Nassim Taleb on Occupy Wall Street

reminiscences of a stock operator pdf

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.”

For exclusive info on hedge funds and the latest news from value investing world at only a few dollars a month check out ValueWalk Premium right here.

Multiple people interested? Check out our new corporate plan right here (We are currently offering a major discount)