Global Financial Crisis in the words of Black Swan author

The following is The Black Swan author Nassim Nicholas Taleb‘s edited passionate (some say “angry”) appearance on BBC News (YouTube video). Take a look of this wikipedia link for what Nassim wrote about the global banking crisis and Fannie Mae in The Black Swan in 2006. By the way, Nassim considers this Sunday Times profile the most representative. And here is a 2008 Aug Portfolio interview of Nassim.

HT: Paul K

P.S. By the way, Warren Buffet sold nearly all of Berkshire’s Freddie Mac and Fannie Mae holding in 2000. (see his 2000 Chairman letter for reference.)

This entry was posted on Sunday, October 12th, 2008 at 3:40 PM and is filed under Business, Canada, Economics, investment, politics, united states, World, World Affairs. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to Global Financial Crisis in the words of Black Swan author

  1. Macroeconomists Love Stochastic Calculus Porn « Kempton - ideas Revolutionary says:
    Thursday, 23 October, 2008 at 10:43 AM

    […] Love Stochastic Calculus Porn Further to my entertaining, video clip “Global Financial Crisis in the words of Black Swan author”. Here is Arnold Kling’s concluding remarks in his “Economists with […]