Taleb on where not to invest

[RSLudlum]

Nassim Taleb on where not to invest and the 3 fraudsters

Nassim Taleb on what not to invest in (paraphrased): 'No long term treasury bonds, no euro, no dollar, no stock market, no real estate. You want hard assets metals, commodities, and agriculture land. If you're going to business school don't take any classes that have equations in it...It's all bogus.'
(around the end of the clip about the 10min mark)

Also talks about the biggest 'fraudsters'. Not very comfortable with the 3 amigos: Geithner, Summers, and Bernanke ("Bernanke's the one that crashed the plane.")


YouTube - Taleb Says Focus on Specific Trades in Selloff Misguided

 

[ctiger2]

Listening to the Max Keiser on Truth About Markets from yesterday they talked about interviewing Jim Rogers and his thoughts on Taleb. In short, Jim thinks Taleb is overrated. The whole Black Swan thing is just a gimmick.

http://ia331216.us.archive.org/2/items/MaxKeiserRadio-TheTruthAboutMarkets-15May2010/tam150510.mp3

 

[RSLudlum]

Thanks for the link and I'll return the favor with a link to Scott Horton's interview with Max yesterday:

http://www.scotthortonshow.com/2010/05/15/antiwar-radio-max-keiser/