On Oct. 11, Nassim Taleb stated: "Attempts to remedy flaws that led to the Lehman crisis in 2008 have only rendered the system more fragile and vulnerable to further crises."
On Oct. 14, Nassim Taleb discussed risks in Syria and Saudia Arabia as well as keys to fixing the fragility in the American system through locally funding government versus the traditional national approach.
Nassim Taleb is the author of "Fooled by Randomness," "Black Swan" and "Anti-Fragile." Another fascinating video that comes to mind is a TED talk relating to mayors ruling the world and is worth a watch.
About the author:I am working towards the CPA & CFA designations, and would love to manage an investment partnership in the future. I am a self taught investor through Warren Buffett, Charlie Munger, Ben Graham, Peter Lynch, Joel Greenblatt, David Einhorn, Seth Klarman, Howard Marks, Phillip Fisher and Thornton O'Glove. My focus is a bottoms up Value-GARP strategy with a mix of top down contrarianism.
"When you find yourself on the side of the majority, it is time to pause and reflect." - Mark Twain