Sudip Bandyopadhyay’s Blog

Nassim Taleb has benefited hugely from walking his talk. If talking about black swans has proven rewarding (in terms of global notoriety and royalties) since the publication of his memorable book, “Black Swan” walking it has recently delivered rich pickings in monetary terms. Perhaps most relevant to him, it has also finally vindicated a life [...]

Sherman McCoy, the fictional 1980s “Master of the Universe” Wall Street bond trader, had his sights set on a deal that could earn him $ 1.7m in commission payments, money he needed to pay off the mortgage on a lavish Park Avenue apartment.  “The only real problem was the complexity of the whole thing,” readers [...]