Tag: Black Swan

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$51 million in gold purchased by Palantir to guard “black swan event.”

According to Palantir Technologies' quarterly financial results report on August 12, the company acquired $50.7 million worth of 100-ounce gold bars. This was on top of previous investments in startups and SPACs.

Nassim Taleb joins the zero bitcoin value team :

Nassim Taleb, the well-known author of highly regarded books such as Black Swan and Skin in the Game, who once thought bitcoin was a promising new currency because it was not controlled by a government, has slammed the digital asset, claiming that "it can be neither a long or short term store of value".