Taleb on the financial markets

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Image by eirikso via Flickr

Nassim Taleb was on Charlie Rose this past Wednesday, and I just got around watching the interview. I wish Charlie had scheduled Taleb for the entire hour. Last week I wrote about the current financial crisis being an opportunity to learn about how financial markets function, and I referred to the fact that I’d been lucky in dodging the major collapse of the past few months. Not all of it was luck, much had to do with Taleb’s thinking as revealed in his book ‘The Black Swan‘. If you haven’t read it yet, add this book to the top of your list. And, if you can stomach a sobering reality check, watch the interview here:

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