Olivia Newton
asked:
I didn't quite catch who was Fat Tony from Brooklyn/NJ. Is he of Italian descent and where can I find my own Fat Tony? And he doesn't necessarily have to be fat, but for some reason they all are. Why?
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Skin in the Game: The Hidden Asymmetries in Daily Life,
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Maarten Smit
Fat Tony is introduced on page 122 of the Black Swan. His motto is: “finding who the sucker is”. I think the point Taleb is trying to make is that someone relatively uneducated can outsmart many intellectuals in the real world by being street smart instead of theoretically smart.
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