TALEB KNOWS FRAGILE. AND WE ARE FRAGILE

Posted by Jack Crooks - Currency Currents

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Screen Shot 2013-10-15 at 10.54.04 AM
Screen Shot 2013-10-15 at 10.54.04 AMI’ve read Nassim Taleb’s investment books. Over the years I have watched Taleb emerge into the public eye and share investment pronouncements.  At a time, when he admittedly became “oversaturated” on TV, I had my doubts about him. [His call for almost “guaranteed hyperinflation” when the Fed started QE was quite amateurish given the powerful deflationary forces across the global economy-though the jury is still out.]  My view of him wasn’t helped when he became synonymous with the phrase “Black Swan
” because of his so named book everyone ask me if I copied him. I didn’t.  My firm was named Black Swan Capital many years before his book was released; so maybe petty jealousy played a role in my view of Nassim.  But my opinion of him changed completely after reading his latest book, a few months ago,

Antifragile: Things that Gain from Disorder

In my humble opinion the book is brilliant and establishes Taleb as one of the few grey-haired (though balding) deep thinkers out there whose original work adds to the debate.

…read Jack’s interview at Currency Currents 15 October 2013