You’re only supposed to use foreign words when they convey meaning not available in English-like the German word Gemütlichkeit which has been used in Volkswagen commercials-and when you are sure that your audience knows that meaning. When he did translate them, I wondered why he didn’t just leave the French version out. For example, he uses French words and phrases without always defining what they mean. Taleb is a smart ass who writes to impress as much as to express. If the book is not clear to me, with my Harvard MBA and 40 years in the investment business, who is it for? If the answer is grad students in statistics, why is it in the book stores? It may be, but I am not sure because I cannot say that I fully understood it. Fortune called it “One of the smartest books of all time.” Not totally clear The first one I read is Fooled by Randomness by Nassim Nicholas Taleb. Last week, a subscriber sent me the same WSJ article to suggest I review the books. I was not interested in one, but I visited local book stores and bought three of the others. The 4/15/06 Wall Street Journal listed the five best books on personal investing. (This article first appeared in Real Estate Investor's Monthly.)
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