Nassim Taleb: In Investing The People You Understand Most Easily Are Necessarily The Bull***tters. | Value Investing News

Nassim Taleb: In Investing The People You Understand Most Easily Are Necessarily The Bull***tters.

  • An expert rule in my business is to never hire a well-dressed trader.
  • The Lindy effect is a concept that the future life expectancy of some non-perishable things like a technology or an idea is proportional to their current age, so that every additional period of survival implies a longer remaining life expectancy.
  • Example: If a book has been in print for forty years, I can expect it to be in print for another forty years.
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