I havent read the Black Swan yet..guess it is time to pick up the book! We live in a complex system that delivers extreme deviations. Current risk management and economic analyses methods fail us in such a system because of low predictability. What should we do in such an environment? At the IMD OWP 2010, Nassim Nicholas Taleb will present simple rules (lower leverage, less reliance on deficit spending, less mathematical risk management) for a black swan robust economic system.
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he is such a disgusting man. that mustache and bald head are gross. he seriously needs a shave and a shower. actually, nothing can change him from looking like an ugly muskrat.
Right .. like pros at Lehman understood the risks they were taking,,, or the pros at Bear Stearns or the pros at CitiBank or Bank America.... Thereis no credible arguement against regulation and transparency in financial industry - omfg indeed tell me exactly who understood the risks in the credit default swaps ... the big problem is that they did understand and that they understood that the risks weren't their risks... the risk was ours! And now we are paying.
@videoburns1 LehmanBros, CitiBANK and its BANKS, BANK of America etc... are NOT Hedge Funds. They are Banks. Hence the need to regulate them because they use regular people's money. The banking industry should be treated like the utilities industries. Hell maybe even nationalized. But stay out of the investments industry. Blame the pension funds managers, not the hedge funds. What happened to risk in Capitalism?????
Actually brokeinvestor, hedge funds should NOT be regulated more ! Instead, the PENSION FUNDS should be regulated more and forbidden to invest in high risk/high return assets like hedge funds. Pension funds had no business investing in hedge funds. These funds are designed for wealthy "accredited investors"...people who can afford to take big gambles. Sophisticated private investors should be allowed to invest in hedge funds without lots of beauracratic red tape and excessive regulations.
TheFrenchroguetrader is a good ex. of a BS but I don't agree that Hitler was a BS --definite impact but people knew he was dastardly DURING his rise.Tht's y Limdbergh ws criticized for consorting with Nazis.Putin sticks a flag North Pole and claims it --the world is watching his every step.The avge Joe expects this periodically&Ithink we focus on trivialities as a copingmechanism to get thu our dayThere's a genius in avoidance!Changeisconstantsometimesitldsto better thingsHegelwouldagree.
Under every hedge, Strategicaly Hyped Investment Tranches can be found ,everybody loses everything at the same time so no panic, as the market disapears before any opportunity
empty suits, Taleb describes. do ppl think they are smart as they really think ? i think not, history has shown over and over, humans are not intelligent.
wsnobody is one of those traders who have been doing a character assassination on nassim because they are unhappy with his message. taleb owns a piece of a big fund.
Funny how a news piece on hedge funds can rank in the top 4 search results on Youtube.com years later...some of this information is a bit outdated.
- Richard Wilson
Hedge Fund Group
HedgeFundGroup 5 months ago
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I havent read the Black Swan yet..guess it is time to pick up the book! We live in a complex system that delivers extreme deviations. Current risk management and economic analyses methods fail us in such a system because of low predictability. What should we do in such an environment? At the IMD OWP 2010, Nassim Nicholas Taleb will present simple rules (lower leverage, less reliance on deficit spending, less mathematical risk management) for a black swan robust economic system.
IMD 1 year ago
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he is such a disgusting man. that mustache and bald head are gross. he seriously needs a shave and a shower. actually, nothing can change him from looking like an ugly muskrat.
HeartAttackMan74 2 years ago
@HeartAttackMan74
To whom are you referring? Regardless, what a nasty thing to say.
ex3 2 years ago
that greaseball paul solman
HeartAttackMan74 2 years ago
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Oh look, another jew trying to teach us finance. Talk about jumping from the pan into the fire!
zakuk77 2 years ago
Why were pension funds allowed to "invest" in a Hedge fund. Hedge funds are nothing more that gambling?
RvNYC 2 years ago
omfg, hedge funds dont need more regulation, all that is needed is investors who actually understand the risks that are associated with hedge funds.
brokeinvestor 3 years ago 2
Right .. like pros at Lehman understood the risks they were taking,,, or the pros at Bear Stearns or the pros at CitiBank or Bank America.... Thereis no credible arguement against regulation and transparency in financial industry - omfg indeed tell me exactly who understood the risks in the credit default swaps ... the big problem is that they did understand and that they understood that the risks weren't their risks... the risk was ours! And now we are paying.
videoburns1 2 years ago
@videoburns1 LehmanBros, CitiBANK and its BANKS, BANK of America etc... are NOT Hedge Funds. They are Banks. Hence the need to regulate them because they use regular people's money. The banking industry should be treated like the utilities industries. Hell maybe even nationalized. But stay out of the investments industry. Blame the pension funds managers, not the hedge funds. What happened to risk in Capitalism?????
PrivateWarrior1 1 month ago
Actually brokeinvestor, hedge funds should NOT be regulated more ! Instead, the PENSION FUNDS should be regulated more and forbidden to invest in high risk/high return assets like hedge funds. Pension funds had no business investing in hedge funds. These funds are designed for wealthy "accredited investors"...people who can afford to take big gambles. Sophisticated private investors should be allowed to invest in hedge funds without lots of beauracratic red tape and excessive regulations.
Kellysayshello 2 years ago
@brokeinvestor tell it to the sheeple
PrivateWarrior1 1 month ago
Next time you could have a crisis of confidence if someone fails to pay someone else.
Yeah, next time like all of 2008. Hah! We didn't even have to wait long.
aluisious 3 years ago
amaranth = immortal , fuking hilarious
asbte 3 years ago 4
Too good to be true.
rmeddy1 3 years ago
This is a clear thoughtful well-produced piece. Good job by all.
Jude1930 3 years ago 2
TheFrenchroguetrader is a good ex. of a BS but I don't agree that Hitler was a BS --definite impact but people knew he was dastardly DURING his rise.Tht's y Limdbergh ws criticized for consorting with Nazis.Putin sticks a flag North Pole and claims it --the world is watching his every step.The avge Joe expects this periodically&Ithink we focus on trivialities as a copingmechanism to get thu our dayThere's a genius in avoidance!Changeisconstantsometimesitldsto better thingsHegelwouldagree.
swofts45 3 years ago
Under every hedge, Strategicaly Hyped Investment Tranches can be found ,everybody loses everything at the same time so no panic, as the market disapears before any opportunity
for panic arises
ubornthick 3 years ago
empty suits, Taleb describes. do ppl think they are smart as they really think ? i think not, history has shown over and over, humans are not intelligent.
downwiz2 4 years ago 3
Amaranth - "immortal". Look up "Cerberus". Financial Engineers? Try psychology. Diversification? For people who really don't know what they're doing.
TYX91101 4 years ago
wsnobody is one of those traders who have been doing a character assassination on nassim because they are unhappy with his message. taleb owns a piece of a big fund.
volgaone 4 years ago 3
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Taleb doesn't own a real hedge fund. His hedge fund never attacted any real money and is now defunct.
wsnobody 4 years ago