I have never been a big fan of him (my thought has always been is that he is really smart and a great marketer), but this probably has gone too far. Does anyone really believe he didn't say "sell" last week because he was afraid to cause a run on the bank? Mmm...maybe...better to 'fess' up and admit your mistake. This is not your finest hour.
But anyways, here is his response after Bear had fallen.
By the way, thanks to a few readers who correctly pointed out that whoever is writing at Daily Show must have read Fooled by Randomness (or at least came to the same conclusion on their own). The suggested name for the new show (No Matter how well I do over the next ten years, I still won't make up all the money I lost with Bear) while poorly named from a marketing point of view, is the exact point Taleb's Randomness book begins off with.