PBS video highlighting the outlook of Nassim Taleb, who famously predicted the "black swan" event that we are now experiencing.
I would highly recommend checking out Taleb's book Fooled by Randomness - it's a very insightful, interesting read about the weakness of financial "certainties" - and was written before the financial world melted down.
Warning: after watching this video, you may be tempted to jump out of the nearest window. Please watch from a 1st story location, or even better, the basement of your house.
Sunday, November 16, 2008
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