Re:Skin in the Game – chapter drafts by Nassim Taleb
by MagnumOpus on Thursday May 19, 2016 @09:31AM
(#11730020)
His fund lost massive amount of other people's money over the long term. (Guess he didn't have enough skin in the game.)
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Re:Skin in the Game – chapter drafts by Nassim Taleb
by dagw on Thursday May 19, 2016 @09:58AM
(#11730195)
Where are you getting those numbers from? The most reliable numbers I could find where in this WSJ article: http://www.wsj.com/articles/SB118429436433665637
which claims that while his fund may have under-performed other funds over its lifetime and suffered a couple of years of modest losses during a period of stable growth, it did make massive returns during the dot.com crash which was kind of the funds raison d'etre.
Re:Skin in the Game – chapter drafts by Nassim Taleb
by mikeyouse on Thursday May 19, 2016 @12:48PM
(#11731543)
Only LPs have true access to fund returns but there are a lot of examples of falsehoods being claimed by Taleb et al;
http://www.businessinsider.com/wait-before-you-invest-in-nas...
Plus the fact that he started an new fund in 2009 that essentially was relying on hyperinflation to make their returns;
http://www.wsj.com/articles/SB124380234786770027#mod=testMod
Re:Skin in the Game – chapter drafts by Nassim Taleb
by ikeboy on Thursday May 19, 2016 @01:26PM
(#11731891)
That seems to be an error on GQ's part, not Taleb's.
See http://blogs.reuters.com/felix-salmon/2009/06/30/the-taleb-g...
Re:Skin in the Game – chapter drafts by Nassim Taleb
by cjbenedikt on Thursday May 19, 2016 @01:15PM
(#11731775)
It is actually not Taleb's fund but Mark Spitznagel's an it is doing phenominally well