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Tag Archives: Geithner

Second Annual SALT Asia Conference Announces Program

Mark your calendars folks. This should be good though the deck is pretty much stacked against NNT. Hope he’ll have FT traveling with him. NEW YORK, Aug. 26, 2013 /PRNewswire/ — SkyBridge Capital (SkyBridge), an alternative investment firm, today announced the program for the second annual SkyBridge Alternatives “SALT” Asia Conference, which will take place […]

Nassim Taleb: Don’t Listen to Geithner or Krugman – Nicole Allan – Business – The Atlantic

Taleb took issue with Krugman’s support of deficit spending. “This transformation of private debt, with all the moral hazard it entails, into public debt is, number one, from a risk standpoint, bad,” he said. “And from an ethical standpoint, I find it …

Deep Read: Nassim Taleb (The Black Swan Guy) : Planet Money : NPR

by Jacob Goldstein

Here’s the latest Planet Money Deep Read — o…

Tumor is still in the system – Nassim Nicholas Taleb part 1 & 2

I was a trader for 21 years, and anyone taking markets seriously needs to consider the following… You remember the day when Kervial was liquidated? The SocGen rogue trader… ‘the hero’ in France. They sold $50 billion dollars worth of stock. How much did capitalization drop world-wide, based on that? Markets went down 12 percent! With a $50 billion order, you drop markets by 12%. We lost 7, 8 Trillion. A huge amount. So it tells you, don’t pay attention to stock markets. They’re driven by the marginal buyer. It means nothing. Short term markets mean nothing.

Nassim Taleb Bloomberg 05/13/10

HatTip to EG! [youtube=http://www.youtube.com/watch?v=OVxcDgfTzuk] NNT was also on CNBC yesterday. The interviewers get in the way somewhat but it’s worth watching.