And incredibly unethical. He was also appropriating returns from outside funds which had applied the tail-overlay. Two peas in a pod.
Then he turns around and is bragging about his incredible weightlifting feats in his book! LOL what a character. Would anyone ever have heard of him if not for his wife's $?
1. I don't think Taleb has been a crypto critic for 10 years. Maybe 3, although I could be wrong. 2. Cryptos crashed like 5 times in the last 10 years. So he has been right a few times. 3. Madoff survived for how long? In short, the length of the ponzi itself doesn't mean it is not a ponzi.
Was curious how good Universa actually did. Not reliable sources (aka youtube) but i've seen numbers around 80% CAGR for over a 10 year reporting period. That's pretty impressive.
Let's teach critical thinking because it is a hobby of mine... I don't like Taleb or as I call him Captain Obvious. (just a note, otherwise irrelevant) But his funds' performance has nothing to do with the subject, that being criticism of cryptos. In better part of the country where they teach critical thinking what you are doing is called shooting the messenger or strawman argument. Look them up. I understand, your inability to deal with his criticism frustrates you, but such is life and the sooner you embrace life's little facts, the happier you will be in the future. Now have a nice Sunday and educate yourself for fuck's sake...