Black Swan

Black Swan author Nassim Nicholas Taleb lost his temper with OpenAI‘s large language model chatGPT and only calmed after the AI-powered chatbot apologized.  What Happened: On Thursday, Taleb took to Twitter to share a conversation between him and chatGPT about the “Atlanta Bicycle...

Bitcoin (CRYPTO: BTC) critic and noted essayist and mathematical statistician Nassim Nicholas Taleb has said the apex cryptocurrency is now a “magnet for idiots.” What Happened: In a recent interview with French magazine L’Express, the author of...

Sam Bankman-Fried is “incapable of moving his lips without incriminating himself,” said “Black Swan” author Nassim Nicholas Taleb Wednesday. What Happened: Taleb made the comment on Bankman-Fried, the former CEO of the beleaguered cryptocurrency exchange FTX, in a Twitter...

"Black Swan" author Nassim Nicholas Taleb commented on the nature of the crisis affecting cryptocurrencies in the wake of FTX's liquidity issues. What Happened: "There is no such thing as a “liquidity” crisis with cryptos. A liquidity crisis is for something that has some hard intrinsic...

Former Wall Street trader and author of “The Black Swan” has been a vocal critic of leading cryptocurrency Bitcoin (CRYPTO: BTC) for several years and didn’t hesitate to take more shots last week. What Happened: Author and former options trader Nassim Taleb said many people don...

“Black Swan” author Nassim Nicholas Taleb took aim at what he called “Cryptoism” in a tweet on Monday. What Happened: Taleb said the disease of the 20th century was utopianism, while that of the 21st is “hypernaive utopianism.” The disease of the 20th C. is...

Nassim Nicholas Taleb — former options trader, risk analyst, and author of the bestseller about high-impact unpredictable events “The Black Swan” — explained why he is not a fan of Bitcoin (CRYPTO: BTC). What happened: During a recent CNBC interview, Taleb...

Brandon Fried knew weeks before his keynote presentation to the JFK Air Cargo Expo in New York that he wanted to focus on so-called "black swan" events. The March 26 event was canceled because of the novel coronavirus outbreak, which has spread quickly throughout the New York metropolitan area. ...

Wednesday night, as the Denver Nuggets suited up in the opposing locker room, Mark Cuban assured his Dallas Mavericks that there was a 5% chance — 10% at most — of the NBA suspending its season as a COVID-19 precaution. “I didn’t think it was a likely outcome, and then when...

Over the past two months, the trucking market has been relatively stable. Volatility has died down and the runaway spot market has cooled. This does not freight volumes have contracted, nor does it mean that contract pricing has stopped appreciating. It just means that participants have caught...

The unpredictability of the Brexit vote has led to some spirited financial debates on social media in the past week. One Reddit discussion focused on Nassim Nicholas Taleb. In addition to being a best-selling author, the Lebanese-American statistician is also a former derivatives trader and hedge...

The "black swan" theory describes an event that isn't only surprising, but has a major effect on an event. Naturally, when a major bank is out with a list of black swan events that can threaten the global economy, investors will pay close attention. This is what analysts at France...

Nassim Taleb, one of the world's most influential thought leaders in the area of statistics, spoke with Benzinga partner James Altucher on Tuesday. Only the second interview he's given in 2014, Taleb is the author of "Fooled By Randomness," "The Black Swan" and...

A bullish week  Traders ended the week on several positive notes.  Friday was another bullish day but in disguise. While Friday wasn't a plus-one-percent it was even more impressive. Why? Because it had the potential to be a disaster but it wasn't. The VIX agrees...