What I learnt from Taleb?
Nicholas Taleb is one of the finest original thinkers of modern era. I have learnt so much from his books — Fooled by Randomness, Black Swan, Anti Fragile. In this article, I am trying to capture what I learnt from him.
- Time is the best judge of quality and importance — Reading weekly digest is better than reading daily digest which in itself is better than reading updates every minute on twitter!
- Predicting is hard and/or next to impossible — It is impossible to predict accurately, especially when markets are going to increase or fall.