Wednesday, August 11, 2010

Avoid Stocks, Short Government Bonds per Taleb

Best-selling author, Nassim Taleb, author of The Black Swan: Second Edition: The Impact of the Highly Improbable: With a new section: "On Robustness and Fragility", has made a very depressing prediction. He believes that government bonds will collapse and that investors should stay away from bonds.

He recommends staying in cash for the next couple years. Not very optimistic.

By the way, we did a review of The Black Swan several months ago.

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