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Just because it didn't come to pass, doesn't mean the risk wasn't real.


By that logic you can never prove any prediction wrong. I think you're setting the bar too low.


“You have a very small probability of making money,” he said. “But if you’re right, you’ll never see a public plane again.” -Taleb, on shorting treasuries


Maybe not important, but in the video minimax linked to in another comment, he said that about buying far out of money options on precious metals to bet on hyperinflation happening, not shorting treasuries to bet on rising rates.




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