Nassim Taleb's `Black Swan' Investors Post 50% Gains as Markets Take Dive

Quote from PJT:

I see no anger in that video.

He's got some wild idea's and theories.

I like him.

He stretches the mind.

Some great stories about hero's to zero's in Fooled By Randomness.

As a trader if you don't change and adapt (sometimes several times a day) you are toast.

I keep seeing more and more antidotes on the internet that there was a lot of big money that got margined out and blown to bits last week. I bet there are some former HF superstars that lost 80 percent of there networth
 
Quote from JamesVU2000:

I keep seeing more and more antidotes on the internet that there was a lot of big money that got margined out and blown to bits last week. I bet there are some former HF superstars that lost 80 percent of there networth

Speaking of which: Did you hear of many blow-ups the week of Sept index opex? I heard that wicked up/down move in ED cost a few locals millions and DRW almost a hundo!
 
Quote from stock777:

Taleb is a genius.

Anyone who thinks otherwise is the opposite.

he says shit that is obvious and acts like he is discovering the fountain of youth.
 
Quote from Pension_Admin:

Smart guy! He see through all the BS's and so-called "conventional wisdoms" in this world.

PA

And it looks like conventional wisdom got the shit kicked out of it this year
 
Well of course it stands to reason that a black swan fund might have been able to make some money over the last few weeks doesnt it?
 
Quote from Pippi436:

Breaking even? More like blowing up his last fund..

He likes to style it as an "experiment" rather than a blowup nowadays. Wonder if his former investors care about the distinction tho.

What was the name of the fund? not Empirica???

I'm actually a Taleb fan, if for no other reason other than his delightful cynicism.

Thanks
 
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