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I’ve read most of Taleb’s books. And follow his contrarian investment advice. Being anti-fragile makes a lot of sense. Looking beyond his typical ad-hominem
by GoldenMonkey 5y ago
I’ve read most of Taleb’s books. And follow his contrarian investment advice. Being anti-fragile makes a lot of sense.
Looking beyond his typical ad-hominem attacks. i.e. ‘Questioned by the user ‘Ultra_Mega_BTC’, who said that “the market is saying the opposite”, Nassim Taleb called him an “imbecile”.’
I wonder, if there’s something more to this. As in, what is he selling? He’s got the spotlight... more books? Or a drop in bitcoin... buying bitcoin on a down cycle.
These supposed problems, are not what bitcoin is supposed to solve. His trading advice is 90% of your money in riskless assets (T-bills). The rest in the riskiest investments one can find. He must’ve not bought into bitcoin ;)
- ravieira 5y agoI believe Taleb's investment advices are neither contrarian nor innovative, which I don't mean as a disqualification (I liked his books). I also believe his rant is more likely just a rant. And he may or may not have long or short positions in Bitcoin. I also like to believe he is too sophisticated (well, to be fair, as a quant/professional trader he is very sophisticated) to think that he's influencing the market in his favor with his tweets (he knows he's not Elon Musk).