{"id":4200,"date":"2012-03-13T14:30:17","date_gmt":"2012-03-13T21:30:17","guid":{"rendered":"http:\/\/www.blackswanreport.com\/blog\/?p=4200"},"modified":"2012-03-15T13:40:21","modified_gmt":"2012-03-15T20:40:21","slug":"i-have-no-choice-but-to-own-stocks-black-swan-author-us-business-news-cnbc","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2012\/03\/i-have-no-choice-but-to-own-stocks-black-swan-author-us-business-news-cnbc\/","title":{"rendered":"I Have No Choice but to Own Stocks: ‘Black Swan’ Author\u00a0 – US\u00a0 Business News – CNBC"},"content":{"rendered":"
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The U.S. economic situation is so bad, the author of “The Black Swan” said he has “no choice but to own stocks” to “preserve my financial situation.”<\/p>\n\n\n\n\n
\"Nassim<\/td>\n<\/tr>\n
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Jonathan Fickles | Bloomberg | Getty Images<\/div>\n
Nassim Taleb, New York University professor and author of ‘The Black Swan: The Impact of the Highly Improbable.’<\/div>\n
<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

“I own stocks,” Nassim Taleb told CNBC Tuesday. “I don\u2019t trust Treasury bonds. I\u2019d rather have a dividend than a coupon. I am afraid of hyperinflation. So I have no choice but to own stock and some real estate to preserve my financial situation.”<\/p>\n

He also has “some euros,” because despite the bad press, “they know the problems in Europe” but the U.S. does not.<\/p>\n

 <\/p>\n

via I Have No Choice but to Own Stocks: ‘Black Swan’ Author\u00a0 – US\u00a0 Business News – CNBC<\/a>. HatTip to Dave Lull.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

The U.S. economic situation is so bad, the author of “The Black Swan” said he has “no choice but to own stocks” to “preserve my financial situation.” Jonathan Fickles | Bloomberg | Getty Images Nassim Taleb, New York University professor and author of ‘The Black Swan: The Impact of the Highly Improbable.’ “I own stocks,” […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4200","post","type-post","status-publish","format-standard","hentry","category-contributors"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/4200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/comments?post=4200"}],"version-history":[{"count":4,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/4200\/revisions"}],"predecessor-version":[{"id":4205,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/4200\/revisions\/4205"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=4200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=4200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=4200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}