[T]here is a category of traders who have inverse rare events, for whom volatility is often the bearer of good news. Those traders lose money frequen… - Nassim Nicholas Taleb

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[T]here is a category of traders who have inverse rare events, for whom volatility is often the bearer of good news. Those traders lose money frequently, but in small amounts, and make money rarely, but in large amounts. ...crisis hunters. I am happy to be one of them.

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About Nassim Nicholas Taleb

Nassim Nicholas Taleb (born 1 January 1960 in Amioun, Lebanon) is an essayist, epistemologist, researcher, and former practitioner of mathematical finance.

Biography information from Wikiquote

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Alternative Names: Nassim Taleb
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It takes a certain type of person to waste intelligent concentration on classroom/academic problems. These are lifeless bureaucrats who can muster sterile motivation. Some people can only focus on problems that are REAL, not fictional textbook ones.

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