Thursday, June 10, 2010

Nassim Taleb comes out of hiding

Nassim Taleb, one of the world's most famous investors and author of the two books "Fooled By Randomness" and "Black Swan" came out of hiding recently and made a visit to CNBC Europe where he was part of a panel interview. Some of his comments are in written form in the article on the link above and there are 2 videos also embeded on the link. Both are excellent and are worth checking out.

He continues to state that we are worse off now than when the recent crisis hit. The world is more fragile, and since the leaders who got us in this mess are still in power, you cannot have any trust in what they say. If they didn't see the first crisis coming, then their current predictions are meaningless.

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