Nassim Taleb-Advised Universa Tail Fund Returned 3,600% in March

[FrankInLa]

https://www.bloomberg.com/news/arti...iversa-tail-risk-fund-returned-3-600-in-march

 

[Atikon]

Very insightful guy, can't wait to listen to his Book Series.

 

[Sekiyo]

Very insightful guy, can't wait to listen to his Book Series.

And his last book available in PDF
"Technical incerto"

https://arxiv.org/abs/2001.10488

 

[FrankInLa]

Or you can get the kindle or paperbacks for a fraction of that price and use the difference to buy some tail risk.

And his last book available in PDF
"Technical incerto"

https://arxiv.org/abs/2001.10488

 

[Amun Ra]

Only had to have 12 years of consistent loses and then a black swan event to see those returns.

 

[FrankInLa]

Still beats most every hedge fund of similar size by a wide margin.

Only had to have 12 years of consistent loses and then a black swan event to see those returns.

 

[easymon1]

Nassim Taleb-Advised Universa Tail Fund Returned 3,600% in March
Where may one experience the occular proof of this most excelent work product?

 

[Sekiyo]

Only had to have 12 years of consistent loses and then a black swan event to see those returns.

Lose 1% per year during 20 years then earn 3600%.
0.99 ^ 20 * 37 = 3026% ^ 1/20 = 18.5% compounded per year in average.

https://twitter.com/x/status/1247951670526578688

 

[Amun Ra]

Lose 1% per year during 20 years then earn 3600%.
0.99^20 * 37 = 3026% / 20 = 18.5% compounded per year in average.

I don't see where is the problem.

I read the returns were 11.5% since inception.

Also, it only pays off if there is a black swan event. Had this never happened, that fund would continue losing money maybe for life. Also there was no disclaimer that it would return exactly 3600% one day. It was lucky.

 

[RedDuke]

Taleb own fund called Emperica had to close doors in 2006 or 2007 after bleeding money for 4-5 years in a row. Wonder when this guy started. Imagine he started 10 years ago.