Unpredictable Opportunity | Kevin Barrett's Blog

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Unpredictable Opportunity

October 17, 2011 by kmabarrett

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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Posted in Investing, Quotes | Tagged Investing, Nassim Nicholas Taleb, Quotes, The Black Swan | Leave a Comment

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