Nassim Nicholas Taleb was a successful trader who made 97 percent of his money in the stock market crash of 1987, when he profited by being prepared for events that other traders had not anticipated. He is also the author of two bestselling books - Fooled by Randomness and The Black Swan.
The publication Edge [...]
Here is the first in a series of posts on successful investors’ opinions regarding the current state of the economy. In January, Michael Bloomberg - the multibillionaire mayor of New York City - warned that the planned stimulus package for taxpayers was insufficient. The stimulus package was passed and the government sent checks [...]
Over the past few days I’ve collected some writings from successful individuals and their thoughts on the economy. Trader-turned-philosopher Nassim Nicholas Taleb, hedge fund billionaire George Soros, Bill Clinton’s treasury secretary Larry Summers, billionaire New York City mayor Michael Bloomberg, and former GE CEO Jack Welch all recently shared their opinions on how we [...]