Nassim Taleb Says ‘Every Human’ Should Short U.S. Treasuries

Discussion in 'Wall St. News' started by Daal, Feb 4, 2010.

  1. Where was taleb when the thirty year was about 2% I wanted to short it then but didn't know how.
     
    #11     Feb 4, 2010
  2. Maybe he actually said to short-sell Fed Funds futures at 99.88 or better. :)
     
    #12     Feb 4, 2010
  3. In defense of the guy, Taleb has always said that hes a philosopher, not a trader.
     
    #13     Feb 4, 2010
  4. Then he shouldn't give trading advice.
     
    #14     Feb 4, 2010
  5. Daal

    Daal

  6. It is incredible that Taleb, the risk aristothle advices to sell short:
    A strategy with unlimited risk with limited profits.
    Why not buy puts to limit exposure?

    Besides, as he said:
    "the unprobable event WILL happen if you wait long enough"

    What if bonds don't get lower in decades?
    What prevents the Fed from buying 60%, 70%, 80%, 90% of the T-Bond auctions?
    (They are already buying 50%)
     
    #16     Feb 4, 2010
  7. If he speaks, does anybody really pay attention? :cool:
     
    #17     Feb 4, 2010
  8. Daal

    Daal

    Look at todays action, hes not that crazy :p
     
    #18     Feb 4, 2010
  9. #19     Feb 4, 2010
  10. "The most exciting returns are to be had from an asset class where those who know it best, love it least"

    Rinse. Repeat.

    In my entire investing career, I don't think I've ever seen such a consensus as we've seen form over the past month in Treasuries. They've already had a big month in January. I expect Treasuries to continue to outperfrom for the rest of the year.
     
    #20     Feb 4, 2010