“Banking is a very treacherous business because you don't realize it is...” — Nassim Nicholas Taleb Quote

“Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms.”

“Reality is far more vicious than Russian roulette. First, it delivers the fatal bullet rather infrequently, like a revolver that would have hundreds, even thousands of chambers instead of six. After a few dozen tries, one forgets about the existence of a bullet, under a numbing false sense of security. Second, unlike a well-defined precise game like Russian roulette, where the risks are visible to anyone capable of multiplying and dividing by six, one does not observe the barrel of reality. One is capable of unwittingly playing Russian roulette - and calling it by some alternative “low risk” game.”