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Nassim Nicholas Taleb Quotes: We should probably stop trading derivatives, anything more complex than regular options ... I am an options trader, and I don't understand options. How do you want a regulator to understand them?
         

We should probably stop trading derivatives, anything more complex than regular options ... I am an options trader, and I don't understand options. How do you want a regulator to understand them?


Nassim Nicholas Taleb
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Other quotes of Nassim Nicholas Taleb


Doctors most commonly get mixed up between absence of evidence and evidence of abense

Doctors most commonly get mixed up between absence of evidence and evidence of abense



A Stoic is someone who transforms fear into prudence, pain into transformation, mistakes into initiation, and desire into undertaking.

A Stoic is someone who transforms fear into prudence, pain into transformation, mistakes into initiation, and desire into undertaking.



For many people, commuting is the worst part of the day, and policies that can make commuting shorter and more convenient would be a straightforward way to reduce minor but widespread suffering.

For many people, commuting is the worst part of the day, and policies that can make commuting shorter and more convenient would be a straightforward way to reduce minor but widespread suffering.



Decomposition, for most, starts when they leave the free, social, and uncorrupted college life for the solitary confinement of professions and nuclear families.

Decomposition, for most, starts when they leave the free, social, and uncorrupted college life for the solitary confinement of professions and nuclear families.



People used to wear ordinary clothes weekdays, and formal attire on Sunday. Today it is the exact reverse.

People used to wear ordinary clothes weekdays, and formal attire on Sunday. Today it is the exact reverse.



Democracies can't handle austerity measures very well.

Democracies can't handle austerity measures very well.



Missing a train is only painful if you run after it! Likewise, not matching the idea of success others expect from you is only painful if that’s what you are seeking.

Missing a train is only painful if you run after it! Likewise, not matching the idea of success others expect from you is only painful if that’s what you are seeking.




Avoid losers. If you hear someone use the words 'impossible', 'never', 'too difficult' too often, drop him or her from your social network.

Avoid losers. If you hear someone use the words 'impossible', 'never', 'too difficult' too often, drop him or her from your social network.



Someone bemoaned that there were so few women in economics. But there are also very few men in economics.

Someone bemoaned that there were so few women in economics. But there are also very few men in economics.





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Wrinkles ? Why all the fuss ? Think of them as lines of distinction

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Thomas! What are you doing!" and I gestured, "I thought this was Nothing, " covering myself with one of my daybooks, and she said, "It's Something!

Thomas! What are you doing!" and I gestured, "I thought this was Nothing, " covering myself with one of my daybooks, and she said, "It's Something!



The most costly disease is not cancer or coronaries. The most costly disease is boredom - costly for both individual and society.

The most costly disease is not cancer or coronaries. The most costly disease is boredom - costly for both individual and society.



Angels can do no better.

Angels can do no better.



Please believe him. Keep your heart open to him. He can make you happy. He has always loved you, and you once loved him with all your heart.

Please believe him. Keep your heart open to him. He can make you happy. He has always loved you, and you once loved him with all your heart.



Treaties, agreements and organizations to help settle disputes may be necessary, but they often favor the interests of business over citizens.

Treaties, agreements and organizations to help settle disputes may be necessary, but they often favor the interests of business over citizens.



Nothing mortal is enduring, and there is nothing sweet which does not presently end in bitterness.

Nothing mortal is enduring, and there is nothing sweet which does not presently end in bitterness.



We salute the rank not the man

We salute the rank not the man



Take risks that could result in Greatness! Wayne Gretsky said, "You miss 100% of the shots you never take."

Take risks that could result in Greatness! Wayne Gretsky said, "You miss 100% of the shots you never take."



A saint is to put forth his faith in prayer, and afterwards follow his prayer with faith.

A saint is to put forth his faith in prayer, and afterwards follow his prayer with faith.




Quote Description


This page presents the quote "We should probably stop trading derivatives, anything more complex than regular options ... I am an options trader, and I don't understand options. How do you want a regulator to understand them?". Author of this quote is Nassim Nicholas Taleb. This quote is about trading, business, want, derivatives,.