Kirkus says Chaos Kings is a “Complex economic and scientific theories lucidly rendered, even if the resulting picture is unremittingly gloomy.”
From April 15, 2023 issue:
Playing the market is part art, part science, and part leap of faith. Investor and statistician Nassim Nicholas Taleb, who stands at the center of Patterson’s latest, following The Quants and Dark Pools, takes an alternate view. He assumes that the world is a series of rare black swan events (“extreme events no one could have predicted…like a sudden market crash”), and he further urges clients to think that the conventional wisdom of investing—diversified portfolio, trying to time the market—is a fool’s game. Come the pandemic, and the contrary wisdom of Taleb and company, codified as “Panic now—panic early,” proved its use…