The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: Box-By-The-Riviera™ who wrote (62733)	3/14/2012 7:57:52 PM
From: LTK007	Read Replies (1) of 119360

<< he black swan detective of all time in theory.>> but per Nassim own definition, Black Swans can NOT be predicted, that is why he perhaps the first ever to introduce a defensive algorithm against Black Swans in early 1987. His first year on the job. He saved Fleet of Boston millions many millions--so many millions, they gave him a bonus that as he said gave a small fortune that he called "His "F--- You!"--that he never had kowtow agan:)(They also made their First year employee, a full partner) Regards that last crash, he said he EVEN saw it coming, so it was naught but a Grey Swan. In his book he did single out George Soros, saying he was one of handful of people that had some ineffable ability to INTUIT the future. Nassim, like Rogers and Faber consider themselves at best, mediocre timers--like everybody else(which means at best a 50% degree of accuracy). Rogers has said he, Jim Rogers, is one of the worst market timers in the world:) Max

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