Quote du Jour: Taleb Again

By Paul Kedrosky · October 14, 2008 · ·

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.

Related posts:

  1. Nassim Taleb, the Titanic, and Hedge Funds
  2. Quote du Jour: Sex and Sachs
  3. Quote du Jour: Raptors at the Fence
  4. Quote du Jour: Hedge Funds Rule
  5. Quote du Jour: Rich People are Awesome