So long as you see the picture of Larry Summers going to Davos, you have to stay short U.S. Treasuries for another year. It means they [the Obama administration] don't know what's going on.
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"Never trust a journalist who has not lived in poverty."
"The most annoying trait in people is when they mistake their intellectual deficits for moral superiority."
"The three most addictive things in the world are heroin, carbohydrates, and a monthly salary."
"Karl Marx, a visionary, figured out that you can control a slave much better by convincing him he is an employee."
"Charm is the ability to insult people without offending them; nerdiness the reverse."
Lebanese-American probabilist and The Black Swan (2007) author whose work on tail risk and antifragility reshaped finance and policy thinking. Closely associated with Benoit Mandelbrot (fractal mathematician, Taleb's mentor figure). For an intellectual contrast, see Steven Pinker, Harvard psychologist and The Better Angels of Our Nature author — Taleb has spent the 2010s publicly attacking Pinker's data-driven 'things are getting better' optimism as naive Gaussian thinking under fat-tailed reality — the loudest public statistics argument of the decade.
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