recording of it. You’ll hear a few skips and pops and the last few seconds of the video wouldn’t [...]
Filed in Audio, Contributors, John, Video
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Also tagged ai5000, Audio, avoid clustering, cash, collection of currencies and metals, etfs, Investing, low leverage, mediterranean real estate, Nassim Nicholas Taleb, over-insured, rare events
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HatTip to EG! NNT was also on CNBC yesterday. The interviewers get in the way somewhat but it’s worth watching.
Filed in Investing, John, Video
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Also tagged agricultural land, bernanke, collection of metals, contage, David Cameron, debt, dollar, euro, failed option, flash crash, fraudsters, Geithner, hard assets, hyperinflation, long term interest rates, moral hazard, nassim taleb, negative advice, Summers, treasury bonds, Universa
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Certainly resonates with the current situation.
This title was released on May 11, 2010. Order Here. I’m on my third reading, not to mention having listened to the audio book twice, so I wasn’t sure about getting the second edition. But in his Hard Problems talk, NNT mentions having become obsessed with robustness, and that accounting for the additional 100 pages… [...]