Nassim Taleb, author of “The Black Swan” and distinguished scientist at Universa Investments, calls the stock market a “trap” and sees a class of “naive” investors who will invest in firms linked to AI during an interview with Bloomberg’s Natalia Kniazhevich at the Greenwich Economic Forum.
Tag: Greenwich Economic Forum
Bloomberg: Nassim Taleb Warns to Hedge Against Crash as Debt Crisis Looms
(Bloomberg) — author Nassim Taleb said investors should insure against a stock-market crash as structural issues such as the US debt burden threaten to derail an otherwise unstoppable rally.
Even with US stocks making multiple record highs and corporate profits surging, Taleb, a distinguished scientist for hedge fund Universa Investments, warns that the real danger now comes from visible risks, so-called “white swans,” that most people ignore until it’s too late.
Read the full article: finance.yahoo.com/news/nassim-taleb-warns-hedge
[YouTube] Why Correlation is Unreliable
At the 2022 Greenwich Economic Forum-Miami, Black Swan author, Nassim Nicholas Taleb explains why correlation is unreliable as a due diligence tool. Coming as it does during an ongoing pandemic and in the middle of Vladimir Putin’s invasion of Ukraine, Taleb also discusses Wars and Pandemics and puts them into their proper risk buckets.