The government-sponsored institution Fannie Mae, when I look at its risks, seems to be sitting on a barrel of dynamite, vulnerable to the slightest hiccup. But not to worry: their large staff of scientists deemed these events "unlikely."
Nassim Nicholas TalebAnother definition of modernity: conversations can be more and more completely reconstructed with clips from other conversations taking place at the same time on the planet.
Nassim Nicholas TalebThose who do not think that employment is systemic slavery are either blind or employed.
Nassim Nicholas TalebThe bonus for bankers fragilizes the system. Someone has the upside at the expense of others.
Nassim Nicholas Taleb