Antifragille: Things That Gain from Disorder | Nassim Nicholas Taleb | Talks at Google

Fama was wrong about everything. I think Nassim Taleb should have deserved it, for actually "predicting" the crises. [VIDEO]

It's interesting to note that the effect of this transaction tax would be to 'reduce volatility' in the market. I say this because recently I watched the Authors@Google video of Nassim Nicholas Taleb ( [VIDEO] ) where he stated that volatility in the market place is a good thing, creative destruction and all that. More precisely the point he made was it was good for the market to appear and be volatile because otherwise it would only appear stable but with high and disasterous volatility brewing underneath the surface, ready to explode (the great moderation and subsequent GFC in the video).

> I actually met NNT, fun character. Me, too. I hosted him at Google and now I have a signed copy of The Black Swan [VIDEO] Anyone who talks about "permanent bears" does not get the concept.