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.)
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