Nassim Taleb Says ‘Every Human’ Should Short U.S. Treasuries

[hoodooman]

Where was taleb when the thirty year was about 2% I wanted to short it then but didn't know how.

 

[nazzdack]

Quote from Daal:

Maybe he actually said to short-sell Fed Funds futures at 99.88 or better.

 

[psytrade]

In defense of the guy, Taleb has always said that hes a philosopher, not a trader.

 

[Kassz007]

Quote from psytrade:

In defense of the guy, Taleb has always said that hes a philosopher, not a trader.

Then he shouldn't give trading advice.

 

[Daal]

Heres the vid where he clarifies
http://www.bloomberg.com/avp/avp.ht...//media2.bloomberg.com/cache/vgzA3vdOIBm8.asf

 

[crgarcia]

Quote from Daal:


http://www.bloomberg.com/apps/news?pid=20601087&sid=a3E4uC5VIFeo&pos=6

It is incredible that Taleb, the risk aristothle advices to sell short:
A strategy with unlimited risk with limited profits.
Why not buy puts to limit exposure?

Besides, as he said:
"the unprobable event WILL happen if you wait long enough"

What if bonds don't get lower in decades?
What prevents the Fed from buying 60%, 70%, 80%, 90% of the T-Bond auctions?
(They are already buying 50%)

 

[nazzdack]

Quote from psytrade:
In defense of the guy, Taleb has always said that he's a philosopher, not a trader.

If he speaks, does anybody really pay attention?

 

[Daal]

Quote from nazzdack:

Maybe he actually said to short-sell Fed Funds futures at 99.88 or better.

Look at todays action, hes not that crazy

 

[makloda]

Quote from Daal:

Heres the vid where he clarifies
http://www.bloomberg.com/avp/avp.ht...//media2.bloomberg.com/cache/vgzA3vdOIBm8.asf

Hugh Hendry (sitting next to Taleb) appears to be getting quite uneasy once Taleb starts talking about the "no brainer" nature of shorting US Gov. Bonds

 

[ralph00]

"The most exciting returns are to be had from an asset class where those who know it best, love it least"

Rinse. Repeat.

In my entire investing career, I don't think I've ever seen such a consensus as we've seen form over the past month in Treasuries. They've already had a big month in January. I expect Treasuries to continue to outperfrom for the rest of the year.