Nassim Taleb on Occupy Wall Street

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Nassim Taleb on Occupy Wall Street

Nassim Taleb on Occupy Wall StreetGreat video from Bloomberg, hat tip to Farnam Street and Reformed Broker  Here’s Nassim Taleb (Mr. Black Swan) on bankers and Occupy Wall Street…

“Hammurabi’s code, ~3800 years ago, removed the agency problem as a condition for transaction: “If a builder builds a house and the house collapses and causes the death of the owner – the builder shall be put to death. If it causes the death of the son of the owner , a son of that builder shall be put to death.”Everything in past 100 years has been to shield managers from liabilities. Think of Fukushima.”

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Charlie Munger’s Advice For Finding The Best Investments

Charlie MungerWhen it comes to finding future business champions, Warren Buffett and Charlie Munger have really excelled over the past seven decades. Q3 2021 hedge fund letters, conferences and more One could argue that these two individuals are some of the best growth investors of all time, thanks to their ability to spot companies like Coca-Cola Read More

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