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October 14, 2008
Quote du Jour: Taleb Again
I know Nassim Taleb brings out strong feelings in people, but you have to admit the following quote from my friend Nassim is good:
We refused to touch credit default swaps. It would be like buying insurance on the Titanic from someone on the Titanic.
-- Bloomberg
Congrats to him, by the way, for great performance this year at the funds he advises.
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