NASSIM TALEB : Mother Nature is the smartest risk manager of all

NASSIM TALEB: Yeah, it's strangely enough in South Africa that I learned about the idea of Mother Nature. It came to me when I went to Pilansberg five years ago, I think, five or four years ago and I just realised that the national systems are now stable, start looking into the workings of Mother Nature as the smartest risk manager of all. Something that has worked for billions of species, for billions of years has to have some stability. So I rewrote The Black Swan, then completed The Black Swan, added a hundred pages on robustness and fragility - what is fragile and what is robust.
in Moneyweb.com 20 July 2010