Posts Tagged ‘Investments’
RAISING THE BAR
Monday, September 20, 2010 13:30 No CommentsFor thousands of years, gold has been valued as a global currency, a commodity, an investment and simply an object of beauty. In the 1981 Iranian hostage crisis, Iran refused to accept U.S. dollars in return for releasing the American hostages it held. So the U.S. transferred 50 tonnes of gold instead. As then Treasury [...]
Quantitative Economic Theory
Wednesday, January 7, 2009 11:53 No CommentsNassim Taleb has benefited hugely from walking his talk. If talking about black swans has proven rewarding (in terms of global notoriety and royalties) since the publication of his memorable book, “Black Swan” walking it has recently delivered rich pickings in monetary terms. Perhaps most relevant to him, it has also finally vindicated a life [...]