Saturday, April 30, 2022


A trader listened to the firm's "chief" economist's predictions about gold, then lost a bundle. The trader was asked to leave the firm. He then angrily asked the boss who was firing him, "Why do you fire me alone, not the economist? He too is responsible for the loss?" The boss: "You idiot, we are not firing you for losing money - we are firing you for listening to the economist." 

- Nassim Nicholas Taleb

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