Did Black Swan Spark the Flash Crash
May 11, 2010 at 15:00 PM EDT
Today’s Wall Street Journal asks if a trade done by Universa Investments L.P., a hedge fund that is known for its ties to Nassim Taleb, author of the 2007 bestseller “The Black Swan,” sparked last Thursday’s incredible market plunge that saw everyone clustering around the exits. The massive sell-off, which sent the Dow Jones down nearly [...]
