3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP558: How Ackman & Taleb Profited Billions During Market Crashes w/ Scott Patterson

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Chaos King Trading Strategy

Clay Fink: Scott Patterson's new book highlights the importance of considering extreme, tail-risk events. The chaos kings are a group of traders or investors who have managed to in various situations benefit and actually prosper during times of chaos. They see something coming that looks risky and dangerous and they make trades that can benefit from it. He says one of the key traits of this chaos king trading strategy is you have to panic early.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode