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That's possibly because Taleb does not have a good reputation among most experienced professionals (in my circle in the hedge fund industry). He talked a lot of sense, but then failed to put most of it into practice. In other words, he isn't earning money from what he preaches, he earns money from the preaching.

It's all nice and dandy to say "you have to be anti-fragile, expect the unexpected, yadda yadda yadda...", but putting it into practice is extremely difficult. I don't know of a single institution who did so with an audited track record. Sure, there are (were) many tail event specialized funds, but these will not be providing regular income as one would expect from most funds. Rather, they'll tend to constantly bleed money (basically an insurance premium), and then pay out larger sums when the "midden hits the windmill".

Even looking at something like 2008, it is often cheaper to just accept the occasional drawdown and weather the storm rather than buy protection against it, because of the amount of headwind your investment will face in terms of the insurance premiums.




Taleb one day got into an all out drop down twitter war with my friend Andrew Shaffer, author of books like "50 shames of earl grey" "how to survive a sharknado" etc. His personal unhinged behavior makes everyone suspect of his professional work.


Taleb have earned money exactly the way he is preaching: two or three times in his trading career, and earned big time.

Books came after




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