Saturday, March 6, 2010

Taleb: Buffett is Lucky

“I don’t want to spend too much time on Buffett. George Soros has 2 million times more statistical evidence that his results are not chance than Buffett does. Soros is vastly more robust. I am not saying Buffett doesn’t have skill—I’m just saying we don’t have enough evidence to say Buffett isn’t doing it by chance.” - Nassim Taleb

Read about why I strongly disagree.