Re:Trading a Real Market: What the Swiss National Bank Taugh...
by conistonwater on Saturday January 17, 2015 @05:36PM
(#8905805)
By that logic you can never prove any prediction wrong. I think you're setting the bar too low.
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Re:Trading a Real Market: What the Swiss National Bank Taugh...
by Tycho on Saturday January 17, 2015 @06:32PM
(#8905977)
“You have a very small probability of making money,” he said.
“But if you’re right, you’ll never see a public plane again.”
-Taleb, on shorting treasuries
Re:Trading a Real Market: What the Swiss National Bank Taugh...
by conistonwater on Saturday January 17, 2015 @08:25PM
(#8906252)
Maybe not important, but in the video minimax linked to in another comment, he said that about buying far out of money options on precious metals to bet on hyperinflation happening, not shorting treasuries to bet on rising rates.