Nassim Taleb Bets On the Collapse of Government Bonds, Says Investors Should Avoid Stocks

Bestselling author Nassim Taleb, who prior to Lehman’s (LEHMQ) collapse warned that bankers were disregarding the potential for unexpected catastrophes, says he’s “betting on the collapse of government bonds” and that investors should avoid stocks. Bloomberg: “I’m very pessimistic,” he said at the Discovery Invest Leadership Summit in Johannesburg today. “By staying in cash or [...]