Taleb on the financial markets

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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Citibank CEO Vikram Pandit on Charlie Rose last night

Journalist and TV talk show host Charlie Rose ...

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Yesterday I posted about how the current financial crisis was an opportunity to learn about how the global financial markets function. Another great resource for digging deeper is Charlie Rose‘s show on PBS. Last night he had Citibank CEO Vikram Pandit on for the hour.  As one would expect from a CEO of a major financial institution, Pandit doesn’t offer much of a mea culpa, however he does offer some insight into the causes of the current crisis.  Pandit arrived at Citi a about a year ago, and began to deal with a mess that had been created when Citi merged with the Travelers Group.  It’s an excellent interview:

SAJAforum has a full transcript of the interview.

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A good post about the challenges, and fun, of being an Entrepreneur in Residence

Andrew Chen, who’s blog is a new addition to my regular feed, has a nice post about being an E-i-R and what he learned from working inside a Venture Capital firm.

I spent most of 2007 affiliated with Mohr Davidow Ventures, where I started out as an Entrepreneur-in-Residence, and then transitioned into a consulting role about mid-way through the year. It was a great experience –

Read his post here: Futuristic Play by Andrew Chen: Quick professional update, and what an Entrepreneur-in-Residence actually does