Flaneur: focus on probability (philosophy), probability (mathematics), probability (logic),probability (reallife), deadlifts, Phoenician wine, dead languages.
RT @TMFStoffel: It's funny how once people have skin in the game, virtue signaling ceases and true colors shine through. @nntaleb https://…
RT @RalphNader: Still waiting. -R https://twitter.com/RalphNader/status/1129456063537926144
RT @OndPr: Toute la campagne des européennes du Rassemblement National peut se resumer à un seul mot: Localisme. Au RN on s'inspire des idé…
Northern Phoenicia: the best gym in the world in my ancestral village. Convinced the owners to try teaching ⁦@SS_strength⁩ ⁦cc:@CoachRippetoe⁩
RT @nntaleb: In the light of the Monsanto scandal(s), should we ban paid professional lobbying (as a form of asymmetric tampering with demo…
We need to put an upper limit for RWRI returns. https://twitter.com/jaffer22915438/status/1131525923277295616
RT @nntaleb: In the light of the Monsanto scandal(s), should we ban paid professional lobbying (as a form of asymmetric tampering with demo…
It doesn't mean banning free speech, but banning nonpublic contact with elected officials and government decision makers. All discussions between paid advocates and goverment pple should be made public AND easily accessible.
Unpaid advocacy is NOT professional lobbying.
Unpaid advocacy is NOT lobbying.
In the light of the Monsanto scandal(s), should we ban paid professional lobbying (as a form of asymmetric tampering with democracy and governance)? Remember there are 30,000 lobbyists in Brussels.
RT @apgox: @impcapital No. As @nntaleb wrote, "When I don't have skin in the game, I am usually dumb". For example, if I took out contents…
When deciding with whom to work, or what work to do, beware the "Agency Problem." /@nntaleb
Liver is #Lindy. Not so much muscle meat. https://twitter.com/LIHF_Living/status/1131069023385464837
3- Napoleon + Ate his meals in 10 min. He was also rushed in other activities where it is not recommended + Liked to "punish infrequently, but severely". Reminds me to deliver & continue my ~4Y long dumping on that despicable @Noahpinion http://fooledbyrandomness.com/SmithBSVendor.html
Friends, if anyone is interested to help with a fundraiser for @TulsiGabbard next July in Westchester county, NY, please notify here. We need to help put her on the map before the arms merchants get to her.
Mongolian here is written in Syriac https://twitter.com/incunabula/status/1130408407406587904
"No rumor is true until officially denied." https://twitter.com/realDonaldTrump/status/1130526242531364864
RT @ole_b_peters: Expected utility theory tries to compute the future psychological consequences of the actions of your clones in parallel…
Translation: a famous "businessman" from Naples offered French president Macron to "solve a problem" (or remove a "pebble from his shoes"), an offer Macron could not refuse. https://twitter.com/bruno_amable/status/1129852051494789120
RT @phl43: Il faut reconnaître qu'il a la tête d'un mec qui a réglé pas mal de problèmes dans sa vie. https://twitter.com/bruno_amable/status/1129852051494789120
RT @Morunoyo: Rise Above Mount Lebanon 1/5
Nationalism, the nation state, and Arabism destroyed the best, most sophisticated, most learned, most open-minded city in the Mediterranean. #localism #DeMediterraniation https://twitter.com/CCavafy/status/1130087688680411138
101 BS THINGS TAUGHT TO STUDENTS, 11 "Arab" science wasn't Arab, but Persian (Avicenna, Biruni, AlKhawarizmi (Algorithm), etc.), Syriac, Chaldean, from long traditions that preceded the Arab invasion. They just wrote in Arabic; Newton wrote in Latin but isn't called "Italian".
RT @black_swan_man: https://www.bloomberg.com/news/videos/2019-05-09/taleb-says-fed-should-do-minimum-harm-and-expresses-his-concerns-about- deficits-video #blackswanman #theblackswanman @ErikSchatzker @wef #Davos #IYIs
RT @black_swan_man: #blackswanman #theblackswanman @paulkrugman @R_Thaler #IYIs #expertproblem
RT @nntalebbot: "It is my great hope someday, to see science and decision makers rediscover what the ancients have always known. Namely tha…
Obama and Geithner gave banks the largest bonuses in 2010. Acroparasite Geithner later got a $$$ job with the industry. This has nothing to do with capitalism. I want Geithner in JAIL. https://twitter.com/AOC/status/1129752853315227652
#Lindy https://twitter.com/kateantiquity/status/1129484824685813762
When you sell options, treat the possible as likely. When you buy them, treat the likely as merely possible. https://twitter.com/nntaleb/status/1129787561252139008
RT @nntaleb: In any profession, 90% of people are clueless but work by situational imitation, narrow mimicry & semi-conscious role-playing.…
RT @rj7050: According to Taleb, ‘means’ of two distributions cannot be compared if one has fatter tails. In my experience of money managem…
When you hedge, treat the possible as likely. When you speculate, treat the likely as merely possible.
RT @sahouraxo: Why isn’t this bombshell story about #Syria’s #Douma front page news worldwide? Because it destroys the false narrative of t…
Nice Surprise Incerto now in 41 languages... Just signed the ARMENIAN contract.
Please mark my words. Neil Kashkari @neelkashkari is a DANGEROUS imbecile. https://twitter.com/wlwatts/status/1129058255207055360
Bayer’s Shady PR Firms: FleishmanHillard and Ketchum via @USRightToKnow https://usrtk.org/food-for-thought/bayers-shady-pr-firms-fleishmanhillard-and-ketchum/
RT @BenjaminNorton: This propaganda is embarrassingly bad. Neo-McCarthyite hacks are implying anti-war candidate @TulsiGabbard is a Kremlin…
Bloomberg Interview N N Taleb May 2019 https://youtu.be/4OfnsOT1ys8 via @YouTube
IMBECILES w/low comprehension abilities. It's NOT saying entrepreneurs are "braver than troops", only that in ALL fields risk takers need to be treated w/ respect by nonrisk takers who leech on them. Clearly there are degrees of risk taking. IMBECILES https://twitter.com/lyta_gold/status/1129406176427499520
When people call you intelligent it is almost always because they agree with you. Otherwise, they would call you arrogant.
RT @nntaleb: @itsgoodolsam @financequant The problem of self employment
Just posted a new paper Option Pricing Under Power Laws: A Robust Heuristic https://www.academia.edu/39149471/Option_Pricing_Under_Power_Laws_A_Robust_Heuristic?source=swp_share via @academia
"No probability without ergodicity". https://twitter.com/ole_b_peters/status/1129023713641238528
RT @TulsiGabbard: Trump promised to get the US out of “stupid wars.” But now he and John Bolton are on the brink of launching us into a ver…
RT @EL2019Antwerp: #WednesdayWisdom #quoteoftheday “They will envy you for your success, your wealth, for your intelligence, for your looks…
PROBABILITY FRIDAY:The Mother of all Fat Tails: the log Pareto distribution Prompted by a discussion with @financequant It is not discussed in textbooks/web but easy to rederive.
RT @normonics: The #PrecautionaryPrinciple is necessary to save us from dangerous idiots with “good intentions” https://twitter.com/cnn/status/1065993396395880448
Typos and explained the inequality
One possible approach
2-Napoleon wrote (dictated) 10-30 letters a day; he was maximally into micromanagement. While emperor, on the campaign before Austerlitz, he wrote to the governor of Genoa asking him to stop taking his mistress to the opera because of a prostitution record. Yet he did think big!
If there were no entrepreneurs and risk takers ... (I am getting idiots commenting on salaries without thinking in higher order terms.)
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