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ChristianKl comments on Open thread, 11-17 March 2014 - Less Wrong Discussion

3 Post author: David_Gerard 11 March 2014 10:45PM

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Comment author: ChristianKl 12 March 2014 12:59:54PM 0 points [-]

As to (3b) Taleb ran a hedge fund for a while, if I recall correctly. It did badly. Taleb doesn't like to mention it.

Wikipedia says:

The investment strategy of the fund has been explained in a New Yorker article.[3][4] One of Empirica's funds, Empirica Kurtosis LLC, was reported to have made a 60% return in 2000 followed by losses in 2001, 2002, and single digit gains in 2003 and 2004.

Without having the number for 2001 to 2004 it's hard to say how badly it run.

Universa the hedge fund Taleb is currently advicing seems to run well enough to have $6 billion in assets under management but I can't easily find numbers of return.