I guess it went over your head.
Professor Nassim Nicholas Taleb is one of the most brilliant minds alive when it comes to events like the one we are currently experiencing.
Taleb is the author of the Incerto, a five volume philosophical essay on uncertainty published between 2001 and 2018 (of which the most known books are The Black Swan and Antifragile).
He has been a professor at several universities, serving as a Distinguished Professor of Risk Engineering at the New York University Tandon School of Engineering since September 2008.
He has been co-editor-in-chief of the academic journal Risk and Decision Analysis since September 2014. He has also been a practitioner of mathematical finance, a hedge fund manager, and a derivatives trader, and is currently listed as a scientific adviser at Universa Investments.
His 2007 book The Black Swan has been described by The Sunday Times as one of the twelve most influential books since World War II.
The Corona Virus is a black swan event.
If every time someone uses a big word, you react this way, your life will indeed be tough.
The concept is simple:
You have a 401K?
Investments are:
1.) Fragile;
2.) Robust;
3.) AntiFragile
If you have a better or more enlightening source for financial guidance during times of turmoil, please share it.
Bon mots, you seriously cannot be that dense. Look at any Yager or MLM “training” course. Mandatory books and tapes just like this where the “independent” business “owner” has to spend thousands to listen to this drivel to get motivated to spend thousands more on an elusive and illusory quest for more dollars that won’t materialize without tricking others into the scam.
I’m not saying investing in commodities is a scam. But the linked site is a not-so-thinly veiled infomercial for this dude’s books and tapes on “investments” or maybe his own investments scams. And you posted it under News. Again, seriously? Does FR even allow infomercials on our dime?