Scott Patterson has delivered an unusual book. At least to this reader, it produced the same effect as watching a Black Mirror episode where you think you know where the story is heading, then suddenly all of your moorings go out the window in a most unpleasant fashion. In the case of Chaos Kings , the book starts out as an interesting and well-paced biographical treatment of Mark Spitznagel and Nassim Taleb, developers of a tail-hedging approach to financial risk. Patterson is a veteran Wall Street Journal reporter, and his devotion to detailing a specific trade that Taleb had made on out-of-the-money currency options makes it appear that this will be a book catering to finance nerds.Yet, in the final fifth of the book, the narration […]
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