Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

@hermanramos7092

11 ай бұрын

These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones.

@Oly_laura

11 ай бұрын

I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured some money in value stocks and digital assets,i accrued over $80K in dividends last year

@martingiavarini

11 ай бұрын

@@Oly_laura I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?

@Oly_laura

11 ай бұрын

@@martingiavarini My advisor is ‘’Catherine Morrison Evans’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

@martingiavarini

11 ай бұрын

@@Oly_laura Thank you for this Pointer. It was to find her handler, She seems very proficient and flexible. I booked a call session with her.

no way Bloomberg does not have better quality for a Taleb interview 😭

@serg3615

Жыл бұрын

it was streamed from iPhone 4

@gmoney2667

Жыл бұрын

I assumed he meant the interviewer. She made the tech issues a pleasant distraction.

@louie90s_CA

Жыл бұрын

agreed. but its also on a boat, i assume that had an effect

@travishookham

Жыл бұрын

He has a thing about low quality videos - Something like, people pay more attention the lower the quality of the video

@loboastuto2209

Жыл бұрын

Indeed

This guy is the smartest guy around IMO. His Book "Antifragile" is one of the best books i have ever read. i love his one quote - " if you see fraud - and don't call fraud you are a fraud"

@paulradich85

Жыл бұрын

I hope he writes better than he speaks because he comes off very fragmented and not super cohesive.

@marcuscheeweixing2059

Жыл бұрын

His books are awesome

@lesleyjohnson8488

Жыл бұрын

I agree. Fave book by Taleb. And I think HE thinks so, too

@JS-dm5sp

Жыл бұрын

@@paulradich85 agree. Around minute 17 he gives away his inflation weighting

@axileus9327

Жыл бұрын

Very smart but his general assessment of global markets is essentially a just world fallacy. He’s just saying that if debt were real and has consequences “the old fashioned way”, things would be more equitable. Well, that’s great, but the major stakeholders don’t want equitable they want to maintain their leverage. He’s been saying this since 2008. Not once did the us government hold financial institutions accountable for recklessly writing debt… because it’s all the same people benefiting. Like I said, it’s not dealing in reality, it’s dealing in how he thinks it ought to be.

I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.

@Lemariecooper

Жыл бұрын

Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.

@patrickbrussels4454

Жыл бұрын

@@Lemariecooper it took me 5 years to stop trying to predict what about to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.

@jessicasquire

Жыл бұрын

@@patrickbrussels4454 The one effective technique I'm confident nobody admits to using, is staying in touch with an Investment-Adviser. Based on firsthand encounter, I can say for certain their skillsets are topnotch, I've raised over $800k since 2020. Just bought my 3rd property for rental. Credit to FLORENCE YAGODA.. my Investment-Adviser.

@Erikkurilla01

Жыл бұрын

@@jessicasquire FLORENCE YAGODA really seems to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. Written her

@Capeau

Жыл бұрын

Dont worry the 80's were pretty good and intrestrates were high too. Its a matter of readjusting things. It will be a shock for sure, but on the other hand all the useless crap that costs too much money and has no real use will get flushed out. It really is about time this happened. Keep in mind you can make a lot of money in a declining market aswell (shorting).

For a Bloomberg interview it’s shocking quality, audio keeps dropping out constantly

@MusicalMemeology

Жыл бұрын

It’s crazy KZreadrs are able to do better quality than Bloomberg ffs in 2023?!

@ystein12

Жыл бұрын

they´re on a boat, lil bro

Billionaires became billionaires by valuations not cash flows……very true especially nowadays

@klam77

Жыл бұрын

OPM baby....OPM

@timjrgebn

5 ай бұрын

Given the Fed is now discussing rate cuts, a big question mark is appearing: Will things return to moderate interest rates and force cash flow driven wealth? Or will their be enough pressure from idol wealth to prevent this? If the Idol wealth wins, the US is heading to an extremely hard landing, if not a severe backsliding in global competitiveness (if it hasn't already).

Intricate Mathematician + Engineer + Trader + Writer + Linguist = Nicholas Nassim Taleb. Genius means being able to apply principles in an interdisciplinary way. True heroes are never appreciated because comfort inoculates us against our blind spots.

@carefulconsumer8682

Жыл бұрын

Es verdad.

@brendonpitcher5611

Жыл бұрын

no one loves him as much as he loves himself.

His book 'Fooled by Randomness' changed my investing career in 2007. No nonsense, strictly probability trading, no emotions.

@anycolouryoulike8567

Жыл бұрын

what's your net worth?

@zamiadams4343

Жыл бұрын

Same here Mike, probability and the law of large numbers.

@masaeffy

Жыл бұрын

Ludwig Von Mises got me out of the hood 💯💯💯

@yington

Ай бұрын

His whole point is that you don’t know the probability. He just buys deep OTM options

Really does amaze me how few people understand the inverse relationship between interest rates and asset prices. So many people in my generation are completely clueless to the world around them. Thank you for the talk, Nassim helps provide a grounded perspective.

did they film this on an iphone 3g?

Fantastic insights, so much to absorb. Thank you! The interviewer’s questions sometimes are too shallow and bringing up quick and shiny words but the professor’s ignoring them. He is a teacher and he wanted us to learn that’s why he’a taking his time, making sure he delivers deep insights.

Nice sound quality 👌 obviously Bloomberg didn't want this message out !

Happiness is equal to positive cash flow.

Throwback to 2006 youtube quality! haha

Great interviewer!

Great to have Mr. Nassim Taleb, always a pleasure to listen to him.

was this produced by a financial TV network or the local Chamber of Commerce?

Debt bubble is coming down soon! Cash is king. 😎

Frustrating audio gaps

This man is a legit genius. His contribution for Behavioral Finance and debunking traditional finance value will be remember. But i am a bit sad that he is beefing with Lex.

@sandworm9528

Жыл бұрын

A bit of verbal conflict is good, keeps everyone honest

@carteracho

Жыл бұрын

Lex is a phony that’s why Taleb doesn’t associate with him

Tail events are very rare. It’s easy to forget about risk

@michael57603

Жыл бұрын

But the impact can be very high, so some cannot be ignored. Like not having health care.

@jamesmarsh4047

Жыл бұрын

@@michael57603 yep. That probability is not that important when the impact is immense

@mth469

Жыл бұрын

These "tail events" seem to be appearing with alarming regularity.

@jamesmarsh4047

Жыл бұрын

@@mth469 no

@wildmanmike100

Жыл бұрын

And they occur with more frequency than we realise

This quality gave me 56k modem era feelling

Interesting perspective

Phenomenal talk, and you are actually right on the complaining part, I am humbled.

the best books i read about the risk in finance .

@chocolatier9597

Жыл бұрын

Which one is your favorite?

@maloukemallouke9735

Жыл бұрын

@@chocolatier9597 Antifragile

This is Bloomberg. Why are there audio issues?

Sometimes we need to remember that money is a social construct. Always has been and always will be.

@slovokia

Жыл бұрын

Money may be a social construct but it is ultimately a decentralized consentual one. Money is not money because of government decree, money is money because enough people think it has value.

@michael57603

Жыл бұрын

@@slovokia not exactly. Some fiat money trades at higher value because it’s perceived to be backed by more trustworthy governments.

@1greenMitsi

Жыл бұрын

money makes it possible to trade a cow for 6.5 chickens without having to kill a chicken

What “correct” options pricing theory is Taleb referring to at 35:05 when referring to Black-Scholes as incorrect?

@Booogieman

Жыл бұрын

His barbell strategy, I guess

How on Earth does a company like Bloomberg have such shoddy audio quality?? Someone should get fired

BT, Thanks for the interview, guys please work on the mic.

Wow the audio quality is trash, but great content!

Why doesn’t Taleb read his own audio books? Does anyone know?

@winstonwolfe2537

Жыл бұрын

Too mundane

@Learna_Hydralis

Жыл бұрын

He views himself as an author .. not a speaker, not a narrator, not anything else .. his best work always written in pages .. anything else is neglected or bad on purpose so honest followers come for the quality of ideas not appearances!

@DogeLeague

Жыл бұрын

@@Learna_Hydralis thanks this helps!

This felt so amateurish with the sound and mic problems. Come on Bloomberg!!

Bloomberg's Sonali Basak vs CNBC's Seema Mody

I feel he explains written better than spoken.

@stevelam5898

Жыл бұрын

How could you explain talking with such a pair of legs in front of you..

@jorgesamuel5799

Жыл бұрын

He has said thats because of his writing editor, he/she is the one that makes things more fluid

@TheMisanri

10 ай бұрын

1000%

Interviewing Taleb requires a lot of patience. Watching his performance is even more painful than looking at the month end statements.

@Caliberstylz

Жыл бұрын

Probably took a lot for her to maintain composure😂

@doodedoodotdotdeedooyeah

Жыл бұрын

It's like he's formulating thoughts that he isn't vocalizing. Completely incoherent.

@Caliberstylz

Жыл бұрын

@@doodedoodotdotdeedooyeah wonder how long it took him to write that book

@nokidding152

Жыл бұрын

And the worst part is his simps who think he's being profound.

@jamesmarsh4047

Жыл бұрын

Aria you are moron

Economic investigator Frank G Melbourne Australia is still watching this informative content cheers Frank

You can fully comprehend and - consequently - appreciate Taleb and his investment concept without familiarizing yourself with the works of Mandelbrot.

Speaking of "tumors" or "bubbles" they are in Miami where many areas have houses priced at more then $4,000/SF ! Talk about Bubbles! The RE market is a HUGE one, esp in places like Miami, SF, NYC, etc. Interesting he refers to Biden as "Brandon."

You’d think Bloomberg could afford better video and audio equipment.

haha, what a chick dangling her legs in front of mr.swan

Commodities may be cheaper but interest rates won’t be really low so cash will become more valuable ?

Great interview. Please fix the damn microphone.

Finally, someone who speaks common sense

@antonm8719

Жыл бұрын

It is sense, but it is not so common unfortunatelly.

Hahahahaa, 6:36 "It's all paper, for god's sake!"

Max was here

The debt ceiling eill be material because the anticipation will be felt in asset prices as we get closer. He clearly doesnt follow the political landscape close enough.

@axileus9327

Жыл бұрын

He doesn’t follow political landscapes at all. I read his book when I was in college, but then as I saw governments literally erase debt with a wave of a wand I realized his grand theory is based on a system that if it ever really existed, is irrelevant today.

WOW.. she is distractingly beautiful

Bloomberg is putting lot of ads and the video was gettint stuck in between!

is that my browser or this recording is that broken?

Interview was great but production quality gets an F. Audio on mic not working, video freezing, shaking stage. Wtf is going on.

Patience that's it all it takes today people don't have the patience let alone the time span.

Sonali is gorgeous idgaf

Why this video is interrupting? Maybe because he says the truth ?

@Booogieman

Жыл бұрын

They were on a boat

How's the quality so bad ????

Nice

Don't give Nassim a microphone with a switch.

@lesleyjohnson8488

Жыл бұрын

😂

@fredwinslow744

Жыл бұрын

😅

The lesson from Taleb life is not doing the same thing as him but to think outside the box. Maybe studying dance and drawing will make you a smarter trader, not math and linguistics.

You cant do the Lex Friedman podcast but she meets the Nassim standard. I wonder why....

@fredwinslow744

Жыл бұрын

He says I’m there is something about lexs style or substance that is evident to anyone. That underlies why he refuses to talk to him. I have no idea what that is ie to naively positive ? So that is a good stage to challenge Lex etc. don’t get it and don’t know why he can’t elaborate for the rest of us under IQ of 150 ?

@RagedContinuum

Жыл бұрын

Maybe Lex is another youtube grifter?

@davidsewell4999

Жыл бұрын

@@RagedContinuum No

Taleb is hilarious

Minute 37 summarises the secret sauce to Germany's success

Shame for the quality of this video. Incredible from Bloomberg

He's trying as hard as he can to talk and complete sentences while looking at her legs it's not easy

The rate was not "zero;" it was just above zero. Zero will happen again if CPI and core CPI fall off a cliff. Last 6 months of CPI has been essentially flat. The federal reserve will lower again, it is just a matter of to what and when. 2nd half 2023 stay flat or prime rate cut in half... appx 2.5%?

@fredcrossman5133

Жыл бұрын

Dream on. Inflation here to stay for the decade. M2 up 40%

Wow, she’s gorgeous

The audio is very messed up

lord have mercy on us

Whose smart idea was it to put a commercial every time the video breaks up. 20 ads to cover up poor quality video lol

Hard to listen when microphone not functioning.

recording quality extremely poor😑

smash?

@jumbojaberi

Жыл бұрын

Smash and Relax

@massacreee3028

Жыл бұрын

get a life

Is it just me or does it seem like the interviewer and audience don’t understand anything Nassim is saying. The interviewer is prying Nassim to say something like this stock is overvalued or where the market is going in the short term.

@nishantchandra2876

Жыл бұрын

Interviewer certainly doesn’t have any head or tail about what Nassim said

@nish8066

Жыл бұрын

Omg! I was THINKING THE SAME THING. It felt like interviewer was on completely different planet not understanding a damn thing Nassim is trying to say. The worst interviewer. Ugh

🔥

Those legs did an amazing job of distracting me from the sound dropping out!

lol dont stop urself from smiling though

It’s 2023 and we can’t even get a working microphone and reasonable video quality? I get better quality from KZreadrs in their kitchen than here on Bloomberg. Wtf is going on?

Seriously you are uploading with this audio quality???

TALEB's MICROPHONE KEEPS CUTTING OUT

Well the big issue he is missing is that stock prices are ultimately decided by supply and demand. No matter the dividend yield, no matter the cash flow, no matter the FED interest rates, if there is enough demand for a stock, the price will go up. And history has shown demand for stocks is increasing. It's actually very simple. More and more people with more and more money (due to technological advancements and increasing standards of living) will buy stocks and that is the only reason why stock markets are and always will be going up (with little temporary bumps on the road).

@whoislewys3546

Жыл бұрын

I was a huge fan of Nassim Taleb, but seems he got high on his own supply

@wildmanmike100

Жыл бұрын

More and more people equals bubble.

@johnstillwell4353

Жыл бұрын

I think that's a good point, but I don't know about it being a long term trend. A market downturn will have the weak hands running for cover.

@naumanayub1348

5 ай бұрын

Stocks go up because money is being printed more rapidly.

The Black Swan book is just paper.

For I had pondered on a rune of roses, Which to her votaries the moon discloses

Who is the fool running audio/video at Bloomberg, and why is he not fired?

audio technical problem is embarassing

His so called, Bleeding is called the Real interest rate - You must take inflation into account when calculating what the Real Interest rate is

Everyone commenting like a sound engineer is not listening

Ugh. There is a thing called humility.

it is so annoying that they could not provide a good mic

Did u have to record this interview with potato equipments?

The laziest thing you can be in investing is a perma bear. It’s easy to point out what can go wrong, much more skill required to predict what will go right (and how/when!)

shocking quality

This recording is hard to hear. Breaking up too much

Is no socks a sign of a black swan ankle event?

BTC has own cycles as well.

Lots of glitches in the video. Makes it very frustrating to watch

Poor job to capture sound properly...

Nassim has a faulty mic which destroys this interview.

THE RPOC DUMP IS IMMINENT

What a lowsy sound for such a interesting interview and guest. Really bad. Not expect that from Bloomberg

Too many commercials

People who are not into what??