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Full Version: "The Black Swan" author Nassim Taleb Cheers Ron Paul's Economic Platform on CNBC
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I've always liked this guy. I am confused however... the basis of the discussion was a fake economy, bonds are worthless, corrupt banksters, incompetent politicians and crony capitalism.. but all he owns is stocks, real estate and Euros? Not even one word about gold or silver?

Good lord Nassim... get with the program.
(03-13-2012 08:42 PM)Fiat Facade Wrote: [ -> ]I've always liked this guy. I am confused however... the basis of the discussion was a fake economy, bonds are worthless, corrupt banksters, incompetent politicians and crony capitalism.. but all he owns is stocks, real estate and Euros? Not even one word about gold or silver?

Good lord Nassim... get with the program.

December 12th, 2008
Hope this article might simplify it a little more.

The Black Swan
http://www.heartoftheinitiate.com/librar...black-swan
(03-13-2012 08:42 PM)Fiat Facade Wrote: [ -> ]I've always liked this guy. I am confused however... the basis of the discussion was a fake economy, bonds are worthless, corrupt banksters, incompetent politicians and crony capitalism.. but all he owns is stocks, real estate and Euros? Not even one word about gold or silver?

Good lord Nassim... get with the program.

Who knows the contents of his entire portfolio? Stocks and real-estate represent the majority of my holdings.

As I've said a million times on this forum, diversify. Putting all assets in precious metals or any one asset class is playing financial Russian roulette......

sidebar - seems like the forum is having connection issues-
(03-14-2012 09:12 AM)JPMsecretagent Wrote: [ -> ]
(03-13-2012 08:42 PM)Fiat Facade Wrote: [ -> ]I've always liked this guy. I am confused however... the basis of the discussion was a fake economy, bonds are worthless, corrupt banksters, incompetent politicians and crony capitalism.. but all he owns is stocks, real estate and Euros? Not even one word about gold or silver?

Good lord Nassim... get with the program.

Who knows the contents of his entire portfolio? Stocks and real-estate represent the majority of my holdings.

As I've said a million times on this forum, diversify. Putting all assets in precious metals or any one asset class is playing financial Russian roulette......

sidebar - seems like the forum is having connection issues-

He didn't even mention PMs... that's what disturbs me.

Right now AAPL is the stock market. It's funny how the LSM are always saying gold and silver are a bubble, but never talk about AAPL or PCLN being a bubble.

Now the cheerleading, bobbleheads are saying AAPL could hit $1000 a share -lol... that is a great contrary indicator. When the LSM start saying idiotic things like this, people should be selling.

I have also experienced the connection issues.
I just wish I owned more AAPL! lol Got into it at $40s, $60,s and 09 $100 break. Yea it needs to correct but with books going the way of music, Apple is in prime time position. From school text books to all books plus self publishing. Not to mention iphone and other products. I switched to MAC in 2004 and haven't looked back.

March 13, 2012, 5:54 PM
After 244 Years, Encyclopaedia Britannica Stops the Presses
http://mediadecoder.blogs.nytimes.com/20...technology
(03-14-2012 06:54 PM)JPMsecretagent Wrote: [ -> ]I just wish I owned more AAPL! lol Got into it at $40s, $60,s and 09 $100 break. Yea it needs to correct but with books going the way of music, Apple is in prime time position. From school text books to all books plus self publishing. Not to mention iphone and other products. I switched to MAC in 2004 and haven't looked back.

March 13, 2012, 5:54 PM
After 244 Years, Encyclopaedia Britannica Stops the Presses
http://mediadecoder.blogs.nytimes.com/20...technology

I have lots of experience with "coulda/woulda/shoulda" too. If you bought AAPL at $40, $60 and $100, you've done very well for yourself. How many shares you got now?

The company has great products, but IMO, it's still a bubble. I would not be surprised if they split it to encourage more buyers.
(03-14-2012 07:44 PM)Fiat Facade Wrote: [ -> ]
(03-14-2012 06:54 PM)JPMsecretagent Wrote: [ -> ]I just wish I owned more AAPL! lol Got into it at $40s, $60,s and 09 $100 break. Yea it needs to correct but with books going the way of music, Apple is in prime time position. From school text books to all books plus self publishing. Not to mention iphone and other products. I switched to MAC in 2004 and haven't looked back.

March 13, 2012, 5:54 PM
After 244 Years, Encyclopaedia Britannica Stops the Presses
http://mediadecoder.blogs.nytimes.com/20...technology

I have lots of experience with "coulda/woulda/shoulda" too. If you bought AAPL at $40, $60 and $100, you've done very well for yourself. How many shares you got now?

The company has great products, but IMO, it's still a bubble. I would not be surprised if they split it to encourage more buyers.

I'll just say I have more than 3 shares. :) Suspect a split at some time..... Correction to $480s wouldn't surprise me. It's in my long-term account, no worries unless major news.
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