Metavalent Stigmergy

As it was in the beginning, is now, and ever shall be, world without end.

14 October 2008

Of Black Swans and Markets

by metavalent

Oct. 14 (Bloomberg) -- Investors advised by ``Black Swan'' author Nassim Taleb have gained 50 percent or more this year as his strategies for navigating big swings in share prices paid off amid the worst stock market in seven decades. ``The Black Swan Protection Protocol is designed to break even 90 to 95 percent of the time,'' Spitznagel said. ``We happen to be in that other 5 to 10 percent environment.''
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