Monthly Archives: November 2010

Nassim Taleb on the Fed's lack of understanding on the risks they have created

Nassim Taleb, New York University professor and author of “The Black Swan: The Impact of the Highly Improbable,” discusses the Federal Reserve's decision to initiate another round of quantitative easing. Taleb on Bernanke: “This guy doesn't understand risk:” Watch Bloomberg … Continue reading

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Jeremy Grantham interview today

Grantham on asset bubbles, currency wars and risk to capital as stocks move from substantially over-priced to dangerously over-priced in the wake of QE: “The Fed is trying to make cash look so ugly that it forces you to take … Continue reading

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Historical perspective is key and frequently overlooked

“Gold sets record high amid economic fears,” The Associated Press recently wrote. “Gold surges to record high,” CNN said. Gold closed Monday “at a record $1,402.80 per troy ounce,” the front page of The Wall Street Journal reported on Tuesday. … Continue reading

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