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This is written by Taleb, he is an interesting fellow and I find his thoughts valuable. Recently he made +$1B in a single day with his hedge fund by evaluating
by solotronics 11y ago
This is written by Taleb, he is an interesting fellow and I find his thoughts valuable. Recently he made +$1B in a single day with his hedge fund by evaluating risk vs reward with unconventional methods.
- late2part 11y agoNah. Volume shows there wasn't enough transactions to net a Billion, but his firm made a ton. Mark-to-market for a few hours showed +$1B though.
- earthed_it 11y agoif profits seem too good to be true, they probably are.” http://allaboutalpha.com/blog/2015/09/07/billion-dollar-claim-from-black-swan-fund-not-from-taleb/ http://allaboutalpha.com/blog/2015/09/07/billion-dollar-clai... Taleb also publicly disaffiliated himself from the trades. The whole thing is either the hedge fund Trying to capitalize on the PR... Or lazy sensational wsj journalism. Or both. Read PG on PR firms http://www.paulgraham.com/submarine.html http://www.paulgraham.com/submarine.html
- finance-geek 11y agoYou only see volume on listed transactions, not on contractual derivatives.