FYI: During our Q&A, we asked Taleb about tail-risk hedging and what folks get wrong about “black swans.” We also asked him for the biggest risk out there right now.
“The fact that the world, as a result of quantitative easing, has seen an asset inflation that benefited the uber-rich, and that nothing has been cured. One cannot cure debt with debt, by transferring from private to public sectors. The markets will ultimately crash again, although this time it will hurt a lot more people,” he said.
Regards,
Ted
http://finance.yahoo.com/news/nassim-taleb-tail-risk-hedging-000000014.html
