I love books and have a good library of them. To me they are window to widen your mental horizon and to expand your mindset. Recently someone asked me about a book and I had to think hard to recollect the salient features of the book. After contemplating different ways to document or summarise them, I thought of adding them to my blog, so that I can always refer to them easily. It also fixes my other problem. Half of the book I read are in audible and the rest are hard copies. I can easily check Audible to know which books I have read but it’s hard to do that in your library with more than 400 books!
This book aptly addresses different ways to hedge tail risks. Instead of avoiding volatility and fragile periods of investing in equities, this book goes through different approaches to embrace and take advantage of tail risks and black swans. The author mainly follows the ups and downs of Taleb’s tryst with hedge funds, Mark Spitznagel, Diddier and few other well known (finance) personalities.
girish nair 