"Banks never make money"

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Reading "Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets (Incerto)"[Kindle Edition] by Nassim Taleb I am fascinated by this man who writes about people and philosophies in math, probability, banking and economy, so imaginative, evocative and knowledgeable as if he is a combination of J.D. Salinger, Dominic Strauss Kahn and Vladimir Nabokov (he might not like any of the three).

He is also a gifted speaker so I take breaks from reading his book by watching his performances documented online.

Here's a quote that makes you think twice about today's banks, which I clipped from a longer conversation he had with David Cameron:


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