“Black Swan” author Nassim Taleb appeared on Bloomberg Television’s “Surveillance Midday” with Tom Keene today. He said that he’s worried about the crisis in the U.S. more than in Europe and that executive compensation on Wall Street is not fully addressed by regulators, causing a “moral hazard.”

Category: Video

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4 Responses to ““Black Swan” Author Nassim Taleb on Bloomberg Television”

  1. lalaland says:

    I’ve learned you can accurately transcribe a Nasim Taleb interview by focusing only on the metaphors (he seems to think everything must be dumbed down, despite the fact that the only reason people pay any attention to him is his apparent understanding of complex systems), so here’s the short version of those 4 minutes:

    Regulation is like medicine; if I give you the wrong medicine I’m going to make you sick. If I give you the right medicine I make you healthy.

    Captain doesn’t go down with the ship. The captains are rich. They take the bonuses, we take the loses.

    There ya go! It’s amazing he doesn’t sound any more intelligent than a Sarah Palin twitter, considering …

  2. beaufou says:

    I actually agree with lalaland, when you start confusing your dick for a microphone, you’re out of touch.
    “I take long walks and ignore the world”.
    I agree we have a systemic problem, but this kind of “I told you so” and I wrote a book about it makes me sick.
    Answers…

  3. Dow says:

    I enjoy listening to and reading Taleb because he doesn’t suffer fools gladly. He just calls it like he sees it. I also don’t mind that he uses simple parables to describe complex events. It’s unlikely much of anyone would listen to him otherwise.

  4. victor says:

    I’d listen to Taleb anytime of the day in lieu of 99% of Wall Street’s talking heads because the man makes sense. Who are the 1% I would also listen to ? John Bogle, Buffett/Munster and of course BR, honestly BR you’re OK (most of the time) but above all you’re cool, Happy Holidays to all, and for 2011 stay safe, healthy, and stay out of debt.