1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Articles (4612) 

'Black Swan' Author Nassim Taleb - I Don't Like Stocks But I'm Forced to Own Them

January 29, 2013 | About:

I thought this was a very good interview with Nassim Taleb. Some of his observations include:

- People mistakenly define him as a perma-bear, which is not true as he has owned equities for the past three and a half years.

- He doesn't think equities are particularly attractive, but he is forced to own them because he doesn't like Treasury bonds.

- Stocks and real estate are the least of all evils because they offer some yield and protect against hyperinflation.

- Taleb isn't certain hyperinflation is coming, but he thinks it is a possibility and he wants to be able to sleep at night.

- He does not own Asian equities because he does not understand the region, but he does like European equities because he wants exposure to the euro.

- Taleb thinks the euro is a much better bet than the U.S. dollar because Europe has half the deficit the U.S. does.

About the author:


Rating: 0.0/5 (0 votes)


Please leave your comment:

GuruFocus Mobile App

User Generated Screeners

danielkoehlerCheck PS
niregunSP performer2
frankkHist. P/S
georgebornsteinNets] nets

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)