Re:Black Swan's Taleb Says Nvidia Rout Is Hint of What's Coming
by kqr on Tuesday January 28, 2025 @10:49AM
(#42853666)
I don't think "predict doom and gloom" is a fair characterisation. He cations us against assuming the optimistic scenario will unfold ("it's not flawless" to quote the article), and asks us to hedge our bets -- something he has made significant money doing.
Being prudent is appropriate every hour, not twice a day, even if someone who is reckless can be lucky 11 hours of the day.
Being prudent is appropriate every hour, not twice a day, even if someone who is reckless can be lucky 11 hours of the day.