Taleb said too many investors have been bidding up prices of AI-related stocks without properly knowing details of how it functions. He described technology firms as “gray swans,” as investors underestimate the deviations in prices that are possible in a day.
It is based on the anti-fragility idea and DAM Capital has a portfolio that broadly follows it
Even Buffett is not perfect. Mistakes are an inseparable part of investing, the best investor can do is learn from them and minimize the impact
In an interview to CNBC-TV18's Latha Venkatesh, Nassim Taleb, Statistician & Author of The Black Swan spoke about global economy and other related issues.
Take a double-digit percentage gain and throw in a high level of investor crisis fatigue, and you get a seemingly endless stream of bullish stock chatter.