"The Black Swan" author Nassim Taleb says he's focused on hedging against a market collapse.
He said the market is flashing parallels to prior crashes, noting that it is the most fragile in 20 years.
He pointed to risks like high debt levels and "crazy" stock prices in an interview with Bloomberg.
Nassim Taleb, author of "The Black Swan," the famed treatise on the risks related to improbable events, aired concerns over the state of the market in a recent interview with Bloomberg.
Universa Investments is technically "market blind," Taleb said, as the firm employs an investment strategy that disregards short-term market forecasts.
Persons:
Swan, Nassim Taleb, he's, —, Taleb, Mark Spitznagel
Organizations:
Bloomberg, Service, Universa