Thursday, July 1, 2010

On the rare occasions when I boarded the 6:42 train to New York I observed with amazement the hordes of depressed business commuters (who seemed to prefer to be elsewhere) studiously buried in The Wall Street Journal, apprised of the minutia of companies that, at the time o f the writing now, are probably out of business. [...] I am happy to see such mass-scale idiotic decision making, prone to overreaction in their postperusal investment orders--in other words I currently see in the fact that people read such material an insurance for me continuing in the entertaining business of option trading again the fools of randomness.

-- Taleb "Fooled by Randomness"

provided a much needed cubicle stifled laugh this morning