Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms. - Nassim Nicholas Taleb
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Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms.
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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·
Portrait adapted from
Wikimedia Commons, Sarah Josephine Taleb (CC BY)
In the complex world, the notion of “cause” itself is suspect; it is either nearly impossible to detect or not really defined — another reason to ignore newspapers, with their constant supply of causes for things.
1) Never read a book that can be adequately summarized. 2) Never read a book you would not reread. 3) No book that can be shortened survives.
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