The Black Swan

Roubini, Taleb Talk Economic Recovery, Risk Of Second Recession On CNBC (VIDEO)

Posted 09.12.2009 | Business


Two of the most prominent market cynics appeared on CNBC this morning. Nouriel Roubini -- affectionately known as "Dr. Doom" -- was CNBC's guest host,...

Lessons from a Vineyard: Ignore Predictions

Margaret Heffernan | Posted 02.06.2009 | Business


Margaret Heffernan

Civil war broke out in the Lebanon in 1977. As Nicholas Taleb recalls in The Black Swan, adults at the time were utterly confident that the war would end in "only a matter of days."