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TIP558: How Ackman & Taleb Profited Billions During Market Crashes w/ Scott Patterson
We Study Billionaires - The Investor’s Podcast Network
Taleb and Spitz-Negel's Strategy for the Financial System
Taleb and Spitz-Negel have both been predicting a complete stomach collapse in the financial system for decades. Their view was very, very extreme: No bailouts, let the banks fail if you can stop the bleeding now but the patient is still sick. They kind of see anything that government does is just going to make things worse; it's created this system where the financial markets are floating on free money.
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