have heard rogers believes a 50% retracement in commodities is common despite his billions, i also believe he is biased and abit weird....moving to china....how about the pollution there...china's market down 70%?
he didn't move to china. he's in singapore, probably the cleanest place on earth. can't believe you made criticism without knowing the facts
It amazes me that everyone will listen to someone that will "predict" what will happen and yet when a man states he doesn't know no one listen and yet he is more successful than you Regarding his bow tie, I like it! I think I will where one right now
I agree, I'm leary of anyone who thinks they know what is going to happen next. Its contrary to my investing philosophy. If you think you can tell any market what to do I believe your grossly over estimating your own intelligence.
hmmm, that's a coincidence. Just now I was looking at a post by Kedrosky: http://paul.kedrosky.com/archives/2008/10/12/nassim_taleb_ge.html here's the Taleb clip on youtube: http://www.youtube.com/watch?v=ABXP...591189826958266/state/com.google/reading-list
Thanks for the links. Great video. I read both of his books, but still can not understand how mandelbrot's work can help with markets.
Jim Rogers, Peter Schiff, Max Keiser, etc., etc. have all been calling for a massive sell off in USD yet, except vs. JPY, the US dollar has rallied hard. Any thoughts? thx
Its not unimaginable. You are just one trade away from the Maserati, but you are also just one trade away from bankruptcy...