The CoronaVirus is here to stay - like it or not. It has already had a strong effect on markets.
Assumptions:
Q: What is AntiFragile?
A: There are three states you can be in for a black swan type of event:
1.) Fragile - If the market crashes, you will lose everything;
2.) Robust - If the market crashes, your investments don't really lose (gold?);
3.) AntiFragile - If the market crashes, you make a fortune
The fragile are the left lemmings who look to their rat controlled government for protection as they were instructed
So on this list you can easily identify what is what!
1.) Carnival Cruise Lines - VERY FRAGILE. Great opportunity for a 'short'. The cruise lines will not recover easily from this scare.
2.) TVIX down to the SPXS - these are AntiFragile investments. As the market dives, these will go up - a lot.
3.) GOLD - Robust. As you can see, the panic barely affected gold. As the market continued to dive, however, the price did go down a bit as investors sold some of their gold to cover positions.
What are some of yours?
Thanks for posting this. Taleb should be required reading for every Freeper. Forget that, every serious human being
Bookmark
Reads like every Amway training session ever.
My hero:
Architech, physicist, and wrote the book on Risk Management.
(Actually, my hero is Jesus. George the character is kind of cool, though).
Anti fragile? what a load of crap
what he uses many syllables to describe is the term tough.
most Americans are too lazy to be tough. it requires deliberate effort
I tried to follow the link and for a second I could see your page, but then some big white screen filled in the top and wouldn’t let me scroll down.
Oh. Never mind, it loaded on my 2nd try.
“My question is: What are some of the AntiFragile positions you think will be best for investors during this current panic and black swan event?”
If you truly do not know what’s going to happen, what’s going to go up and what’s going to go down, your best bet is diversification.
If you have some solid rational reasons based on past similar events that some asset classes may do better than others then I would tilt my investment more toward that, while still not betting the farm on it.
Bookmark
What anti Fra-gee-lei might look like.