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Monthly Archives: May 2011

Revenge is the expression of weakness; punishment that of duties. While revenge is just for harm done you, punishment is noblest when it for harm done to others -and only others.

Monday, May 30, 2011

Revenge is the expression of weakness; punishment that of duties. While revenge is just for harm done you, punishment is noblest when it for harm done to others -and only others.

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King Louis XII was told soon after he came to the throne that he should now punish his enemies who had done him so much wrong when he was the Duke of Orleans; and he replied that it was not the concern of the King of France to avenge the injuries done to the Duke of Orleans. [Baldassare Castiglione, Il libro del cortegiano]

Sunday, May 29, 2011

King Louis XII was told soon after he came to the throne that he should now punish his enemies who had done him so much wrong when he was the Duke of Orleans; and he replied that it was not the concern of the King of France to avenge the injuries done …

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I've never met any man with both an interesting conversation and an expensive watch.

Sunday, May 29, 2011

I’ve never met any man with both an interesting conversation and an expensive watch.

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We tend to underestimate others' ability to destroy themselves.

Saturday, May 28, 2011

We tend to underestimate others’ ability to destroy themselves.

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Thanks friends! The paper is here…

Friday, May 27, 2011

Thanks friends! The paper is here.http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1850428The Future Has Thicker Tails than the Past: Model Error as Branching Counterfactuals by Nassim Talebpapers.ssrn.comEx ante predicted outcomes should be interpre…

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John Cleese – interview – The legendary ex-Python talks to us ahead of his wide-ranging Alimony Tour | The List

Thursday, May 26, 2011

Shared by JohnH

Nice Find! HatTip to Dave Lull.
Before that, he’s writing his next one-man show, Why There is No Hope, a ‘cutting-edge’ satirical production based on philosopher and finance mathematician Nassim Nicholas Taleb’s Black Swan th…

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The Future Has Thicker Tails than the Past: Model Error as Branching Counterfactuals by Nassim Taleb :: SSRN

Wednesday, May 25, 2011

The Future Has Thicker Tails than the Past: Model Error as Branching Counterfactuals

Nassim Nicholas Taleb NYU-Poly

May 23, 2011

Abstract:
    

Ex ante predicted outcomes should be interpreted as counterfactuals (potential histories), …

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Formal Map of Antifragility (technical)

Tuesday, May 24, 2011

Formal Map of Antifragility (technical)

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I was thinking of counterfeit currencies, which a trained eye can immediately recognize; most products (food, clothes, objects, banking, news) made by corporations are counterfeit.

Tuesday, May 17, 2011

I was thinking of counterfeit currencies, which a trained eye can immediately recognize; most products (food, clothes, objects, banking, news) made by corporations are counterfeit.

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Friends I need help. There are two sets of figures representing Antifragility (1-3, 4-6)…

Saturday, May 14, 2011

Friends I need help. There are two sets of figures representing Antifragility (1-3, 4-6). Which set should I pick? Which one is easier to understand?Thanks in advance.http://www.fooledbyrandomness.com/figures.pdfhttp://www.fooledbyrandomness.com/figure…

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The limits of "PROGRESS": …

Saturday, May 14, 2011

The limits of “PROGRESS”: Would you buy a replica of, say, a Van Gogh painting that is made with “better” material and uses “improved” techniques? Would you value it more than the original?This helps understand the abhorrent aspect of much of economic …

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Hint(since few are getting previous post): if someone gives you more than one reason for anything, he doesn't have a real reason….

Wednesday, May 11, 2011

Hint(since few are getting previous post): if someone gives you more than one reason for anything, he doesn’t have a real reason….

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Disdain is when someone is derided on one single account; envy more than one.

Wednesday, May 11, 2011

Disdain is when someone is derided on one single account; envy more than one.

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Obsessions are antifragile –you feed them by trying to get rid of them.

Sunday, May 8, 2011

Obsessions are antifragile –you feed them by trying to get rid of them.

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Hydra in each one of us (ANTIFRAGILITY, Prologue)

Friday, May 6, 2011

Hydra in each one of us (ANTIFRAGILITY, Prologue)

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Envy, punishment of modernism…

Tuesday, May 3, 2011

Envy, punishment of modernism. Moderns are invaded by electronic display of goods and lifestyle of others, like a punishment, while robbed of the protection the ancients developed through varieties of religious (or classical) heuristics (s.a. Arabic 7a…

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People are more prone to treat each other as equals when they both know that they are not equal.

Monday, May 2, 2011

People are more prone to treat each other as equals when they both know that they are not equal.

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Much easier way to understand the concepts: Antifragility as "positive skewness"…

Monday, May 2, 2011

Much easier way to understand the concepts: Antifragility as “positive skewness”, fragility as “negative skewness”. We can see how hidden risks and iatrogenics are fragile.(Technical: a convex payoff (on a random variable) implies positively skewed dis…

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For those incapable of cutting themselves off, a first filtering of the news…

Sunday, May 1, 2011

For those incapable of cutting themselves off, a first filtering of the news is to only get information about, say, US events in a French or Turkish newspaper (and vice versa); more generally get information about a subject from a newspaper that is ove…

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Other people's rituals look ridiculous.

Sunday, May 1, 2011

Other people’s rituals look ridiculous.

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