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Back to chickerinoDOTcom Written on 25-Nov-2008 by chickerinoThis is the problem you see ...
written on 02-Dec-2008
peervm says:
I kept thinking that the interviewer was ben stiller in a balding wig.
Which didn't distract from the fact that Taleb is completely right about the snowball effect and funds liquidating assets. The GBP has dropped 45% in one year partially caused by investors being forced to unwind so many carry trades and pay back japanese loans.
As an aside, I highly recommended the mandelbrot book.
written on 02-Dec-2008
chickerino says:
Yeah, I gotta get back into reading some interesting books at some point. Just so damn busy at the moment...
In other news - stupid pound! grrrrrr!!