Thought for the weekend | FT Alphaville

It’s not a black swan event when it’s 50:50, the only reasonable way to approach this election is say 50:50, because the more volatility you have in the system the more you’ve got to treat probabilities as half half. And each person should be prepared for the consequences. Now let me tell you, I’ll tell you up front. I don’t have an insider view on the election because I’m not voting for any of the two major candidates. Out of ethics I’m going to vote for someone outside of these two. Because your vote should be according to your preferences not according to who you think will win.— Nassim Taleb, author of “The Black Swan” and “Antifragile”, CNBC Nov 3.

Source: Thought for the weekend | FT Alphaville