Belmont Club

By Richard Fernandez

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Taleb’s warning

October 9, 2008 - 5:21 pm - by Richard Fernandez
Paul from Florida
2008-10-10 09:19:08

IC

“its funny how a system like the stock market can be so greatly affected by emotion”

Blame it on being human. Emotions, they are a feature, not a bug.

Anyway, with the clowns driving the bus, the behavior seem logical. People want off the bus, even if they paid full fare, they are willing to leave luggage and a refund behind.

After the crash, I’ll wonder out of the woodline and pick through the wreckage for valuables.