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Tag Archives: Black Swan

The Russian Forum Debate: Marc Faber, Hugh Hendry, Nassim Taleb

Aha! Made it to YouTube.Nassim Taleb (Synopsis): Go no-risk with a small percent and high-risk with the rest. For the speculative component, short the S&P and be long in precious metals; bet on hyperinflation with OTM calls on gold and puts on bonds; short USTs as long as Bernanke and Summers are in office; trade [...]

Dance With Chance – Making Luck Work For You

In a nutshell, Dance with Chance is all about knowing what you can and cannot predict and, therefore, what you can and cannot control.
Think about it. Every day human beings make decisions. Some are important: should you invest your life savings in t…

Nassim Nicholas Taleb – The Future Ain’t What It Used To Be

If you want to be a dentist, it’s rational to assume that if you go to school, get your degree, and set up a dental practice, you will be able to attain a comfortable standard of living. You may be able to project your probable income range with some…