Nassim Taleb on Black Monday, Fed, Market Lessons

The master

I read his books, follow his speeches, agree with most his ideas.
Implementing his ideas is not easy for me. I guess I am not as smart.
All I have been able to do is diversify.

Love Taleb, and he said it himself that he talks this way on purpose, but I gotta say I can't comprehend his muttering and hiccups. He speaks a bit like a drunkard, actually :)

One of his best interviews, albiet he rarely gives interviews unless they are short or to selective few.

"Someone else pays for their losses"

What a pleasant conversation!

To see the obvious is easy and he did that -- he got lucky that he timed them right. That is random luck, and I think he would be the first to admit this.

It is sad when the obvious is held as genius. Nassim made a ton of money by getting lucky and he thinks he is brilliant. No Nassim there are lots of useful idiots out there that are purposely trying to undermine capitalism. U are not brilliant.

“Black Swan” was a great book and an outstanding work by Nassim Taleb. At the time of its release and around the time I first read the book, I didn’t realize how prolific of a role his book would play later on.

Well at least Greenspan did one thing right...

Money disappears regularly in such volatile markets. Wealth never disappears,it is simply transferred to others.

This guy is full of shït. Just because you have one hit book doesn't mean you know everything.

'It's very easy to sell people a seatbelt that only works if there's no accident, it's gonna be very comfortable. If there's an accident, they're gonna die, they're not going to complain.' Brilliant

there was no EUR/USD trading at that time, because Euro didn't exist then. what are they talking about?!

Erik my man u would be better at the Zoo with how u do new interviews

taleb is a very smart manbaby

+ de vidéos en français, s'il vous plaît. Merci.

The best part is the last 30 seconds, the Bob Rubin trade

I'm inspired to get some options now

Can anyone explain to me how you can be "set up to be harmed by a small move"? Can you buy options on volatility itself? Like a VIX option?

nassim if you ever read this i just want to thank you so much... you saved my life.. jack from syria

This is what happens if you get Tony Soprano to read books

How about new hunters for black swans isn't timing became better and better for short side of market?

Don't mean to be rude, but big moves on the Euro/Dollar pair on Black Monday in 87? The Euro did not exist at the time ;-)

I was shocked that he was saying something nice about Alan Greenspan and then he followed up with "it's the only good thing he did in his life" He really really hates him lol

Naval from Angellist got me into Nassim 💯

To summarize, he got very lucky and made a lot of money betting on the stock market.

beautiful ... just wolfed Psei 5100 and ES1 snp 2525 ... march 12, 2020 fri the greater bull run is on day 1 to fresh highs.. thanks bloomberg

2020 march anyone

Selling seatbelt thing reminded me on Warren Buffett on selling insurance for nuclear bomb. When it happen we all die while it didn't happen he get to keep the money.

yea yea. Swaps on Credit default Swaps. You actually know what make the most money. Hahaha. Cough cough.

oh my god, still using his playbook to not share what he does. Short volatility.

Rather share the exact opposite. Did you buy? No, i sold

One can learn a lot about life in general and human behavior, through understanding how one thing works. Taleb is on one of our teachers.

A legend. And the seatbelt analogy :)

This is great stuff. I about to begin my 3rd Taleb book. I am a big fan, also appreciate Peter Lynch, Charlie Munger, Joel Greenblatt...

the way he talks made me think of the kid with no tooth on Strange Things

Wow, NNT with Bloomberg?

Be on the lookout for the dozens of SCAMMERS who show up like weeds. They are on every video discussing monetary policy pushing a so called "crypto/investment" "expert".They start off with an "innocent" enough comment and then up to 35 "validators" immediately follow with the bottom line being they "recommend" a certain trader that they've made tens of thousands from and provide a what's app number whereby you will be asked to "invest" with them. EVERYONE knows how that story ends. Watch out for them, and take care folks, lest you be their next VICTIM.

the bravery of this guy to actually call out the system is huge. We’re lucky that he’s as good of a teacher as a thinker

He is repulsive.

Pretty sure that aphorism at the end is plagiarized from Friedman 😂

The back spread he explains in the 2 minutes is the simplest it comes to explaining buying the OTM options as a portfolio holding.

Thử 91,000,000,000 tỷ vận may từ sự bất định của thị trường và có thời hạn có điểm dừng 600 tỷ/ thánh

I'm really happy he's seen Trading Places, he doesn't seem like much of a movies guy

I would love to know which options he bought. I reckon retail investors do not have access to those options.

manic mondays are always black mondays.

Genius. Not only because he understands complex phenomenons but especially because he clearly identifies obvious consequences that just few people do.