In the past, the stories and advice of grandmothers and grandmothers have been giving simple and easy mantra for generations to deal with problems. According to Lebanese-American statistical mathematician, stock market expert and thinker Nasim Nicholas Taleb, the most famous of them is that everyone should save some money for times of trouble.
After World War II, countries around the world almost forgot it and listened to contemporary economists and took huge loans. This shows a serious impact on their preparedness for bad times. The latest Global Crisis Corona has almost exposed its preparedness. By the way, according to Taleb, Corona has done another work. That is, now the countries around the world will not take the next possible pandemic lightly like SARS, Ebola and other such virus attacks, but will be able to deal with them in time. This is probably the biggest lesson learned from Corona.
For your information, tell us tell you that in the year 2001, the book 'Flood by Randomness' by Nasim Nicholas Taleb was published. I am his fan since then. Last week, Aditya Birla Mutual Fund held a question-and-answer session with Taleb. I am very happy to join this question and answer session. Like Taleb's first talk show, this time there was no news byte environment. It was not on TV. There was no hurry in this situation. And there was no need to take frequent breaks for advertisements. Here Taleb was in his full rhythm and without losing time, was directly giving his opinion on the most important things.
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