Black Swan author Nassim Taleb says the steep plunge in Nvidia exposes the equity market’s fragility, while warning of more losses ahead. Speaking to Bloomberg’s Sonali Basak on the sidelines of Miami Hedge Fund Week, Taleb says a drawdown two or three times bigger than Monday’s 17% selloff is “absolutely in line” with what the market should expect.
Tag: Sonali Basak
Bloomberg: Nassim Nicholas Taleb on Fragility of Markets, Political Risk, AI
Nassim Taleb, Black Swan author and Universa Investments distinguished scientific advisor, talks about the fragility of markets, how to hedge against geopolitical risks and artificial intelligence. He’s on “Bloomberg Markets.”
[YouTube] Black Swan Author Taleb on Markets, Interest Rates, Bubbles, Investing
Universa Investments Senior Scientific Advisor Nassim Taleb says the stock market is way too overvalued given current interest rates, and the road back to normal will be “very painful for some.” Taleb spoke exclusively to Bloomberg’s Sonali Basak at an investor day in Miami on Thursday. Earlier, Universa Investments told clients that ballooning debts across the global economy are poised to wreak havoc on markets rivaling the Great Depression.