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Black Swans, Stock Market Crashes and the Chaos Kings

The Compound and Friends

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The Negative Effects of Black Swan Strategies on Future Success

In 2007, when they went out to launch the fund, there were somewhere about that. They couldn't even raise any money. And then of course, they had massive success. So is there success, has that been like a negative? Or maybe lack thereof, has it been a headwind instead of a tailwind?

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