I used to watch Dora the Explorer with my daughter, a cartoon about a “7-year-old girl who embarks on a trip in every episode in order to find something or help somebody”. In every show she consults the map in her backpack, known as Map, who tells Dora how to get to her destination.

What I found troubling was that Map always puts our protagonist in harm’s way. Always subjecting her to unnecessary risk.

For example, if Dora is trying to get to Grandma’s house or return her library books on time, Map never tells her to walk down that path and hang a left at the park. Map always takes Dora on these Indiana Jones adventures over crocodile infested waters, across the Dementor Forest, and through a protest in Tripoli.

Map is evil.

It is okay to take some risks to accomplish your objectives but sometimes there is no value in taking Extreme risks when the reward doesn’t justify it. There is a right amount of risk for the relative return but you shouldn’t put yourself in mortal danger to achieve your objectives.

Well maybe calling Taleb nuts is a strong word. Perhaps eccentric is better as “nuts” may not be politically correct. But since Taleb is not politically correct at times, then let’s stick with nuts.

Here are some quotes from Nassim Nicholas Taleb that proove my point, most of which can be found in this article called Nassim Nicholas Taleb: the prophet of boom and doom from 2008 in the Sunday Times.

#5 “Why do I go to church? …I love the smell of candles.”

#4 “Go to parties. You can’t even start to know what you may find on the envelope of serendipity. If you suffer from agoraphobia, send colleagues.”

(I have no clue what this means either.)

#3 “It’s not a good idea to take a forecast from someone wearing a tie. If possible, tease people who take themselves and their knowledge too seriously.”

(I believe this is what I am doing right now.)

#2 Earlier this month in a Bloomberg interview, Taleb suggested people should sue the Nobel prize folks. He said: “If no one else sues them, I will.”

He suggests we sue the Swedish Central Bank – the organization who awarded the Nobel prize in Economics to guys like Harry Markowitz, Merton Miller and William Sharpe. According him, by awarding them the Nobel Prize, this legitimized their financial models which are to blame for the financial crisis.

Maybe we should sue the dead parents of the guys who wrote the models who won the Nobel Prize…

(Riskczar thinks Taleb is jealous that his manifesto didn’t earn him a Nobel Prize yet. He said once: “Hard work will get you a professorship or a BMW. You need both work and luck for a Booker, a Nobel or a private jet.”)

…and finally the #1 reason Taleb is nuts…

#1 He wrote a 480 page book called the Black Swan (8.6 x 4.5 x 1 inches) describing a topic which can be explained in 30 seconds and which should have been written as an 88-page Frank Miller comic book instead.