Tag Archives: Nassim Nicholas Taleb

[unable to retrieve full-text content]Not only does bitcoin fail to satisfy the notion of being a currency without a government, but the cryptocurrency is also not a reliable inflation hedge nor a safe haven investment, Nassim Nicholas Taleb, a probability researcher and former quantitative trader, says in a recent paper.

Swiss Franc EUR/CHF, September 23, 2016Click to enlarge. FX Rates As Nassim Taleb instructed, we should not be fooled by randomness. If you see six red results in a row at a roulette table, do not conclude the game is rigged. If you flip a coin, and it is tails six consecutive times, the contest is not necessarily rigged. Today has the making of the sixth consecutive Friday that the dollar gains against the euro...

I am very pleased to report that the Free Portfolio in its deadline week exceeded my target of 15%, having reached a return of 16.84%, helped by a gain of 2.7%! The purpose of the portfolio was to give readers irrefutable evidence of the unique power of the Grail Equity Management System (GEMS) to generate high returns with no more risk than the S&P 500. High Return: This graph shows that the mother portfolio has a margin of safety vis-à-vis the index of 23.1%,   Low Risk: The...