The WorldSkills Conference 2019 started at important debate between Nassim Taleb and Dmitry Peskov, Special Representative of the President of the Russian Federation on Digital and Technological Development and Director of the department «Young Professionals» of the Agency for Strategic Initiatives. The experts discussed about the risk-engineering and its benefits for creating better management tools and and building a strong competitive economy.
NNT audio only:
@nntaleb Imbecilic Keynesianisticists find *ad hoc* arguments to argue deficits don’t cause inflation. The focus is on “foreign debt”. There are tons of counteramples, including close to me the Lebanese devaluation (rate frm 3/$ -> 1500) that ruined my grandfather https://twitter.com/msilva12000/status/1094644393854844929 Permalink 9:15 AM – 10 Feb 2019
@nntaleb Industrious BS producing psychologists have been using correlation/regression for 100 years like parrots without trying to figure out what it means intuitively. They can’t even define it. Correlation (unlike mut information) is randomly subadditive or superadditive! https://twitter.com/nntaleb/status/1090626453018955776 Permalink 8:19 AM – 10 Feb 2019
@NeutralTesla And Khashoggi died as the result of a fistfight. Saudi Arabia says has ‘nothing to do’ with Bezos-AMI dispute https://reut.rs/2GjiNnI @nntaleb Permalink 8:16 AM – 10 Feb 2019
@nntaleb Announcement: Deborah Mayo @learnfromerror has a seminar on the philosophy of statistics. She also has a new book on the subject. Comments to come. pic.twitter.com/AXmhra36muPermalink 8:12 AM – 10 Feb 2019
@nntaleb From POPPER to FAT TONY *BS detection*, *via negativa*, *not being a sucker*, & asymmetric epistemology are rarely accepted as modi operandi across disciplines. BS detection is the engine of 1) epistemology/science for Popper 2) theology for Orthodoxy 3) business for Fat Tony https://twitter.com/brentdsummers/status/1094561610964684801 Permalink 6:10 AM – 10 Feb 2019
@nntaleb …and risk. Please do not give me Keynes as counterexample as he proved to be clueless about risk, but wasn’t as intellectually defective as today’s Keynesians. Permalink 4:29 PM – 9 Feb 2019
@nntaleb Weimar Republic Zimbabwe, Brasil, Venezuela, Argentina Keynesian Economics is proving to be the refuge of people devoid of 1) common sense, 2) business acumen, 3) scientific rigor 4) elementary intellectual abilities, 4) historical & other erudition, 5) curiosity … https://twitter.com/StephanieKelton/status/1093575469440618496 Permalink 4:01 PM – 9 Feb 2019
@nntaleb Weimar Republic Zimbabwe, Brasil, Venezuela, Argentina Keynesian Economics is proving to be the refuge of people devoid of 1) common sense, 2) business acumen, 3) scientific rigor 4) elementary intellectual abilities, 4) historical & other erudition, 5) curiosity … https://twitter.com/StephanieKelton/status/1093575469440618496 Permalink 4:01 PM – 9 Feb 2019
@nntaleb Unpublished pictures are worth a lot more than published ones. #NationalEnquirer #UmbertoEcosLibrary Permalink 12:54 PM – 9 Feb 2019
@nntaleb PROBABILITY DU JOUR The phenomenon known as “regression to the mean” is largely a social science illusion. It requires a stable & *known* mean, constant standard deviation, a thin-tailed distribution, & homogeneous cohorts. Permalink 11:52 AM – 9 Feb 2019
@nntaleb It is easiest to do the most when you have nothing to do. Permalink 10:09 AM – 9 Feb 2019
@yzilber Gawker were saints Vs Nat Etq. Nate Enq are mafia Gawker were just crude thugs misbehaving Permalink 2:52 PM – 8 Feb 2019
@nntaleb What Occasio is saying on lobby funding is right, healthy, & perfectly compatible with libertarianism/localism. These distortions/hijacking of representation are the product of a centralized system. Let us make sure these ideas of sound governance are not marketed as “socialist”. https://twitter.com/JKCorden/status/1093634176845139968 Permalink 9:26 AM – 8 Feb 2019
@nntaleb The most unsettling part of the @JeffBezos story is the very high possibility that Saudi Arabia is blackmailing the current U.S. president. Even in the case of Bezos, blackmailing on behalf of a foreign government has some legal consequences. https://twitter.com/nntaleb/status/1093845565333475329 Permalink 7:02 AM – 8 Feb 2019
@nntaleb 1- Charlatans and socialists offer positive, non via negativa “solutions” 2- I block idiots. Like immediately. Nothing personal. Permalink 6:24 AM – 8 Feb 2019
@nntaleb MORAL OF THE STORY: – If Saudi Barbaria & the Nat. Enquirer can explicitly blackmail the richest person in the most powerful country, where does it leave the rest of us? – Remember we were saved from Gawker that was in the business of ruining the lives of college students. https://twitter.com/JeffBezos/status/1093643321732464646 Permalink 4:14 AM – 8 Feb 2019
@Safaitic I will be giving a lecture at ISAW ( http://isaw.nyu.edu/ ) on March 29-30 at a workshop on the Nessana Papyri. I imagine it will be open to the public so please join us and hear about the trilingual language situation of the town in the 6th c. CE. Permalink 12:10 PM – 7 Feb 2019
@nntaleb 3- (Ghosn) I know numerous billionaires; I’ve met many CEOs. Billionaires tend to live as if they were CEOs; CEOs tend to live as if they were billionaires. Permalink 12:04 PM – 7 Feb 2019
@nntaleb 2- Ghosn fell prey to the “show me the man, I will find you a crime”. Someone with enemies should be obsessive about creating a web a “plausible deniability” ahead of time. You need to stay at least one step ahead of your enemies, in France two steps, and in Japan, three. Permalink 9:38 AM – 7 Feb 2019
@NonMeek A good rule of thumb is to focus on what people do instead of what they say. #NOskininthegame = #BS pic.twitter.com/Qp3L9kb8WIPermalink 7:48 AM – 7 Feb 2019
@nntaleb WHAT CAN WE LEARN FROM CARLOS GHOSN? (Thread) Ghosn is a very competent man but 1- One cannot behave like Henry Ford or Louis XIV if one is getting a salary/under corporate bondage. Worse: one is NEVER free when getting a salary. Permalink 7:07 AM – 7 Feb 2019
@nntaleb Universa’s Spitznagel on Fed Policy, Hedge Funds and Insuring Market Risk https://youtu.be/xiBjBkXBHLw via @YouTube Permalink 6:21 AM – 7 Feb 2019
@nntaleb The IQ thingy by psychologists/BS vendors is drawing me back to the problem of non-elipticality of distributions. Correlation is much harder to work with than you think. (from my next book) pic.twitter.com/k2R1Z86dHdPermalink 1:54 PM – 6 Feb 2019
@nntaleb 1- Never take any positive advice from someone you didn’t ask for advice. (corrected to fix the meta-problem). Permalink 1:26 PM – 6 Feb 2019
@nntaleb Finally figured out. “IQ” doesn’t test for intelligence; rather how likely a person is likely to become a state-solution loving socialist. Permalink 11:01 AM – 6 Feb 2019
@normonics genetics is good for sorting out history, as @nntaleb is doing, but is terrible for making predictions or describing how macroscopic behaviors and properties unfold from genetics, given our current knowledge and abilities. Permalink 8:44 AM – 6 Feb 2019
@thackerpd Nina Federoff is the former President of AAAS. She is now an advisor to a law firm that lobbies for the agrochemical industry and a critic of #GMO reporting “Flacking for GMOs: How the Biotech Industry Cultivates Positive Media—and Discourages Criticism” https://progressive.org/magazine/how-the-biotech-industry-cultivates-positive-media/ Permalink 7:57 AM – 6 Feb 2019
@nntaleb Those who aren’t in it for the money won’t tell you that they aren’t in it for the money. Permalink 7:48 AM – 6 Feb 2019
@nntaleb 3- The only thing a business school professor can teach you is how to become a business school professor. Permalink 7:15 AM – 6 Feb 2019
@nntaleb 2- Never take any financial advice from someone who has to work for a living. Permalink 7:03 AM – 6 Feb 2019
@nntaleb 1- Never take any advice from someone you didn’t ask for advice. Permalink 7:02 AM – 6 Feb 2019
@nntaleb 2nd Lecture at Tandon on probability, showed how under some conditions (conservation) Max Entropy leads to the Gaussian. Adding the derivations to my book. pic.twitter.com/I6y85F8BsiPermalink 5:30 AM – 6 Feb 2019
@nntaleb Hayda tzwir térikhé. L-lbnénéné (w l mashr2é/néoKn3ané) lghétna l2mm. Permalink 4:55 AM – 6 Feb 2019
@nntaleb An indicator of freedom and bondage: how often did you have to use an alarm clock this month? Permalink 4:52 AM – 6 Feb 2019
@normonics Quick GMO complexity lesson: A central challenge in complexity studies is understanding how microscopic properties and behaviors flow upwards in scale and produce macroscopic behaviors It turns out this is a VERY hard problem Permalink 8:47 AM – 5 Feb 2019
@nntaleb Removed the Abstract (it was a teaser before submission to a journal)… Will repost in a few. Permalink 6:37 AM – 5 Feb 2019
@nntaleb PHILOLOGY DU JOUR: RATIONALITY John 1،1:Ἐν ἀρχῇ ἦν ὁ λόγος, mistransl. “in the beginning was the verb” shd بع “First, there is reasoning”. The Peshita, uses “Béréshit (for beginning, shd be “principally”) MLL for verb =”abilitlity to speak” λόγος= منطق= מלל NOT كلمة #Lindy pic.twitter.com/8Tc9CLXHWOPermalink 6:12 AM – 4 Feb 2019
@nntaleb WHAT I LEARNED IN 2019 I thought that correlation was a bad measure because super-additive [relu/sigmoids] rho[a+b]>rho[a]+rho[b]. Turns out it is also sub-additive [exponential]. In other words, there are very very very narrow conditions where one can safely use correlation. Permalink 6:32 PM – 3 Feb 2019
@nntaleb And of course Patrick Moore whose dangerous, dishonest (& exploitative) arguments psychologist @jordanbPeterson was diffusing is a well identified shill for glyphosate. https://www.youtube.com/watch?v=ovKw6YjqSfM Permalink 3:31 PM – 3 Feb 2019
@nntaleb The point is not if someone is right or wrong. It is if someone is a bullshitter, tawking about stuff he doesn’t know nothing about or giving you verbalistic arguments that sound good. He will be a bullshitter EVEN if he later turns out to be right. https://twitter.com/JimDMiller/status/1092138559283384320 Permalink 11:56 AM – 3 Feb 2019
@nntaleb When you are, say, a physicist, you don’t argue abt quantum mechanics w/an astrologer for the sake of “listening to all sides”. I just block people (mostly verbalistic psychologists) w/whom I DO NOT want to have an exchange because you DO NOT learn/advance from bullshit. Gabish? Permalink 11:05 AM – 3 Feb 2019
@nntaleb Where I block @JordanbPeterson for violation of intellectual integrity/virtue signaling. pic.twitter.com/8HDRPXmtdZPermalink 9:48 AM – 3 Feb 2019
@nntaleb These tweets explain that if you have a nonlinear function, say IQ vs performance, then “correlation” is tooooootally meaningless mathematically, & multidimensional “factors” are even worse. This is of some relevance for machine learning with the ReLu function. https://twitter.com/nntaleb/status/1091820909281923073 Permalink 8:18 AM – 3 Feb 2019
@nntaleb ANSWER: found a counterexample f(x)=Exp[x]. Overall correlation is always lower (up to ~40%) than that of any subsample! MORAL: Use psychometrics/psychology books for winter fuel as many citizens have difficulties with their heating bills. pic.twitter.com/FctDnzdLT1Permalink 6:50 AM – 3 Feb 2019
@nntaleb BARBARIAN SUPREMACISM From now on, you can call “White” supremacists BARBARIAN SUPREMACISTS Northrn Europe does not have a monopoly on Caucasian. (Note I permanently blocked @RazibKhan as he could not substantiate what “flaws” he claimed in our GMO risk paper, hence his watch) pic.twitter.com/zdX8rsH5U3Permalink 9:15 AM – 1 Feb 2019
@nntaleb You can easily have a nation-state with 2, even 4 languages (Belgium, Switzerland), but you can’t easily have a nation-state with 2 religions. #Localism Permalink 8:01 AM – 1 Feb 2019
@nntaleb 3- In other words, there exist a system where you can be a Maronite/Shiite/Armenian nationalist without imposing your preferences on others, and without others imposing their preferences on you. It’s localism. Permalink 6:14 AM – 1 Feb 2019
@nntaleb It was PRECISELY the removal of multiculturalism by Arabists that fucked it up. Permalink 6:06 AM – 1 Feb 2019
@nntaleb 2- Nationalism is an idea that came about in the 19th C., messed up Greece/Turkey, destroyed Alexandria, Saloniki, Aleppo, Smyrna, Constantinople. French nationalism is absurd:Provencal localism is not. Now people are getting Fractal localism and City-states as a natural order. Permalink 6:05 AM – 1 Feb 2019
@nntaleb FRACTAL LOCALISM/LEBANON Maronites are obsessed w/Lebanese Nationalism=Maronite homeland; don’t consider us the Rhum (Greek Orthodox) minority (~5%) as part of their ethnos: we are too Mediterraneanists/Universalists w/foreign allegiances. Hence a Swiss-style bottom-up Localism. https://twitter.com/sarkis_charles/status/1091241380268130304 Permalink 5:55 AM – 1 Feb 2019
@nntaleb Closed for RWRI-10. We gave 20 full and partial scholarships in total for RWRI-10. Permalink 5:40 AM – 1 Feb 2019
@oliviergay Same with Saddam Hussein’s Iraq. On his interrogation on hiding non-existing WMD: “Western governments and their intelligence agencies had failed to realize that Saddam was more fearful of attack by Iran than by the US.” https://twitter.com/RidT/status/1077944842896982016 Permalink 5:07 AM – 1 Feb 2019
@ole_b_peters Very nice. This precise mathematical error is all over economics. Do something invalid with a limit or an infinity and claim whatever you want. When you point out such an error, you’re told economic theories don’t have to be mathematically correct, they just have to sound smart. https://twitter.com/Undercoverhist/status/1075912850269487104 Permalink 1:11 AM – 1 Feb 2019
@nntaleb ANNOUNCEMENT We have a 100% scholarship left for RWRI-10 for a woman, preferably Syrian or Venezuelan, or from a troubled part of the planet, preferably a doctoral student, preferably a nonpsychologist. NEED TO APPLY TODAY Feb 11-15, NY. http://www.realworldrisk.com Permalink 11:37 AM – 31 Jan 2019
@fpontaza Chef @ArielTrodArgent had us for dinner last night and honored his Lebanese ancestry with his Lindy recipe for keppe crudo. You rarely get to experience something so great from so far away in Guatemala. We raised our glasses for @nntaleb! pic.twitter.com/9CjgNQ4pMMPermalink 11:24 AM – 31 Jan 2019
@AdibChristian Looking into using #GoogleAutoMLTranslation to create a translation engine that can process Lebnééné/NeoKanaané. Thoughts? @BLebnene https://cloud.google.com/translate/ Permalink 10:44 AM – 31 Jan 2019
@nntaleb 5- Something about Persia that the Trump administration is clueless: Persia obsessed Greeks, Romans, Arabs, then Ottomans for the past 2400 years. Rome was broke frm the 700 y Persian wars. Unconquered in spite of short lived fake successes: Alexander, Herakles, Arabs, etc.. Permalink 8:39 AM – 31 Jan 2019
@nntaleb 4- The Ottomans also used the Byzantine administration. They even brought the Levant back into “Rome”. They also protected Orthodoxy from Catholic “Europe”… for a while. Look at the map. https://twitter.com/hzkathulhu/status/1090988564886810625 Permalink 7:14 AM – 31 Jan 2019
@nntaleb Something @peterfrankopan got: Ottomans didn’t give a f*** abt “Rome” since Rome itself moved closer to the wealth, the silk road, & was now Constantinople. Before wealth from the Americas the West was an economic desert. Turks shared w/Romans & Byzantines the Persian obsession. Permalink 7:10 AM – 31 Jan 2019
@nntaleb The Turks’ anger at the Russians was that Ivan IV took the title of Tsar, “Ceasar” when the Ottomans believed that, after Mehmed, THEY were the official successors of Caesar. https://twitter.com/EALTurner/status/1090975867583557632 Permalink 6:43 AM – 31 Jan 2019
@nntaleb People forget that Soliman’s predecessor 130 years before, Bayazid, proclaimed himself Sultan-r-Rum (Roman Sultan), about a century before the fall of Constantinople. Another issue about “East-West”: the Byzantine church, until the 1800s, felt “East”, operated ~1000y under Islam. https://twitter.com/RenderuntoG/status/1090810150883971073 Permalink 6:00 AM – 31 Jan 2019
@nntaleb A neat theorem about the asymmetry of correlation: if downside correlation is 100% and upside correlation is 0%, total correlation will show ~90%! Moral: 1) never use the word correlation under asymmetry 2) use psychometrics textbooks for winter fuel 3) close psych departments pic.twitter.com/sdOh3P5IRCPermalink 7:03 AM – 30 Jan 2019
@rationalwalk Nikki is now in the “private sector” where she will cash in on past favors, take down payments in future favors, and end up with a 8+ figure net worth from which to plot a return to “public service”. Rinse, repeat, path to riches and power. https://twitter.com/kaylatausche/status/1090613317306122240 Permalink 6:59 AM – 30 Jan 2019
@nntaleb In a long career, I’ve (almost) never seen anyone get rich while employed (via bonuses/stock options, as w/bankers, CEOs, & rich slaves), & subsequently also make money on their own, in self employment. If you can’t make it on your own, it’s #rentseeking. Permalink 4:50 AM – 30 Jan 2019
@nntaleb Never ever call me a polymath. I am a probabilist. Nothing else. That’s sufficient. Please. Permalink 5:16 PM – 29 Jan 2019
@TrevMalley Nassim has a knack for getting to the real meat of the argument. These people may as well claim the Japanese as fellow whites if they’re going to use the achievements of the Ancient Mediterranean world as an argument for their grandeur Permalink 5:10 PM – 29 Jan 2019
@nntaleb In other words, better say: “you mean Barbarian supremacists?” rather than imitate some SJW harangue. Permalink 4:52 PM – 29 Jan 2019
@nntaleb The way to deal with racists is to NEVER use moral arguments (they are insensitive to them). Just prove to them that their “race”… was comparatively sub-par for a very, very, very long time. Just like the current condition of “inferior” races. That, they can’t handle. https://twitter.com/nntaleb/status/1087763053515603968 Permalink 4:42 PM – 29 Jan 2019
@trishankkarthik Debate is for suckers Permalink 4:39 PM – 29 Jan 2019
@nntaleb Excited to find in my mailbox the book by @ErwanLeCorre from whom I’ve learned so much about natural fitness/#antifragility. pic.twitter.com/A57GM8yM9EPermalink 3:14 PM – 29 Jan 2019
@nntaleb If assholes don’t find you arrogant, you are doing something wrong. Permalink 2:32 PM – 29 Jan 2019
@nntaleb I am certain that over the past 5000 years, nobody has had to use an IQ test to choose between: surgeons, gardeners, physicists, hitmen, massage professionals, fortune tellers, spanish grammar specialists, or Swahili-to-Medieval Latin translators. https://twitter.com/fpingham/status/1090311581467058176 Permalink 10:35 AM – 29 Jan 2019
@nntaleb IQ WRAPUP These IQ psychologogs can’t answer my point abt elementary yet severe mathematical flaws w/the “IQ” measure. All I got is a downpour of BS from @charlesmurray, @primalpoly, @StuartJRitchie, @Ptetlock, the @Quillette boys “IQ”≠ Mental abilities https://www.youtube.com/watch?time_continue=1&v=szXf0VLuQLg Permalink 8:00 AM – 29 Jan 2019
@JoshHochschild “another—doubtless very different—Boethius” @Hannah_Cristine totally got my review of @nntaleb pic.twitter.com/m33N7XjZ3ZPermalink 6:28 AM – 29 Jan 2019
@epigraphed Two people can be using the same word, meaning different things, yet continue the conversation, which is fine for coffee, but not when making decisions, particularly policy decisions affecting others. @nntaleb https://link.medium.com/yTtEwBiiJT Permalink 3:25 AM – 29 Jan 2019
@TheAnnaGat That is true. I showcase my communication and problem-solving skills by not having been blocked by @nntaleb (yet) even though I have responded to him. Permalink 12:53 PM – 28 Jan 2019
@nntaleb 3- Another spuriousness in the neuroscience literature: Never trust any “evidence” from Neuroscience or psychobyllshutmetrics without redoing the math. We use as a standard Pinker’s deffender the charlatan @michaelshermer who pollutes intellectual life with pseudoempiricism. pic.twitter.com/CzLS41qVHaPermalink 4:39 AM – 28 Jan 2019
@nntaleb The answer and the Monte Carlo illustration shows how hard it is to explain that “randomness does not look random”. pic.twitter.com/ypPsnyJxNhPermalink 3:58 AM – 28 Jan 2019
@nntaleb PROBABILITY QUIZ DU JOUR, around “Fooled by Randomness”. How to ferret out pseudo-empiricism (or where “empirical evidence is not empirical evidence”): What are the odds of getting a spurious “cancer cluster”? [FIRST CLASS TANDON TONIGHT] pic.twitter.com/pQnpeumSfzPermalink 3:34 AM – 28 Jan 2019
@nntaleb Ab alio expectes alteri quod feceris Permalink 7:24 PM – 27 Jan 2019
@nntaleb GrecoLebanese proverb du jour: Lkalb mabi 3add khayyo (Caninas caninam non est -κυων κυνός ουχ απτεται) Permalink 7:06 PM – 27 Jan 2019
@nntaleb That psychobullshit: “psychometric intelligence” is not even intelligence, but some crappy number used 1) to employ psychologists, 2) put down some race. Permalink 6:18 PM – 27 Jan 2019
@financequant Effective tax rates across time: https://taxfoundation.org/taxes-rich-1950-not-high/ I am posting this not because I necessarily agree with all of the conclusions. The facts are that the proportion of income paid by the rich hasn’t changed as much as a naïve view of the tax rates would indicate. Permalink 11:29 AM – 27 Jan 2019
@nntaleb Psychologists don’t get PCAs under nonlinearity: if the factors correlate with any mental difficulties, the g will give the illusion of robustness WITHOUT being predictive OTS. It is easy to prove the g is a scientific swindle. ( I actually did) https://twitter.com/cfchabris/status/1089365903693762566 Permalink 11:26 AM – 27 Jan 2019
@nntaleb Vatican II reminds me a performance of Trovatore I attended in Chicago years ago. The singing was in English “for clarity”. I walked out 2 minutes into the opera. Conversely, Imagine the Beatles translated (and sung) into Slovenian. Permalink 11:00 AM – 27 Jan 2019
@VergilDen Taleb once tweeted when asked “If you had one thing to tell a child, what would it be?”. He replied “Time is smarter than you.” I like that. Permalink 9:22 AM – 27 Jan 2019
@nntaleb It is capitalism that pulled billions out of poverty. Not vapid virtue signaling. Permalink 8:51 AM – 27 Jan 2019
@nntaleb Being arrogant towards a fraudster in power = iconoclast. Being arrogant towards a regular person = psychologist. Permalink 8:43 AM – 27 Jan 2019
@nntaleb Being arrogant towards a fraudster in power = iconoclast. Being arrogant towards a regular person = psychologist. Permalink 8:43 AM – 27 Jan 2019
@nntaleb In Fooled by Randomness: Vatican II destroyed Catholicism by translating the sacred into ordinary language. Meanwhile Judaism & Islam never debased the texts away from Hebrew and Arabic, resp. The current Bishop of Rome @Pontifex is continuing the destruction started in 1962. pic.twitter.com/gyvBHfv3HxPermalink 8:13 AM – 27 Jan 2019
@nntaleb My black list doesn’t necessarily include people who have been to the Davos WEF. It includes those who have been to Davos more than once. Permalink 7:29 AM – 27 Jan 2019
@nntaleb The honest person isn’t the one who has never sinned. It’s the one who has never committed any sin more than once. Permalink 7:24 AM – 27 Jan 2019
@enzolamberti Reading the excellent @peterfrankopan #thesilkroads and the more I read, the more I see proofs of something @nntaleb pointed out to me: it’s wealth that creates education, not the other way round. Primum vivere… pic.twitter.com/WHc3QQA9SWPermalink 6:10 AM – 27 Jan 2019
@nntaleb My takeaway: people with inferior intelligence should refrain from engaging in smear campaigns. But, again, one needs to be of inferior intelligence to get into smear campaigns. Permalink 6:07 AM – 26 Jan 2019
@nntaleb The Davos WEF tried & failed to smear me for calling them IAND (Int’l Association of Name Droppers): head of communication Adrian Monck @amonck kept claiming I don’t reference Popper in The Black Swan (Popper, referenced 53 times, has an entire chapter). https://twitter.com/GeorgeJNasr/status/962353415715246080 Permalink 5:59 AM – 26 Jan 2019
@nntaleb Kind of people that I block immediately as these type of fallacious questions destroy the debate. pic.twitter.com/o24gOqWRstPermalink 5:18 AM – 26 Jan 2019
@zinarosek As part of my legal work on the Genocide against Iraqi Christians, I have a list & files on neocon warcriminals who played key role in the Genocide. John Bolton & Elliott Abrams (laughing evilly in video) are both on the list. @POTUS’ admin has hired both. pic.twitter.com/9dAUHPgO1rPermalink 10:18 PM – 25 Jan 2019
@nntaleb NOTE TO THE ALT-RIGHT: I got plenty of ethnic hatred by quack-Molyneux/Charles Murray’s crowd. I am not complaining, but for Baal’s sake, 1) I am Greek Orthodox (not Muslim) and… 2) Lebanon has no desert. It’s on the Med. So please remember: Lebanon has no desert. Gabish? pic.twitter.com/0rqo9De7AjPermalink 5:11 PM – 25 Jan 2019
@NonMeek ”…70% of wealthy families lose their wealth by the 2nd generation, and a whopping 90% by the third generation.” Shocking read for those who still believe there are safe asset classes. https://twitter.com/mebfaber/status/1088505078946787329 Permalink 12:14 AM – 25 Jan 2019
@Firsou Someone who takes no risks should not throw stones at people who have offloaded most of the initial risk to themselves. Entrepreneurs are heroes. Permalink 12:26 PM – 24 Jan 2019
@olivierglinec La bataille du QI dans le point aujourd’hui/IQ battle in the french paper Le Point pic.twitter.com/HuztqjXhIxPermalink 8:04 AM – 24 Jan 2019
@DrCirillo In studying war casualties and other historical data, you have to treat them as imprecise random observations. If you don’t, all your subsequent analyses will be flawed. cc @nntaleb Permalink 6:23 AM – 24 Jan 2019
@fermatslibrary A visual proof why 1+3+5+…+(2n-1)=n² = Permalink 5:45 AM – 23 Jan 2019
@nntaleb Studies of the handwriting of Mozart, Einstein, or Fat Tony are nothing but fetichism & reliquiae worship passing for scholarship —residual paganistic practices in a pseudo-atheist society. And state funded, of course. https://twitter.com/britishlibrary/status/1088063054716252160 Permalink 5:35 AM – 23 Jan 2019
@nntaleb The problem is that Beirut is starting to have the Miami look. You can’t travel anymore. pic.twitter.com/f87oDVsbyOPermalink 10:23 AM – 22 Jan 2019
@nntaleb Gerrymandering based on later categories: There was Christendom, vs Land of Islam and we are using the most recent categorization. “Europe” has traditionally started with Christianity’s limit on the East & (North of the Med) Gabish? https://twitter.com/nntaleb/status/1087770487462203393 Permalink 9:59 AM – 22 Jan 2019
@nntaleb Stop the fake news + historical gerymandering promoted by quack-quack Molyneux & Charles Murray: Before 1600 Northern “Europe” contributed to ~ nothing. Nazi “Aryans” appropriated the growth of the Med/S. W. Eurasia by making (Ancient) Greeks members of the same “race”. Quacks. pic.twitter.com/MB96KybY9VPermalink 9:24 AM – 22 Jan 2019
@iosif_lazaridis Sad that people have to waste their time for this: “20 of 49 statements presented to me for review on January 2 were incorrect, and 27 of the 36 statements presented to me for review on January 5 were incorrect.” Five Corrections to The New York Times https://reich.hms.harvard.edu/five-corrections-new-york-times Permalink 6:30 AM – 22 Jan 2019
@nntaleb And of course hear that the President of China is talking about Black Swan without having to show up to the Davos meeting of the IAND (International Association of Name Droppers) https://twitter.com/spyrosmakrid/status/1087638941984006150 Permalink 5:23 AM – 22 Jan 2019
@pacha111 “During the collapse of the Sui Dynasty there was a bandit lord named Meng Haigong who had a special hatred for scholars and bureaucrats. Whenever he took a highborn captive he’d carefully *misquote* a Confucian classic in front of them. If they pointed out the error, they died” Permalink 8:27 AM – 21 Jan 2019
@nntaleb 2- Something unknown by *IQ idiots w/sinister theories* (s.a. @charlesmurray @primalpoly): NONLINEARITY. Variables that correlate only ½ the time show ρ >.855 (Gaussian case) but rises to ρ>.92 in absense of tapering of tail values. These are basic notions. Probability is hard. pic.twitter.com/8iQHo9cARmPermalink 5:28 AM – 21 Jan 2019
@nntaleb 1- SIMPLEST CASE: Correlation with a constant will show a positive correlation. But there is a loooooooot worse. pic.twitter.com/DFhzYsLqp3Permalink 4:59 AM – 21 Jan 2019
@nntaleb QUIZ DU JOUR (this time, difficult) There are many known examples of fake independence: random variables X & Y can be more dependent than shown in correlation. (x & Y=x^x for instance) Can you find instances of X & Y that more correlated than dependent? Permalink 4:20 AM – 21 Jan 2019
@nntalebbot “A half-man (or, rather, half-person) is not someone who does not have an opinion, just someone who does not take risks for it.” – @nntaleb Permalink 10:30 AM – 20 Jan 2019
@nntaleb Insight by @ArthurB about IQ as an inverse metric: Gifted pple exhibit skills-specific competence: geometry, drawing, algebra, patents, wealth, creations… The subset of [1) Losers who can’t do anything & 2) & scored high on IQ] will show their “IQ”. So IQ = adverse selection. Permalink 5:02 AM – 20 Jan 2019
@Iluvpizzayum I have a business. I hate rent-seekers. Permalink 12:34 AM – 20 Jan 2019
@nntaleb The Sveriges riksbank officially denies appointing the “Nobel” in economics, deflecting the “IYI” accusation, shifting the blame to (the economists in) the Royal Swedish Academy of Sciences. But his magesty told me personally it was “not a Nobel, but a Swedish Riksbank prize” pic.twitter.com/LSD8i3roaXPermalink 7:47 AM – 5 Dec 2018
@nntaleb I wonder if the Lettrine format at the beginning of chapters works for the new book. pic.twitter.com/62pTH5wfv2Permalink 6:44 AM – 5 Dec 2018
@JulianKirby No #pseudos here..straight talking from @nntaleb to a packed house at #RiskMinds this morning..#skininthegame pic.twitter.com/PvOBNX5QzQPermalink 12:27 AM – 5 Dec 2018
@ErikSchatzker Question for @black_swan_man: Is Tariff Man friend or foe? cc @nntaleb Permalink 11:24 AM – 4 Dec 2018
@nntaleb I found the drift in meaning: “covetous” in Hebrew means “praiseworthy” in other Semitic languages. Permalink 10:32 AM – 3 Dec 2018
@nntaleb Philological Mystery du Jour: The root 7MD for לא תחמוד in the 10 Cmdmts doesn’t seem to match the meaning of the Arabic (حمد, with names like 7amid, M7mud, etc). And in Syriac texts the 10th C is ܠܐ ܬܪܓ Are they the same root? Thanks for the help. @Jonassibony @PhDniX Permalink 10:10 AM – 3 Dec 2018
@nntaleb The tradition of presenting a cental text surrounded by commentary is not limited to (post Rashi) Talmudic. Below + Erasmus, ~ 1515 (In Praise of Folly) + Talmud, 1482, Guadalajara, + Eramus, @BellesLettresEd, 2018 bilingual edition Figured out how to do it in LaTeX. #Lindy pic.twitter.com/obyOCOaZrlPermalink 8:56 AM – 3 Dec 2018
@spyrosmakrid 1/ DO ML METHODS AND EXPLANATORY VARIABLES IMPROVE FORECASTING ACCURACY ABOVE THAT OF PURE TIME SERIES MODELS? THE EVIDENCE IS NOT CLEAR! Permalink 7:46 AM – 3 Dec 2018
@nntaleb Paris is quiet this morning. The side effect of the riots: hotel employees are very, very humble. Permalink 1:42 AM – 3 Dec 2018
@thomasjbevan1 ‘He is assessed by other professors, not readers. Zero skin in the game.’ I’m sure @nntaleb would agree. Academia seems to be largely a job scheme from what I can tell. Digging holes to fill them back up again https://twitter.com/meditative_man/status/1067607889529860096 Permalink 7:12 PM – 2 Dec 2018
@GareBearTheFair I swear to God @nntaleb is a Bible translator for secularists, and nobody knows it Permalink 5:23 PM – 2 Dec 2018
@paulportesi @nntaleb. Taking Nassim’s idea of buildings are designed by architects to impress other architects. Calculus book writtern by math teachers are meant to impress committees or orther math teachers; not for students or practitioners. https://twitter.com/Rainmaker1973/status/1069321585591492610 Permalink 12:42 PM – 2 Dec 2018
@MKM_Abdul My takeaway from The Incerto by @nntaleb is that most biases are optical illusions that appear when human behavior is viewed from a risk perspective and completely disappear when viewed from a ruin perspective. https://twitter.com/doctorxr/status/1065327150834819073 Permalink 2:46 AM – 2 Dec 2018
@nntaleb 2- Make sure you don’t compromise your ethics like @paul_salem for oil $$$, because some a***hole like me will never leave you alone for the rest of your life (again, Minority Rule). https://twitter.com/nntaleb/status/1051952580195221504 Permalink 10:49 PM – 1 Dec 2018
@sangai_ To be a person of virtue you need to be boringly virtuous in every single small action. To be a person of honor all you need is to be honorable in a few important things (say risk your life or career or reputation for a just cause,or live up to your word,etc) N N Taleb @nntaleb Permalink 9:29 PM – 1 Dec 2018
@nntaleb Deadlifting is the best training for flipping cars. Just make sure you 1) prevent back injury w/the valsava maneuver, 2) use gloves to get a better grip of the side of the car,3) after deadlifting the car quicky change hand position for an explosive push,4) synchronize w/friends. https://twitter.com/clairlemon/status/1068976373870424065 Permalink 2:02 PM – 1 Dec 2018
@nntalebbot “Social science means inventing a certain brand of human we can understand.” – @nntaleb Permalink 9:55 AM – 1 Dec 2018
@nntaleb These are false claims. Chips were traditionally fried in beef tallow, duck fat, and/or olive oil. Not in SEED oil that we now know is inflammatory. Not Lindy. @Mangan150 has been producing ample evidence that seed oil marketed as “healthy” is not healthy. pic.twitter.com/RYbXf37e9tPermalink 9:52 AM – 1 Dec 2018
@nntaleb Better to own up to who you tend to envy. Umberto Eco, a man of yuuge erudition. His library, Milan. pic.twitter.com/rVT1sLzja1Permalink 9:32 AM – 1 Dec 2018
@History_Twerp I often wonder how Westerners and Levantines alike feel when it’s mentioned that Beirut was once a bastion of Greek learning and Roman law. I never get an answer. Permalink 6:47 AM – 1 Dec 2018
@nntaleb Mulukhiyyé, kebbé, & french fries in olive oil with visiting @HsenAndil and @Decafquest in Northern Phoenicia. pic.twitter.com/tGSC47KnPqPermalink 4:28 AM – 1 Dec 2018
@nntaleb It is much harder to conceal one’s envy than to detect that of others. Permalink 2:46 AM – 1 Dec 2018
@FattestFatTony What #IYI’s fail to understand is the more ya nerdify simple tings the more normal people tune ya out… Permalink 9:14 AM – 30 Nov 2018
@nntaleb My lecture at M4 (thread) explains why such statements by @PTetlock (and his work) on forecasting are total BS and how they worsen with fat tailedness. pic.twitter.com/F7SrwXYc4wPermalink 8:32 PM – 29 Nov 2018
@brianalmon The classic intellectual-yet-idiot (as @nntaleb calls them). Physicists can tell you exactly where Mars will be on a particular day a hundred years from now, but “climate scientists” have been making inaccurate predictions for decades. https://twitter.com/neiltyson/status/1067986658899877888 Permalink 9:32 AM – 29 Nov 2018
@beaves_dad Wait a minute! I thought the Left were the peacemakers and the Right were the warmongerers. This doesn’t make sense. Chuck Schumer should be protesting, not Rand Paul. Permalink 7:35 AM – 29 Nov 2018
@RandPaul ICYMI: Yesterday I joined @CNN to discuss Saudi Arabia and the war in Yemen. Yesterday was a big day. The Senate woke up. The Senate said we aren’t going to keep turning a blind eye to Saudi Arabia abuses or their war in Yemen. pic.twitter.com/Tf6WkdzzYlPermalink 6:36 AM – 29 Nov 2018
@nntaleb Was asked if the INCERTO was Lindy. Fooled by Randomness, oldest of the INCERTO, is ~19 y old, & steady. This is US weekly sales (excludes UK, foreign). Same pattern in UK, Italy, Russia, etc. Younger books show same pattern. Almost all bestsellers show exponential decline. pic.twitter.com/euonj51LRbPermalink 5:57 AM – 29 Nov 2018
@nntaleb The problem is that stupid people (the IYI, Intellectuals Yet Idiots) are much, much more dangerous to mankind than evil people. Thanks @enzolamberti for the beautiful pamphlet by Carlo Cipolla. pic.twitter.com/75ci7l5PTvPermalink 2:36 AM – 29 Nov 2018
@nntaleb So, correction: original post shd be .01 of the people not .01% of the pple, as corrected in the 2nd tutorial. Permalink 2:20 AM – 29 Nov 2018
@nntaleb What the data w @Drcirillo might be showing is vastly worse than expected: people may have a constant level of belligerence, but more and more destructive weapons. WW1 and WW2 are not outliers. (PS We got more analyses from recent data). https://twitter.com/DrCirillo/status/1068072976455819265 Permalink 2:03 AM – 29 Nov 2018
@nntaleb Next time you hear someone in the defense industry claiming to help “defend” you & yours against foreign threats, call their BS. Their business is to kill people for money. They have a vested interest in wars. And they own the Foreign Policy “establishment”. https://twitter.com/RoKhanna/status/1067800784241401856 Permalink 3:14 PM – 28 Nov 2018
@nntaleb Tutorial: Many seem interested in the “Pareto” attributes. Here is a short tutorial. pic.twitter.com/yV3R2xICT4Permalink 8:01 AM – 28 Nov 2018
@nntaleb I block .01 % of people, which reduces BS, sophisty, & nitpicking by 99%. Sorry, nothing personal. Permalink 2:21 AM – 28 Nov 2018
@nntaleb I block .01 % of people, which reduces BS, sophisty, & nitpicking by 99%. Sorry, nothing personal. Permalink 2:21 AM – 28 Nov 2018
@nntaleb Friends, what I am looking is for the JOINT distribution of Low heart rate AND high BP; that is, the RARE combination, not comments on either conditions considered separately. For the two conditions appear to be inversely correlated. Thanks. https://twitter.com/nntaleb/status/1064898068720615424 Permalink 9:34 AM – 20 Nov 2018
@black_swan_man Patron Saint Daniel Bernoulli (1 of 2) #blackswanman #theblackswanman #ergodicity pic.twitter.com/vKR99YdWfzPermalink 8:03 AM – 20 Nov 2018
@nntaleb Medical Puzzle: Wonder about the clinical significance of: + Low resting heart beart rate <60 + High arterial blood pressure 140/85 Permalink 7:07 AM – 20 Nov 2018
@spyrosmakrid Nassim Nicholas Taleb keynote at the M4 Forecasting Conference (New York City December 10/11) will be on “Forecasting and Uncertainty:The Challenge of Fat Tailedness” and after popular requests he will also talk about “Tail risks and why he thinks they are worse now than in 2007” pic.twitter.com/ZqntPkUrWxPermalink 5:41 AM – 20 Nov 2018
@nntaleb Back to Riyadh, hoping the Saudi mob doesn’t get all excited again. Permalink 2:57 PM – 19 Nov 2018
@nntaleb 5) Hard to prevent idiots from polluting the discource: It is private enterprise that pulled hundreds of millions, if not a billion, out of poverty, not NGOs, not socialism, not redistributive expropriation, and not his beatitude the @Pontifex. pic.twitter.com/UoWJcURHJRPermalink 3:00 AM – 19 Nov 2018
@nntaleb 3) I am afraid that the only places that will be functional in ten years are small states that tasted socialism hence vaccinated (& are small enough for scaling), e.g. Georgia, Croatia, Hungary, Czech R, Slovenia, Montenegro, Serbia, Poland, Baltic states, … Permalink 11:13 AM – 18 Nov 2018
@nntaleb 2) Those who cause disasters judge themselves by the intentions not by the outcome. ( Socialists will blow us up.) + “First, do no harm” (primum non nocere): the most robust way for the world to get better. + No virtue without courage… https://medium.com/incerto/the-merchandising-of-virtue-b548762658f0 Permalink 10:48 AM – 18 Nov 2018
@nntaleb Alas people have done more harm while trying to “do good” and trying to “improve” the world than by trying to pursue their selfish aims while leaving others alone. Silver rule>> Messianism #vianegativa (Orthodox theology) #naiveinterventionism #virtuesignaling https://twitter.com/pontifex/status/1063771232129101824 Permalink 9:26 AM – 18 Nov 2018
@nntaleb Trump doesn’t realize he must dump the Clown Prince of Saudi Barbaria; this support will eventually be his Russian campaign. Permalink 1:45 PM – 17 Nov 2018
Published on Nov 8, 2018
American essayist, scholar and former trader Nassim Nicholas Taleb, whose work focuses on problems of randomness, probability, and uncertainty, discusses his latest book “Skin in the Game”.
Nassim explores the notion that ‘skin in the game’ is necessary for fairness, commercial efficiency, and risk management, and key to making sense of the world at large.
Published on Oct 31, 2018
Nassim Nicholas Taleb, scientific advisor at Universa Investments, discusses the factors causing global fragility, hidden liabilities in global markets, and what he sees as safe trades in the current market. He speaks with Bloomberg’s Erik Schatzker on “Bloomberg Markets.”
