Nassim Taleb: Look to Mother Nature for Financial Solutions

[mounickkumarreddy]

hahahhahahahahahahahahahhaha he is funny

[romeoechomike369]

The problem is that man is a duplicitous creature. Unlike other mammals, man thinks in subversive terms about how he can exploit a situation. It doesn't matter that something was organized for a good purpose, if he can twist it to make a profit, he will. So with the stock market that was initially used to create capital and investment into enterprises that might benefit mankind, it has instead become a gambling casino that benefits the richest investors, while suckering the little guy.

[vivaloriflamme]

Strange to say, he reminds me of Andy Kaufman.......

[LiveFreeOrDieNow]

When in doubt, look to nature.

[flogthedoggy]

this guy is great , the only flaw I can detect with the nature parody is that humans do not function as any other animals in nature. We have the need to be lead and to form large groups of the same mind set or become a collective with a dogmatic vision of our ability to transcend mother nature, all of our science and religion tries to point above our comprehensions to a singular understanding and nature never has a singlular anything , so human ego robs us of our own true nature , oh the irony

[csacta]

@flogthedoggy --- oh, I how I wish you were wrong!

[theroilsoil]

Mother Nature has decided to push the restart button again - and it's very simple.

[fal2grace]

Excellent!

[blackiron60]

He makes a lot of sense and plenty of nations around the world know what it's like to specialize in one primary industry and then crash and burn when that industry tanks.

[Finiras]

can you name some of these "plenty of nations" that crashed and burned because of that?

[mathiur]

usa & banks, LOL

[Finiras]

recession or depression is not "crash & burn"

[kja5]

Be patient...lol.

Late 2010 you will be shouting:

"Oh, the Humanity!"

[truthtrekker]

HE SAYS IT ALL 1:16 - 1:18

MOTHER NATURE IS THE OPPOSITE OF DEATH.

HERE'S MORE PROOF -->

watch?v=R4QfeaF3MmE

[dreamdewil]

I wouldn't use Mother Nature as a metaphor for good economic systems.

After all, every organism in nature live only to consume other organisms, often in a long term self destructive manner.

[Bucketses]

The rhetoric is what is bad, not what he was proposing, necessarily. The idea of redundancy, ok. decentralization, ok. but all this crap about nature "wanting" it that way is just silly. I could go on a similar path and argue that nature does not give a damn about something being too big to fail, 90 something percent of all that nature has dished out has gone extinct, maybe nature likes to see things fail...you get my drift?

[Bucketses]

he should have shared data rather than this, but then again it is just a clip and he may be doing just that in the rest of the video.

[merdufer]

I totally agree with you. He didn't provide any substantial argument here, and his analogy hardly stands any careful scrutiny.

But I think we're kinda judging it out of context. He might have had some good arguments, and only used the analogy to make the talk a bit more interesting.

[merdufer]

In a sense, I think that's one big problem with FORA posting these short clips. If we fail to recognize them as promotional material that invites us to watch the full video, and start having discussions and drawing conclusions from them, we can end up being quite misinformed.

[jaggnosis]

@merdufer Well put. I like your observation.

[Bucketses]

The speaker's rhetoric is terrible for public knowledge. All he gives are common idioms instead of actual arguments of his position. Speaking of nature as if it were a person that thinks and pretending to know what it thinks? that is just silly.

[voyeurdug]

YET MORE... mixed metaphors, glittering generalities and random analogies... masquerading as economics. Yaay.

[CRAPCANNONS]

voyeurdug

"YET MORE... mixed metaphors, glittering generalities and random analogies... masquerading as economics. Yaay."

you're probably confused because you don't know the difference between keynes and von mises.