Gladwell on Taleb (and Niederhoffer)

It’s simply one of the best articles of the past 20 years: Malcolm Gladwell on the investment strategy of Nassim Nicholas Taleb.

I remember the first time I read it vividly; it substantially changed the way I think about the world. I had already read Taleb’s classic “Fooled by Randomness.” But when Taleb’s philosophy is placed against rival Niederhoffer’s, more insights are formed. Much is due to the skilled storytelling (as always) from Gladwell.

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Image: John Morgan, Probability and Measure. Copyright 2009.