Black Swan’s Taleb Says Nvidia Rout Is Hint of What’s Coming

What You Need To Know

• Future pullbacks could be two- or even three-times bigger than the firm's 17% slump on Monday, he says.
• Taleb said investors have until now been too focused on a single narrative about AI.
• He described technology firms as “gray swans,” because investors underestimate the deviations in their prices that are possible in a day.