Nassim Taleb is Frightened and Doesn’t ‘Trust Treasuries’

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Nassim Taleb is Frightened and Doesn’t ‘Trust Treasuries’

Nassim Taleb is Frightened and Doesn't 'Trust Treasuries'The U.S. economic situation is so bad, the author of “The Black Swan” said he has “no choice but to own stocks” to “preserve my financial situation.”

“I own stocks,” Nassim Taleb told CNBC Tuesday. “I don’t trust Treasury bonds. I’d rather have a dividend than a coupon. I am afraid of hyperinflation. So I have no choice but to own stock and some real estate to preserve my financial situation.”

Taleb said he believes in an America that is resilient. “You don’t achieve that through bailouts,” he said. “You need the economy to stay vital. You need a rate of failure. What is fragile should break early.”

Odey’s Special Situations Fund highlights Formula One and Shaw

Crispin OdeyThe Odey Special Situations Fund was down 0.27% for April, compared to its benchmark, the MSCI World USD Index, which was up 4.65%. For the first four months of the year, the fund is up 8.4%, while its benchmark returned 9.8%. Q1 2021 hedge fund letters, conferences and more The Odey Special Situations Fund is Read More


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