I am sure you did not understand Taleb at all. Actually I think it is possibly his mistake that he believes common people without n iota of statistics or mathematics can understand it. Let me explain, almost all of the equations that the Bankers used are based on a bell curve for a distributed event funtion. Now its called a bell curve because the be represents the average and assumes that an event of infini value would have zero chance to happen. That is ok general continuous function because that is a theorical contruct; but in a distributed function and which by definition cannot have zero occurance (because it is distributed) and event with infinite value can occur atleast once. The whole base of mathematics, therefore which is being used by the Banks is flawed and should be removed.If you udnerstand this thing, I would say Taleb is to Banking what Einstein was to Physics. He is asking you to change the foundation. Do you understand it? I doubt you do.