waynei

Nassim Taleb: Renegade Trader with Renegade Ideas - That Work

Actually Taleb was quoted as saying the liquidity crash wasn't even a Black Swan, that everyone knew there was a housing booble but few positioned themselves and fewer realized the extent. I am in that group.
I read all three of his books. His black swan theory applies to life style as well as living. I was diagnosed with cancer 6 years past so that was my black swan. For me, gambling and greed preempts risk averse tatics.
Now i'm paying the price. My new life was to begin Jan. 09. that is gone.
As a christian (also republican) i must take responsibility for my actions.
It saddens me deeply. No bailout for me, only work.
waynei