3 ms·
It appears that this fund was mostly in the business of selling options. Nassim Taleb often warns this is a dumb idea because in the long run something bad will
by Bootvis 8y ago
It appears that this fund was mostly in the business of selling options. Nassim Taleb often warns this is a dumb idea because in the long run something bad will happen from which you can't recover. I tend to agree and while it's sad for those involved I believe they can only blame themselves. They haven't been prudent.
- jhall1468 8y agoOptions are extremely high risk and should be avoided. Naked options are an excellent way to part a fool and his money. Investing in anything that potentially exposes you to unlimited losses is eventually going to expose you to unlimited losses and you can't make that up with volume.
- DINKDINK 8y ago>Nassim Taleb often warns this is a dumb idea because in the long run something bad will happen from which you can't recover. Specifically, this is called ergodic collapse.