The Black Swan is often mentioned by my guests on the podcast. Who is Taleb?

Watch Charlie Rose interview Nassim Nicholas Taleb.

CHARLIE ROSE: Define capitalism II for me.

NASSIM NICHOLAS TALEB: Banks become utility companies. A lot less
debt. Less speculation in asset values, all right? You make fewer -- a
barber, you make your money shaving people and cutting hair and so on, and
talking to them, rather than money in the stock market. Or if you're a
dentist, dentists used to make money in dentistry, and then later on they
started making money in investments. You go back to making money in
dentistry.

So we're seeing people reverting to old habits. And of course that
can be achieved with a decrease of the allocation to assets, unfortunately.

Stocks -- there is no reason for stocks not to be much cheaper than
they are today.