Tuesday, November 30, 2010

Nassim Taleb Quote On Bernanke

In the November 22 - November 28 Bloomberg BusinessWeek, p23, Nassim Taleb is quoted as saying the following, which I find interesting:
"Bernanke is someone who talks about returns without talking about risk.  It's identical to a pilot who talks about speed but not about safety.  The measures he is using may work, but should they fail, the risks are humongous."

A Special Note concerning our economic situation is found here
SPX at 1187.76 as this post is written

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