Sunday, August 23, 2009

Nassim Taleb: Prophet or Publicist?

Nassim is a controversial figure and following my recent post I was contacted by an American across the pond who is not at all a fan of his and who made some quite damning accusations. Check out the row here, here, here, here.

At the seminar itself I may have missed the remark about being a "climate change denial" but Nassim did make it clear that as a derivatives trader in the past he did find ways around regulations and did think that (non global threatening) economic crashes were a good thing that he was in favour. He now appears to deny this.

Nassim has taken a lot of stick while in the UK and this should be worrying to his co-panellist Cameron. My American hat-tip thingy person thinks that with regard to appearing with Nassim that “Perhaps Cameron doesn’t read FT Alphaville, which caters to the financial community, but had he done so, it might have given him pause”.

Yep.

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