Taleb: Anything that has an infinite (or “long”) shelf life (i.e. “sustainable”) falls under Precautionary People. [CHART]

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Taleb: Anything that has an infinite (or “long”) shelf life (i.e. “sustainable”) falls under Precautionary People.  [CHART]

Summary: Anything that has an infinite (or “long”) shelf life (i.e. “sustainable”) falls under Precautionary Pple. If you can understand what is going on it is probably interesting via Nasim Taleb:

 

 

Seth Klarman’s 2021 Letter: Baupost’s “Never-Ending” Hunt For Information

Baupost's investment process involves "never-ending" gleaning of facts to help support investment ideas Seth Klarman writes in his end-of-year letter to investors. In the letter, a copy of which ValueWalk has been able to review, the value investor describes the Baupost Group's process to identify ideas and answer the most critical questions about its potential Read More

https://twitter.com/nntaleb/status/716625069791907842

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