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☆ Watch CNBC's full interview with 'The Black Swan' author Nassim Nicholas Taleb
▼ + stars: | 2023-06-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with 'The Black Swan' author Nassim Nicholas TalebNassim Nicholas Taleb, Universa Investments scientific advisor and author of ‘The Black Swan’, joins 'Squawk Box' to discuss the markets and economy, why a bubble is looming, the state of cryptocurrency, and more.

Persons: Swan, Nassim Nicholas Taleb Nassim Nicholas Taleb, ‘ Locations: cryptocurrency

☆ 'The Black Swan' author Nassim Nicholas Taleb on crypto: A cult coupled with a financial instrument
▼ + stars: | 2023-06-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'The Black Swan' author Nassim Nicholas Taleb on crypto: A cult coupled with a financial instrumentNassim Nicholas Taleb, Universa Investments scientific advisor and author of ‘The Black Swan’, joins 'Squawk Box' to discuss the markets and economy, why a bubble is looming, the state of cryptocurrency, and more.

Persons: Swan, Nassim Nicholas Taleb, Nicholas Taleb, ‘ Locations: cryptocurrency

☆ 'The Black Swan' author Nassim Nicholas Taleb on looming crisis: The risk is in front of us
▼ + stars: | 2023-06-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'The Black Swan' author Nassim Nicholas Taleb on looming crisis: The risk is in front of usNassim Nicholas Taleb, Universa Investments scientific advisor and author of ‘The Black Swan’, joins 'Squawk Box' to discuss the markets and economy, why a bubble is looming, the state of cryptocurrency, and more.

Persons: Swan, Nassim Nicholas Taleb, ‘ Locations: cryptocurrency

☆ 'Chaos Kings': How Wall Street traders made billions on catastrophes
▼ + stars: | 2023-06-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Chaos Kings': How Wall Street traders made billions on catastrophesScott Patterson, ‘Chaos King’ author, and 'Black Swan' author Nassim Nicholas Taleb break down how Wall Street traders made billions by making big bets around major catastrophes.

Persons: Scott Patterson, ‘, Swan, Nassim Nicholas Taleb

☆ Goldman Sachs managing director on Portfolio Construction in Difficult Times
▼ + stars: | 2023-06-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman Sachs managing director on Portfolio Construction in Difficult TimesBuilding durable portfolios to withstand market volatility, and the occasional unforeseen Black Swan event, can be tricky. The standard 60/40 model can provide some semblance of stability, but it cannot always help investors seize gains when conditions are ripe, or prevent losses when things go sideways. We'll look at how investors can make the most of the good times and the bad, by building portfolios that can capitalize on opportunity while minimizing risk.

Persons: Goldman Sachs

☆ ‘The Idol’ Season 1, Episode 2 Recap: A Human Moment
▼ + stars: | 2023-06-12 | by ( Esther Zuckerman | ) www.nytimes.com time to read: +1 min

Season 1, Episode 2: ‘Double Fantasy’One way Hollywood likes to show a woman in crisis is via her battered feet. It’s a hallmark of ballerina media, like “Black Swan.” Bloodied toes are an example of a performer pushing herself to the brink. Episode 2 of “The Idol” offers up one of these moments. None of the takes are good enough, and everyone is growing more and more frustrated with her perfectionism. She pushes through and finally does a take she’s pleased with, but the camera was out of focus.

Persons: Idol ”, Jocelyn, ” It’s, It’s, she’s, Jocelyn herself Organizations: Idol

☆ A real-estate investor who spent a year talking to former landlords who lost money and had to sell their properties says their one major mistake was refusing to raise rent. He shares the strategy he u
▼ + stars: | 2023-06-07 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

McNeeley's 'binder strategy' allows him to increase rent, while still maintaining happy tenants. 'The binder strategy': asking tenants to increase their own rentMcNeeley's "binder strategy" involves sitting down with his tenants, explaining what the average rent prices in the area are, and ultimately asking them to set a fair price. The first page of the binder features a picture of the property they're renting and the amount McNeeley paid for it. "The tenants asked for more than a $300 increase because it's still below the area average and they're still getting a deal," McNeeley said. Typically, McNeeley employs the binder strategy when he acquires a new property and then does a 5% rent increase every other year.

Persons: Dion McNeeley, McNeeley, that's, he'll, they're, It's, He's, he's, handymen, they'd, I've Organizations: McNeeley Locations: Tacoma , Washington, Washington, McNeeley's

☆ 10 Things in Tech: Renting properties to sublet them, the world’s largest polymer 3D printer, and a bare-bones Tesla Cybertruck interior
▼ + stars: | 2023-05-29 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +4 min

I'm Diamond Naga Siu, and I'm excited that the French Open main draw is in full swing today. ChatGPT helped these people earn more money and become better at their jobs. Insider profiled four of them about how it has made their jobs easier: a recruiter, broker, entrepreneur, and chief marketing officer. My colleague Jack Sommers gathered their profiles and highlighted how these workers turbocharged their jobs with technology. Email dsiu@insider.com or tweet @diamondnagasiu) Edited by Alistair Barr (tweet @alistairmbarr) in San Francisco and Hallam Bullock (tweet @hallam_bullock) in London.

☆ Julianne Moore, Natalie Portman anchor Cannes competitor 'May December'
▼ + stars: | 2023-05-20 | by ( ) www.reuters.com time to read: +1 min

[1/5] The 76th Cannes Film Festival - Screening of the film "May December" in competition - Red Carpet Arrivals - Cannes, France, May 20, 2023. Director Todd Haynes, cast members Julianne Moore,... Read moreCANNES, May 20 (Reuters) - Natalie Portman and Julianne Moore anchor director Todd Haynes' attempt at a fourth Palme d'Or in the drama "May December," which premiered at the Cannes Film Festival on Saturday night. Her life begins to unravel when Portman, a Hollywood actor, shows up to prepare for a role as Moore's character. Both Moore and Portman have won Oscars for best actress, 2015's "Still Alice" and 2011's "Black Swan," respectively. "May December," which was shot in just 23 days, is Moore's fourth time working with Haynes.

Two crypto platforms, Voyager and Bittrex, have recently declared bankruptcy, and investors no longer have access to their crypto. To keep your crypto safe with other platforms, consider "cold storage," which refers to keeping your crypto offline. The Voyager and Bittrex bankruptcies are part of a prolonged "crypto winter" along with other crypto company bankruptcies of the past year, including FTX, Celsius, and more. Globally, countries are evaluating Central Bank Digital Currencies, the development of which you can track via the Atlantic Council's website. Regardless of the crypto winter and continuing cascade of crypto platform bankruptcies, digital currencies aren't going anywhere anytime soon.

☆ With eye on Ukraine, top Chinese general calls for unconventional warfare capabilities
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +2 min

BEIJING, May 16 (Reuters) - Drawing lessons from the Ukraine crisis, a top Chinese general urged greater integration of novel capabilities, including artificial intelligence, with conventional warfare tactics ahead of any confrontation with the West. A new genre of hybrid warfare has emerged from the Ukraine conflict, with the intertwining of "political warfare, financial warfare, technological warfare, cyber warfare, and cognitive warfare," General Wang Haijiang, commander of the People's Liberation Army's (PLA) Western Theatre Command, wrote in a front-page article in an official newspaper on Monday. The scale and sweep of Chinese military preparations are closely watched not just by the West, but also by China's neighbours and democratically governed Taiwan, which China claims as its own. "At present and in the future, local conflicts and turmoil are frequent, global problems are intensifying, and the world has entered a new period of turmoil and change," Wang wrote in Study Times. The ability to win is needed to maintain national security, Wang wrote.

☆ Quiet quitting hits the housing market: Tight inventory and still-high mortgage rates keep would-be buyers sidelined
▼ + stars: | 2023-05-09 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Today we're talking housing — but before we get to that, the big thing to watch today is President Joe Biden's meeting with congressional leaders. Joe Raedle/Getty ImagesThe housing market seems to be taking a page from the labor market's playbook right now. Daryl Fairweather, Redfin's chief economist took to Twitter last week to describe the sluggish sector:"Homeowners are quiet quitting the housing market." In effect, more and more homeowners are choosing to stay put with their low mortgage rates locked in, rather than trying to finance a new home at rates that are hovering around 20-year highs. That's due mostly to high rates causing homes to sit on the market longer than usual, which leads to accumulating inventory.

☆ 4 of the world's elite investors agree on the biggest risks that will cause the next recession. Here's how they're each protecting clients with over half a trillion in combined assets.
▼ + stars: | 2023-05-05 | by ( William Edwards | Akin Oyedele | ) www.businessinsider.com time to read: +6 min

Below, we've their quotes on the subjects, along with how they said they're protecting their clients' money. I think it is a good chance, more than a little bit, that there will be a conflict, an invasion of Taiwan. Where to invest now: Roeper said he's bullish on aerospace companies because they're having a "pretty solid recovery" right now. The Vanguard Total Bond Market ETF (BND) offers exposure to different areas of the bond market. Where to invest now: Blake said he likes hybrid bonds, investment-grade bonds over a six-12 month duration, and private credit.

☆ Debt crisis is a scary white swan for US economy
▼ + stars: | 2023-04-25 | by ( Ben Winck | ) www.reuters.com time to read: +8 min

If Democrats and Republicans can’t agree to lift the government’s borrowing limit, the country could suffer an unprecedented and catastrophic default on its debt. The standoff over the debt ceiling is a white swan, or an entirely predictable, very frequent event that has the potential to be as catastrophic as its darker sibling. That is why, in all past scuffles over government borrowing, Congress ended up raising or suspending the debt ceiling. Uncertainty over the timing of the agreement led to the most volatile week for financial markets since the 2008 financial crisis. Failure to lift the debt ceiling soon can spark a vicious cycle of market anxiety, rising borrowing costs and bank stress.

☆ Markets are facing a black swan event with 'nowhere to hide' as the latest rally has fueled a bubble that could burst at any time, veteran technical analyst says
▼ + stars: | 2023-04-20 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Markets are facing a black swan event, according to veteran strategist Jeff Bierman. Bierman pointed to a positive correlation between 5 assets, which is a sign the market is overbought. "This is a witch's brew for the pain trade to the downside," Bierman said in a note on Thursday. This is a black swan event. "Prepare for a bout of volatility," Bierman said of stocks this earnings season.

☆ A real-estate investor who's built a 311-unit portfolio over the last 26 years lays out how new investors can scale up and maximize cash flow in today's market as strategies like home-flipping and BRR
▼ + stars: | 2023-04-16 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

A much better strategy to scale up in today's market is house hacking, Curry said. When Anne Curry started to build her 311-unit portfolio in the late 1990s, she turned to hard money lenders. Curry also said it offers investors to maximize cash flow and the chance to scale up. "Buy something that your mortgage payment is such where you could rent it out for that much, or maybe a little more," she said. The total mortgage payment for the property is about $3,000 per month she said, and he's able to charge $1,800 for the one unit and $900 for the bedroom.

☆ Zillow's chief economist explains why the party is over for short-term real-estate investing tactics like house-flipping — and says long-term strategies designed to generate cash flow are an investor'
▼ + stars: | 2023-04-04 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

You know, long run mortgage rates are expected to be around five-and-a-half, six." Economists at other real-estate firms share similar views to Olsen's in respect to mortgage rates, at least for the rest of 2023. Plus, when mortgage rates eventually fall, one can refinance into a lower rate, improving an investor's positive cash flow. In the meantime, there's a way that buyers can get around high mortgage rates, Olsen said. Many sellers are offering concessions, like paying for repairs and helping pay for a rate buydown.

☆ Peace, love, and Hitler: How Lex Fridman's podcast became a safe space for the anti-woke tech elite
▼ + stars: | 2023-04-03 | by ( Julia Black | ) www.businessinsider.com time to read: +26 min

Seemingly overnight, episodes of Fridman's podcast began racking up millions of views. YouTube/Lex FridmanIn his podcast, Fridman asks world-renowned scientists, historians, artists, and engineers a series of wide-eyed questions ("Who is God? But recently, "The Lex Fridman Podcast" has become a haven for a growing — and powerful — sector looking to dismantle years of "wokeness" and cancel culture. Twitter"The Lex Fridman Podcast" offered a rare opportunity to listen to four-hour conversations with luminaries of tech and science. Bhaskar Sunkara, the founder and publisher of the socialist magazine Jacobin who appeared on Fridman's podcast in December, praised Fridman's interviewing style.

The deal represents a doubling down by Ovintiv on the Permian, where exploration in many areas still promises lucrative returns. Ovintiv will pay cash and also use some of its stock as currency for the deal, the sources said. If the negotiations conclude successfully, a deal could be announced as early as this week, the sources said, cautioning that no deal is certain. The deal will boost the percentage of Ovintiv's production coming from oil, at a time of low natural gas prices. The deal comes as EnCap is attempting to raise a new fund focused on investments in oil and gas production, its first since 2017, sources told Reuters in November.

☆ AI experts disown Musk-backed campaign citing their research
▼ + stars: | 2023-03-31 | by ( Martin Coulter | ) www.reuters.com time to read: +4 min

Civil society groups in the U.S. and EU have since pressed lawmakers to rein in OpenAI's research. Among the research cited was "On the Dangers of Stochastic Parrots", a well-known paper co-authored by Margaret Mitchell, who previously oversaw ethical AI research at Google. Her research argued the present-day use of AI systems could influence decision-making in relation to climate change, nuclear war, and other existential threats. Asked to comment on the criticism, FLI's Tegmark said both short-term and long-term risks of AI should be taken seriously. Twitter will soon launch a new fee structure for access to its research data, potentially hindering research on the subject.

☆ Bank fears will likely lead to even more market volatility in the week ahead
▼ + stars: | 2023-03-24 | by ( Patti Domm | In | ) www.cnbc.com time to read: +8 min

Market turbulence could reign supreme once again in the week ahead, as investors worry about the potential for more trouble rippling through the banking system. The broader market was initially under pressure Friday as investors became jittery about Deutsche Bank . "The market is saying: 'You, the Fed, do not appreciate the slowdown that is going to hit us,'" Chandler said. "The market is going to do a lot better and it held onto its gains despite all the things that rocked the market. He added that market concern about banks has risen, and there is concern credit tightening will hurt the economy.

☆ Interest rate decision: What to expect from the Fed meeting
▼ + stars: | 2023-03-22 | by ( Christine Romans | ) edition.cnn.com time to read: +5 min

Among the choices, the Fed could continue its aggressive rate-hike campaign to cool inflation that is running at triple the central bank’s target of 2%. Warren — already a critic of the Fed’s inflation fight — leveled further blistering criticism of the Republican Fed chief. In addition to achieving price stability and financial stability, the Fed’s broader mandate includes supervision of individual financial institutions, Leer says, and “that’s where the failure lies. “The Fed needs to secure both price stability and financial stability, something that it has failed to so recently,” he told CNN. And this Fed chief inherited an unprecedented economy.

REUTERS/Marton MonusBUDAPEST, March 20 (Reuters) - After the lights dim in Budapest's magnificent Opera House, Ukrainian ballerina Ganna Muromtseva flutters high with undulating arms in the lead role of Tchaikovsky's Swan Lake ballet. Muromtseva was at the peak of her career at the National Opera of Ukraine when the war rewrote all her plans. Her mother plans a visit to see her in Swan Lake at the end of March, which gives her emotional strength. Though the Hungarian State Opera has hired her for another year and she is happy with her new opportunity, Muromtseva would naturally like to return home one day. "I am waiting for this day, that one day I can dance on Kyiv stage again, but for now I have a contract here."

☆ A day trader who returned 380% in 2022 explains why he's keeping his portfolio entirely in cash right now — and how shorting crypto in the face of a recession could lead to another big windfall
▼ + stars: | 2023-03-17 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +4 min

Mark Szemeszki returned 380% last year by getting into the oil trade and by shorting bitcoin. On a recent podcast, Szemeszki shared the macroeconomic indicators he tracks for his trades. He also explained why he's currently 100% in cash — but why shorting altcoins could soon make sense. But whenever an occasion arises where this correlation inverts, he'll short altcoins as their prices begin to relatively increase. "I always try to position it so even though in the short term I may not be right, in the long term I will be right eventually," he explained.

☆ Benchmark's Bill Gurley calls Silicon Valley Bank's collapse 'a black swan event' at SXSW, and casts aside criticism of the move to secure its depositors
▼ + stars: | 2023-03-13 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +2 min

Benchmark's general partner Bill Gurley defended the decision to cover SVB's depositors. The venture capital veteran spoke briefly about the bank after interviewing Tim Ferriss at SXSW. Gurley called Silicon Valley Bank's collapse a "black swan event." Gurley retweeted US Senator Mitt Romney Sunday night after federal regulators announced that depositors in Silicon Valley Bank would have full access to their cash. Bill Gurley shared his thoughts at the end of a conversation with Tim Ferriss at SXSW.

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