Skip to content

Monthly Archives: December 2011

You cannot be truly free with your opinion…

You cannot be truly free with your opinion if you have a specialty. via You cannot be truly… | Facebook.

You cannot be truly…

You cannot be truly free if you have a specialty. via You cannot be truly… | Facebook.

My best gift in years…

My best gift in years I got from Belles Lettres- a BIG event: Erasmus’ lecture notes & collection of aphorisms/proverbs from classical litterature. The distillation of knowledge and wisdom by one of the three most learned men in history. Dwarfs much of the bookstore shelves… http://www.lesbelleslettres.com/livre/?GCOI=22510100184530 Les Adages www.lesbelleslettres.com Les Adages. Une première mondiale, l’édition [...]

Friendship is fragile

Friendship is fragile; kinship is robust; attraction is antifragile via Friendship is… | Facebook.

Friends, there is a Levantine expression…

Friends, there is a Levantine expression Mi7in محن diacritical sukun or weak kasra over the 7 ح not to be confused with the Arabic Mi7an محن with a diacritical kasra under the mim and fat7a over the 7. I know no equivalent in English or French. It seems to include “affected”, “with attitude”, “folly with [...]

One has to chose…

One has to chose [between] being writing books and being a writer, between doing and being (or impersonating) –in anything. Once you figure out your preference, everything becomes so easy. via One has to chose… | Facebook.

A Quant’s Apology: Bar Humbug – The Talebian Bar-Bell Portfolio, Part I

In the end I added  this to the ‘haters’ category. Especially after I read this post. He seems to be writing anonymously. Anyone know who it is? According to philosopher Taleb we can have heuristics, but not optimization. Optimization leads to airport delays. It also leads to cheaper tickets and in this exciting two part [...]

Modernism starts…

Modernism starts with the state’s monopoly on violence, and ends with the state’s monopoly on fiscal irresponsibility. via Modernism starts… | Facebook.

You can focus on your actions or on your reputation, not both.

You can focus on your actions or on your reputation, not both. via You can focus on… | Facebook.

CORRECTED EARLIER POST (happy to be human)

CORRECTED EARLIER POST (happy to be human) – Incidentally, for those who think that academia is “quieter” and a emotionally soothing transition after the volatile risk-taking business life, a surprise: when in action, new problems and scares emerge every day to displace and eliminate the previous day’s headaches, resentments, and conflicts. A nail displaces another [...]

In place of “cautious optimism”

In place of “cautious optimism”, I prefer maximally optimistic flight attendants, and maximally pessimistic pilots.[Barbell] via In place of… | Facebook.

Things are not harmful…

Things are not harmful because they are fragile, they are harmful because people don’t know that they are fragile. via Things are not… | Facebook.

Added to Prologue:

Added to Prologue:Incidentally, for those who think that academia is “quieter” and a soothing transition after the volatile risk-taking business life, a surprise: when in action, new problems and scares emerge every day to displace and eliminate the previous day’s headaches, resentments, and conflicts. A nail displaces another nail. But academics seem to hate each [...]

Every new year I…

Every new year I face the realization that the hardest problem in life is knowing exactly what to wish for, owing to side effects; execution no matter how hard, is much more tractable.Merry Christmas everyone. via Every new year I… | Facebook.

(comment: stuff I write with my emotions…

(comment: stuff I write with my emotions, like Fooled by Randomness, or the stories in The Black Swan, I don’t even bother editing; stuff I write with my brain I need to re-write). via (comment: stuff I… | Facebook.

The Prologue…

The Prologue www.fooledbyrandomness.com/prologue.pdf via The Prologue… | Facebook.

Nothing more…

Nothing more fragile than power without courage. via Nothing more… | Facebook.

prairiemary: NASSIM TALEB & THE 3-COLUMN MORALITY

The second column (skin in the game) includes citizens, merchants, businessmen, artisans, entrepreneurs, lab and field experimenters, city-state government, writers, speculators, crusading journalists, activists, traders and his character “Fat Tony” who is always practical. He says, “Do not fly in a plane without the pilot aboard.” (Predator drones risk no lives — just a lot [...]

You want your enemies…

You want your enemies to be maximally predictable to you; you want to be maximally unpredictable to to your enemies. via You want your… | Facebook.

2400 years ago, we were ahead,

‎2400 years ago, we were ahead. Way ahead. www.fooledbyrandomness.com/protagoras.pdf via Nassim Nicholas Taleb.

First Central Heuristic…

First Central Heuristic: I never take or give unsolicited advice.First in 99 heuristics via First Central….

“Natural” is a…

“Natural” is a label invented to designate products that are certifiably not natural.In a Swiss grocery store via “Natural” is a… | Facebook.

Added a section to…

Added a section to the text with the Alan Blinder problem. http://www.fooledbyrandomness.com/ethics.pdf via Added a section to… | Facebook.

A little tough: My chapter naming names.

Get it while it’s hot! NNT often kills pdf links after a few days. A little tough: My chapter naming names. http://www.fooledbyrandomness.com/ethics.pdf www.fooledbyrandomness.com via A little tough: My… | Facebook.

NED Talks at the Hideout – Chicago Tribune

Just because the phrase ‘stand-up economist’ is a new one. Also, let’s not forget the stand-up economist coming to Chicago next month. “A monstrosity that turns scientists and thinkers into low-level entertainers” — that’s how statistician Nassim Taleb described the worldwide “TEDTalks” in his recent book, “The Black Swan: The Impact of the Highly Improbable” [...]