Black Swan

Universa Investments hedge fund, led by billionaire investor Mark Spitznagel, posted a 4,144% return in a single quarter during the COVID-19 market crash in early 2020. Here's a look at how he did it.  What To Know: Spitznagel is known as a "doomsday" investor who correctly predicted the Great...

Mark Spitznagel, co-founder of Universa Investments, believes the stock market is in a "Goldilocks phase" following the Federal Reserve's rate cuts and China's stimulus measures. After a crash last month, the market surged to new highs, but Spitznagel warns this euphoria won't last in an interview...

Nassim Nicholas Taleb, renowned author of “Black Swan,” has once again voiced his skepticism about OpenAI’s ChatGPT, stating that the functionality of this AI-powered chatbot comes with a condition.  What Happened: Over the weekend, Taleb took to X, formerly Twitter, and...

‘Black Swan’ author Nassim Nicholas Taleb recently took to social media to slam artificial manipulation of market prices. What Happened: On Tuesday, Taleb released a tweet that criticized the artificial prop-up of market prices. Addressing Bitcoin (CRYPTO: BTC) people on,...

‘Black Swan’ author Nassim Nicholas Taleb appeared to take a swipe at supporters of ex-President Donald Trump, suggesting they could easily be deceived multiple times by the same individual. What Happened: Taleb, in a tweet, commented on the trustworthiness of certain individuals,...

In a recent tweet, Nassim Nicholas Taleb, author of “Black Swan,” criticized the investment in Non-Fungible Tokens (NFTs), calling it a sign of a “mental deficit” The tweet was posted on Wednesday. What Happened: Taleb, in his tweet, argued that NFTs are a poor investment...

Nassim Nicholas Taleb, the acclaimed author behind "Black Swan," voiced reservations about OpenAI's chatGPT's suitability for scholarly endeavors, highlighting concerns over its unreliability and referencing errors.  What Happened: Giving fuel to the discussions about the limitations and...

“Black Swan” author Nassim Nicholas Taleb on Thursday declared that Bitcoin (CRYPTO:  BTC)  is not even a suitable tool for money laundering.  What Happened:  In an interview at Bloomberg Invest New York 2023, Taleb called out Bitcoin as similar to a cult with a financial product....

Nassim Nicholas Taleb, author of "The Black Swan," highlighted a crucial limitation of OpenAI's ChatGPT in a recent tweet. What Happened: Taleb pointed out ChatGPT's tendency to focus on the obvious while missing the ironies and nuances of history. Taleb's tweet specifically mentioned an incorrect...

Nassim Nicholas Taleb, author of the “Black Swan,” on Monday reacted to a leaked U.S. intelligence report that Vladimir Putin-linked Wagner Group reportedly offered Ukraine to reveal Russian troop positions if Kyiv withdrew its soldiers.  What Happened: Taleb, in a Twitter post,...

Nassim Nicholas Taleb, author of the ‘Black Swan,’ on Wednesday criticized Bitcoin (CRYPTO: BTC) by stating that it’s a “product designed by toddlers for use by children.” What Happened: Taleb was responding to Balaji Srinivasan, former CTO at Coinbase (NASDAQ:COIN),...

"Black Swan" author Nassim Nicholas Taleb commented on the exit of Fox News host Tucker Carlson from his job on Monday. What Happened: Taleb said on Twitter, "It does not pay to BS for a living." The author said that Carlson and alt-right radio show host Alex Jones represent the "classical case" of...

Elon Musk‘s plan to monetize blue check and other features by launching a paid subscription model, Twitter Blue, invited heavy criticism, but “The Black Swan” author seems to disagree.  What Happened: Nassim Nicholas Taleb, a Lebanese-American options trader and strategist who is...

"Black Swan" author Nassim Nicholas Taleb has alleged that Monero (CRYPTO: XRP) founder Riccardo Spagni was an Interpol mole. What Happened: Taleb said on Twitter that when he argued that everything in Bitcoin (CRYPTO: BTC) was traceable, he was told that Monero could be...

While AI-powered chatbots are becoming a rage, the lack of reliable, accurate and sometimes “very confidently incorrect” answers have turned people against this exciting new technology.  What Happened: Dogecoin (CRYPTO: DOGE) co-creator Billy Markus, who goes by the username Shibetoshi...