The reason free markets work is because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or “incentives” for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can. | |
— Nassim Nicholas Taleb | |
From his book: “The Black Swan“ | |
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Archive for October 17th, 2011
Unpredictable Opportunity
Posted in Investing, Quotes, tagged Investing, Nassim Nicholas Taleb, Quotes, The Black Swan on October 17, 2011| Leave a Comment »