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Monthly Archives: November 2010

I was explaining Antifragility to my Italian publisher: a writer is antifragile, a blue-collar worker robust, others fragile. If I beat up an economist, I would spent a few days in an Italian jail, but book sales would shoot up and my message wd be authentic. People would be convinced of the validity of my DeVany-style workout. If a corporate executive did the same his career …

I was explaining Antifragility to my Italian publisher: a writer is antifragile, a blue-collar worker robust, others fragile. If I beat up an economist, I would spent a few days in an Italian jail, but book sales would shoot up and my message wd be aut…

Don't tell my publishers, but as soon as I see a book of mine in the stores, my book is dead for me. My book is only alive when I am still writing it otherwise it does not respond to me anymore (Socrates who hated the written word said the same about the statues of Daedalus: you cannot talk to them). I only like to talk about things (LIKE THIS) I am writing. Ciao di Milano, etc.

Don’t tell my publishers, but as soon as I see a book of mine in the stores, my book is dead for me. My book is only alive when I am still writing it otherwise it does not respond to me anymore (Socrates who hated the written word said the same about t…

DEFICITS & JENSEN'S INEQUALITY – So Art de Vany's statement about energy deficit can be translated into the ubiquitous Sigmoid Function f(x) = [1/(1-Exp[c x]], concave in the positive and convex in the negative.Note that the Kahneman/Tversky Prospect theory has the same shape (with small change in first derivative at 0)It means, as suspected, concentration (feasts/famine) that you should eat a lot when you eat.

DEFICITS & JENSEN'S INEQUALITY – So Art de Vany's statement about energy deficit can be translated into the ubiquitous Sigmoid Function f(x) = [1/(1-Exp[c x]], concave in the positive and convex in the negative.Note that the Kahneman/Tversk…

A question for Art De Vany (and others) on Jensen's inequality & biochemical reactions. If you consumed 2600 calories in one sitting, compared to spread out over 7 meals, how different would the energy production be? Is consumption convex or concave?

A question for Art De Vany (and others) on Jensen's inequality & biochemical reactions. If you consumed 2600 calories in one sitting, compared to spread out over 7 meals, how different would the energy production be? Is consumption convex or co…

Let me restart: an opportunist is someone 1) who violates a certain set of universals for a given reward, 2) who develops opinions about someone or something because there is a reward (finance people), 3) does not do a certain set of actions for their own sake, but for reward (generosity a la TED/Bono)…So a prostitute is not an opportunist compared to a gold digger; an academic is the worst brand of opportunist…

Let me restart: an opportunist is someone 1) who violates a certain set of universals for a given reward, 2) who develops opinions about someone or something because there is a reward (finance people), 3) does not do a certain set of actions for their …

1) Milano, walks & muscato desert wine.2) My ethical system can be reduced to the following: OPPORTUNISM is despicable in all its forms -under constraints of manners. Classicism clashes with post-4th C. AD: doing good to go to heaven or other reward (to be lucky) is CORRUPT in essence. Modernism & Middle class values are the most corrupted by post-classical system of fitting ethics to behavior (hence "economics").

1) Milano, walks & muscato desert wine.2) My ethical system can be reduced to the following: OPPORTUNISM is despicable in all its forms -under constraints of manners. Classicism clashes with post-4th C. AD: doing good to go to heaven or other rewar…

The World in 2036: Nassim Taleb looks at what will break, and what won't | The Economist

Shared by JohnH

Strange to see NNT making ANY kind of prediction, in principal. I am reminded of Marshall McLuhan- he thought of his ideas as ‘probes’, not meant to be taken literally, but to serve as areas of intellectual energy he felt should be b…

a)Preparing for a lecture is highly unethical: if it is not interesting enough for you to know independently, then you should not be lecturing on it. Otherwise:prostitution.b) Studying for an exam is unethical (but to a lesser extent): if you are not interested in the material, you should not be gaming the system.So far I have NEVER prepared a lecture, but have not yet penalized students for b).

a)Preparing for a lecture is highly unethical: if it is not interesting enough for you to know independently, then you should not be lecturing on it. Otherwise:prostitution.b) Studying for an exam is unethical (but to a lesser extent): if you are not i…

Nassim Taleb | Suzanne Ma Online

Shared by JohnH

It’s great to see NNT’s ideas put to use. Raise the standards!
Nassim Taleb, author of The Black Swan, has written about this. He calls it the “narrative fallacy” which is a fancy way of saying the news media takes the facts at …

It takes both insight & character to know the value of what you have before you lose it.[ Οι γαρ κακοι γνομαισιν ταγαθον χεροιν/εχοντες, ουκ ισασι,πριν τις εκβαλη, "Vulgar minds can only know the price of what they have the day they have lost it",in AJAX, Sophocles]http://books.google.com/books?id=j44LBI9MQpUC&dq=ουκ+ισασι%2Cπριν+τις+&q=ισασι#v=snippet&q=ισασι&f=false

It takes both insight & character to know the value of what you have before you lose it.[ Οι γαρ κακοι γνομαισιν ταγαθον χεροιν/εχοντες, ουκ ισασι,πριν τις εκβαλη, “Vulgar minds can only k…

Warm thanks all for the help; the TIME questions were excellent. I was also interviewed by one of the very few journalists NONjournalists Michael Elliott, a former scholar & a true erudite. Now I may try the Beaujolais Nouveau 2010 as NO Lebanese wine in sight.

Warm thanks all for the help; the TIME questions were excellent. I was also interviewed by one of the very few journalists NONjournalists Michael Elliott, a former scholar & a true erudite. Now I may try the Beaujolais Nouveau 2010 as NO Lebanese …

I need HELP! TIME magazine is subjecting me (via the publisher) to 10 questions by (their) readers and all I got are the usual clueless stuff, not the quality questions I got on this page. Please help http://10questions.time.com/2010/11/22/ask-nassim-taleb/comment-page-2/#comments

I need HELP! TIME magazine is subjecting me (via the publisher) to 10 questions by (their) readers and all I got are the usual clueless stuff, not the quality questions I got on this page. Please help http://10questions.time.com/2010/11/22/ask-nassim-…

Ask Nassim Taleb – 10 Questions – TIME.com

Shared by JohnH

Up to 21 questions so far. HatTip to Dave Null.
David Levenson / Getty Images
The former trader gained international acclaim with his best-selling books Fooled by Randomness: The Hidden Role of Chance in the Markets and in Life and T…

Amateur prophets add to the future, pros remove from it.http://www.economist.com/node/17509373?story_id=17509373&CFID=149238396&CFTOKEN=89583226

Amateur prophets add to the future, pros remove from it.http://www.economist.com/node/17509373?story_id=17509373&CFID=149238396&CFTOKEN=89583226Nassim Taleb looks at what will break, and what won’twww.economist.comParadoxically, one can make lo…

I am fed up.

I am fed up.

The only discussion of stochastic arts (nonrationalistic-trial-and-error) I can find in history, so far, στόχαστικὴ τέχνη, a very brief one, in Alexander of Aphrodisias, of all things, a commentator on Aristotle.http://www.amazon.com/Quaestiones-2-16-3-15-Ancient-Commentators-Aristotle/dp/0715626159/ref=sr_1_1?s=books&ie=UTF8&qid=1290425843&sr=1-1See Veronique Boudon, Katerina Ierodiakonou, etc.

The only discussion of stochastic arts (nonrationalistic-trial-and-error) I can find in history, so far, στόχαστικὴ τέχνη, a very brief one, in Alexander of Aphrodisias, of all things, a commentator on Aristotle.http://www.amazon.com/Qu…

Discussion of AntiFragility at Columbia U (NY) today (11:40-12:30); not really open to public but can take a few who crash it by showing up at 11:25 AM, Address, Warren Hall, NE corner of Amsterdam Avenue and 115th Street. Plan to improvise and discuss convexities. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1669317

Discussion of AntiFragility at Columbia U (NY) today (11:40-12:30); not really open to public but can take a few who crash it by showing up at 11:25 AM, Address, Warren Hall, NE corner of Amsterdam Avenue and 115th Street. Plan to improvise and discuss…

Time to Short Treasuries Yet? — Seeking Alpha

Every Ponzi Fails in TimeIn February Nassim Taleb remarked that, “every single human being” should short US Treasuries. Mr. Black Swan may have been a little early, but he’s right, of course. Treasuries are a bubble of epic proportions. And when that b…

Bibliography-An Alternative View of the History of Medicine

Bibliography-An Alternative View of the History of Medicine

AntiFragility Explained

NNT posted this to his Facebook page today. Reporter “Now I’m afraid readers are going to have to wait a little while for this book, right…NNT ” Five years maybe.”

[Cont- Subtractive Therapy] Pomponius Atticus, severely ill, tried, the Stoic way, to take his own life. Having chosen starvation, he was cured of his illness. [retold by Montaigne]

[Cont- Subtractive Therapy] Pomponius Atticus, severely ill, tried, the Stoic way, to take his own life. Having chosen starvation, he was cured of his illness. [retold by Montaigne]

‘The Bed of Procrustes’ by Nassim Nicholas Taleb – NYTimes.com

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NY Times reviews The Bed of Procrustes. HatTip to Dave Lull

Sarah Josephine Taleb
Nassim Nicholas Taleb

THE BED OF PROCRUSTES

Philosophical and Practical Aphorisms

By Nassim Nicholas Taleb

It has taken medicine 2500 years to realize that, like epistemology, healing & therapy are largely subtractive, not additive: you cure by removing elements from peoples' lives (say foods, carbs, medications, nicotine, bosses, cars, New Jersey, etc), not by adding (medication, computers, technologies ).

It has taken medicine 2500 years to realize that, like epistemology, healing & therapy are largely subtractive, not additive: you cure by removing elements from peoples' lives (say foods, carbs, medications, nicotine, bosses, cars, New Jersey, …

Summa Theologiae, the notion of Book-as-Monument. Missing a piece of the works feels equivalent to owning a large painting with a missing area. These derive their splendor from their comprehensiveness.Books as monument (though not Summas): Bayle's Dictionaire (16 vol!),Proust's Recherche, Gibbon's D&F, Zola's Rougon Macquart, Martin Du Gard's Les Thibault, Anthony Something Dance to the Music of Time…

Summa Theologiae, the notion of Book-as-Monument. Missing a piece of the works feels equivalent to owning a large painting with a missing area. These derive their splendor from their comprehensiveness.Books as monument (though not Summas): Bayle'…

The denigration of anti-fragility is in a sentence that dominates Summa Theologiae; one variant: "Agen autem non movet nisi ex intentione finis", an agent does not move except out of intention for an end; in other words THAT AGENTS ARE SO RATIONAL THEY KNOW WHERE THEY ARE GOING.& who dominates this discourse on teleology? Not "the philosopher" (Aristotle), but the more pervasive "commentator", IbnRushd aka Averroes.

The denigration of anti-fragility is in a sentence that dominates Summa Theologiae; one variant: “Agen autem non movet nisi ex intentione finis”, an agent does not move except out of intention for an end; in other words THAT AGENTS ARE SO RATIONAL THEY…