Nassim Taleb, author of “The Black Swan” and distinguished scientist at Universa Investments, warns that markets are underpricing structural risks while overestimating the durability of recent AI leaders. Speaking with Bloomberg’s Natalia Kniazhevich, Taleb also weighs in on US tariff policy and the market impact of increasing tensions between Iran and the US.
Tag: tariffs
[YouTube] Nassim Taleb on Risks, Gold, Private Markets, Trump Tariffs
Nassim Taleb, author of “The Black Swan,” and scientific advisor at Universa Investments, says he doesn’t think the “consciousness of risks” has improved over the last 25 years. He discusses the increasing US deficit, gold as a reserve currency, the opacity of private markets, and why the Trump administration’s approach to tariffs “makes no sense.”
00:00 – Taleb on “consciousness of risks”
02:12 – What drives markets
04:23 – Taleb on the US dollar and gold as a reserve currency
07:18 – Nassim Taleb on hedge funds and the opacity of private markets
09:33 – Trump administration’s tariff approach “makes no sense,” Nassim Taleb says