
Nassim Nicholas Taleb on the Financial Crisis
EconTalk
00:00
The Titanic Heads Off to Sea
It's very difficult to say, i'm going to have lower returns than you year in, year out. And that's yet. There's another thing t people criticise me when i said i'd rather have 80 % of my portfolio in cash. Cash is doing pretty well these days. I mean, cat with cash, yo can buy, you can buy ten times the number ofe ant you. So s o did the lasta son you. Sey, let's come back to your point about not having a predecessor, because i think it's such fascinating and deep truth. Tis is some form of otism that we seem to have with respect to history. Because we
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