Note on Money Stuff: SVB’s Depositors Weren’t Very Loyal via Matt Levine

But here is his best line:

Taleb had been busy. He had already published two papers since the new year, on statistical concepts that I asked him to explain to me as if I was five years old, to which he said, “you’re not five years old.”

She’s not! That’s the goal, isn’t it? Say smart things about complicated topics in a way that your audience can understand and appreciate, without treating them like children.

✉️

FROM:

Matt Levine

Money Stuff: SVB’s Depositors Weren’t Very Loyal