NASSIM TALEB’S THREE FAVORITE TRADES
4 February 2010 by Cullen Roche
2 Comments
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Comments
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Recursion to Clean
… If we consider the sovereign debt issues currently coalescing, i.e., Greece, et al, as some sort of grand redux of the so-called Sub-Prime fiasco, and I think we should, then there’s the happy realization that such are too big for government functionaries to steer, as they are destructively doing with the original …
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Will be purchasing more treasuries. Longer term shorting treasuries is a good idea but short term they are a screaming buy here.