What we do today has nothing to do with capitalism or socialism. It is a crony type of system that transfers money to the coffers of bureaucrats.
Nassim Nicholas TalebPeople focus on role models; it is more effective to find antimodels - people you don't want to resemble when you grow up
Nassim Nicholas TalebAny system that is deprived of its natural volatility, with government up (unintelligible) volatile, any system becomes very fragile.
Nassim Nicholas TalebWe should probably stop trading derivatives, anything more complex than regular options ... I am an options trader, and I don't understand options. How do you want a regulator to understand them?
Nassim Nicholas Taleb