Veteran trader Marty O’Connell calls this the firehouse effect. He had observed that firemen with much downtime who talk to each other for too long c… - Nassim Nicholas Taleb

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Veteran trader Marty O’Connell calls this the firehouse effect. He had observed that firemen with much downtime who talk to each other for too long come to agree on many things that an outside, impartial observer would find ludicrous (they develop political ideas that are very similar). Psychologists give it a fancier name, but my friend Marty has no training in behavioral sciences.

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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.

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Also Known As

Alternative Names: Nassim Taleb

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Veteran trader Marty O’Connell calls this the firehouse effect. He had observed that firemen with much downtime who talk to each other for too long come to agree on many things that an outside, impartial observer would find ludicrous (they

Additional quotes by Nassim Nicholas Taleb

NATIONALISM: there is an individual, then nation, little above. Causes Wars: outside lives don't exist. FRACTAL LOCALISM: individual ⊂‚ various tribes (family, friends...) ⊂‚ tribes ⊂‚ ... Humanity. NEVER exclusive: One (me) can ⊂‚ Greek & Lebanese tribes+US +Mediterraneism.

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