Tag Archives: Philip Tetlock

GMOs, Monsanto, Ramanujan, Philip Tetlock, Max Abrahms, Golden Rice, Blair, Preasymtotics, John Gray, Brexit

@EcoWatch #Obama Expected to Sign Industry-Backed #GMO Label Bill Into Law http://rbl.ms/29FKHvt   @nongmoreport @foodandwater @OrganicConsumer @EWG Permalink 8:45 AM – 14 Jul 2016

@mjd1735 @ziadaboujamra @nntaleb @herrlichmann @AmbJohnBolton @zbig @SonyKapoor @EliLake @ishaantharoor Probability Question:pic.twitter.com/fniXcZysLF Permalink 4:41 PM – 14 Jul 2016

@yaneerbaryam Regulatory capture overriding Vermont GMO labeling bill: Why Activists Are Unhappy With New GMO Labeling Legislationhttp://ti.me/2adnKLH   Permalink 12:32 PM – 14 Jul 2016

@nntaleb Moving stuff to http://Academia.edu   The Skin In The Game Heuristic for Protection Against Tail Eventshttps://www.academia.edu/26989481/The_Skin_In_The_Game_Heuristic_for_Protection_Against_Tail_Events?s=t   Permalink 11:55 AM – 14 Jul 2016

@rahul_goa @nntaleb @vivakermani @normonics @yaneerbaryam Have annotated your image to show the ‘fundamental difference’ riskpic.twitter.com/wMDBbvEhKX Permalink 8:48 AM – 14 Jul 2016

@nntaleb Monsanto pulled no stop trying to discredit me: 1000 mails to Univ (!),>1000 shill posts. Nada. F***you money works.https://twitter.com/KenMcCarthy/status/753583908508278784   Permalink 6:44 AM – 14 Jul 2016

@nntaleb Compare shrinking sales of Monsanto GMOs to organic. Explains the HUGE lobby effort/shilling for GMOs.pic.twitter.com/wYdLcDhezw Permalink 6:10 AM – 14 Jul 2016

@nntaleb GMO issue is ignorance of the properties of complex systems/fattails (Monsanto’s 107 Nobels, 80y.o. are 50 y behind)https://twitter.com/trisweb/status/753574340168388608   Permalink 6:04 AM – 14 Jul 2016

@nntaleb Some new proofs for preasymptotic behavior of exponential distribution and subexponential class.pic.twitter.com/F57u7IWH2J Permalink 5:43 AM – 14 Jul 2016

@nntaleb For an idea of what’s expected frm technology/”growth” biz, look at AMZN vs MON. GMOs are in decline,organic growingpic.twitter.com/5oUyERBzav Permalink 4:53 AM – 14 Jul 2016

@nntaleb Good news re GMOs: I’ve never seen a real technology SHRINK yet survive, in spite of intense lobbying/shilling. Why Monsanto needs buyer. Permalink 4:39 AM – 14 Jul 2016

@nntaleb Bottom:Monsanto is a sick company,sales <2010,hence active GMO shilling w/Henry I Miller etc http://usrtk.org/hall-of-shame/why-you-cant-trust-henry-miller-on-gmos/  pic.twitter.com/cl6iDsZEBG Permalink 4:32 AM – 14 Jul 2016

@nntaleb Point: except for Mishnah Torah Maimonides wrote his major work in Arabic aiming at Islamic/Abrahamic readers @yzilber @HannahHedgehog Permalink 7:10 PM – 13 Jul 2016

@nntaleb If OBD- Y… Or explicit Abd-Allah is so common in Semitic & preIslamic cultures it has to hark back to OVD-EL @amaatouq @kaplanfat Permalink 7:06 PM – 13 Jul 2016

@nntaleb Also Abdallah was translated into latin as Amadeus and Gr as Theophilos @amaatouq @kaplanfat Permalink 6:51 PM – 13 Jul 2016

@nntaleb .@amaatouq @kaplanfat I read Islamic commentaries of Dalat al Ha2rin (perplexed) he was allowed to make pronouncements on Islamic law. Permalink 6:43 PM – 13 Jul 2016

@nntaleb Abdallah is a pre-Islamic name. Evidence is easy: guess.https://twitter.com/kaplanfat/status/753398371390545920   Permalink 6:21 PM – 13 Jul 2016

@nntaleb Abdallah was common among Iraqi Jews it is Obadiah @HannahHedgehog Permalink 6:10 PM – 13 Jul 2016

@nntaleb Was surprised to see Ibn Abdallah in Maimonides name http://www.newworldencyclopedia.org/entry/Maimonides   Permalink 5:30 PM – 13 Jul 2016

@nntaleb Maimonides name is Ibn Abdallah. Permalink 5:25 PM – 13 Jul 2016

@nntaleb The tiniest accolade from a classicist & erudite like @ArmandDAngour is worth >>> any compliment/prize/praisebyjourno etc. Permalink 5:30 AM – 13 Jul 2016

@nntaleb The strategy for meal-debates is to order mezze style so you can eat other’s food (frog legs) as they are fighting.https://twitter.com/nntaleb/status/752307005331742720   Permalink 5:24 AM – 13 Jul 2016

@nntaleb 1) Do not read books on time management/MBAbullshit 2) Do nothing that bores you & stop before something gets dullhttps://twitter.com/pdanielcabral/status/753195514376564737   Permalink 5:05 AM – 13 Jul 2016

@nntaleb And sources for dabbaq in Arabic are scant; suspected Syriac origin http://www.baheth.info/all.jsp?term=  دبقpic.twitter.com/4rFAEEA5f1 Permalink 4:55 AM – 13 Jul 2016

@nntaleb Extension: dabba2, “sticky fingers” prob. comes from same root DBS, with corruption of SH =>Aleph Permalink 4:48 AM – 13 Jul 2016

@nntaleb Syrup itself in English, like “sorbet” coming probably from “SRB” to drink (Shurba) [an iced fruit cocoction] @ArmandDAngour Permalink 4:45 AM – 13 Jul 2016

@nntaleb In other words DBS= glue, applies to both syrup and honey @ArmandDAngour Permalink 4:44 AM – 13 Jul 2016

@nntaleb Levantine roots du jour: 3asal=honey from Arabic 3asal, debs=syrup from Aramaic honey & syrup. (in Heb honey=DBSH)pic.twitter.com/gNeNVxFdbA Permalink 4:43 AM – 13 Jul 2016

@nntaleb How GMOs are a fundamentally different process than other modifications, no track record. @normonics @yaneerbaryampic.twitter.com/9mo914nEan Permalink 4:07 AM – 13 Jul 2016

@nntaleb Continued: “For Ramanujan proofs were some strange European custom…”pic.twitter.com/k6PR0JE5Bk Permalink 6:30 PM – 12 Jul 2016

@nntaleb 2/2 Great book; Ramanujan is a “mathematical tinkerer” vs Hardy who worked from rulebook. Invites tinkering on Mathematica @stephen_wolfram Permalink 6:20 PM – 12 Jul 2016

@nntaleb Excellent! Only read on mathematicians by insiders.”Math=Youth”disappears when adjtd by life expect @stephen_wolframpic.twitter.com/52AzjK5asR Permalink 6:11 PM – 12 Jul 2016

@nntaleb The dialogue worked as when we switched to the solution, everyone was in agreement:decentralization @MaxAbrahms @Confusezeus @yaneerbaryam Permalink 5:54 PM – 12 Jul 2016

@nntaleb For the record, for personal ethics, I do not comment abt @PTetlock’s works, etc; I only respond to psychobullshit about my own work. Permalink 3:10 PM – 12 Jul 2016

@nntaleb Here is paper, MrTetlock stop your psyshoBS show where explicit before Peters/Gell-mann https://dl.dropboxusercontent.com/u/50282823/ppArXiv2.pdf  https://twitter.com/PTetlock/status/752832543158833156   Permalink 2:58 PM – 12 Jul 2016

@nntaleb Stop the bullshit: These are NOT counterexamples. Show me a SINGLE social paper that accounts for time prob problem.https://twitter.com/PTetlock/status/752832543158833156   Permalink 2:55 PM – 12 Jul 2016

@nntaleb Nice convergence of ideas on decentralization! Dialogue works! @MaxAbrahms @Confusezeus @yaneerbaryam Permalink 8:44 AM – 12 Jul 2016

@nntaleb Evidence that @Confusezeus is getting Salafi funding!https://twitter.com/habibahamid/status/752874960780230656   Permalink 7:52 AM – 12 Jul 2016

@nntaleb The Cambridge Debate @MaxAbrahms @Confusezeus @yaneerbaryampic.twitter.com/UPnQtnkZvr Permalink 7:42 AM – 12 Jul 2016

@nntaleb I am witnessing a bitter fight between @MaxAbrahms @Confusezeus over ISIS/IRGC on a cafe terrace in Cambridge with @yaneerbaryam laughing. Permalink 7:35 AM – 12 Jul 2016

@MaxAbrahms @nntaleb @Confusezeus Apologists want people to think ISIS is defensive, not predatory. But ISIS wants to strike every country in the world. Permalink 5:44 AM – 12 Jul 2016

@nntaleb ISIS apologists are never explicit; they say” ISIS is bad.. but” & offer some comparison @Confusezeus @MaxAbrahms Permalink 5:13 AM – 12 Jul 2016

@nntaleb Outside of Kelly criterion (still implicit) finance profs make ergodicity mistake. @yzilber @PTetlock @LionsWatson @pale_blue_dot__ Permalink 5:09 AM – 12 Jul 2016

@nntaleb ISIS apologists keep pouding “comparative” arguments (Crusades, IRGC, Pilgrims, Assad) –typically as here, lame. @Confusezeus @MaxAbrahms Permalink 5:08 AM – 12 Jul 2016

@nntaleb This is to debunk the BS: ALL social science/decision theory is missing the point. http://www.bloomberg.com/news/videos/2016-05-12/nassim-taleb-on-the-importance-of-probability   @PTetlock Permalink 4:45 AM – 12 Jul 2016

@nntaleb The point is that you cannot naively use probability for gambles @ardalby @PTetlock Permalink 4:44 AM – 12 Jul 2016

@nntaleb And here is our revision to reflect Peters & Gell-Mann https://dl.dropboxusercontent.com/u/50282823/ppArXiv2.pdf   @a_random_otter @PTetlock Permalink 4:43 AM – 12 Jul 2016

@nntaleb Not at all. First result (Other than ours) was shown in Gell-Mann Peters https://publishing.aip.org/publishing/journal-highlights/exploring-gambles-reveals-foundational-difficulty-behind-economic   @a_random_otter @PTetlock Permalink 4:40 AM – 12 Jul 2016

@nntaleb Show ONE paper in social science identifying ergodicity. ONE. @PTetlock Permalink 4:34 AM – 12 Jul 2016

@nntaleb The #DNDL category is just a fuzzy marker. But deadlifting is a state of mind.https://twitter.com/MDiPaolaMD/status/752653334293647360   Permalink 6:14 PM – 11 Jul 2016

@nntaleb The Séralini case is an interesting way to learn about smear campaign. Meanwhile we are finishing the PP paper.https://twitter.com/garyruskin/status/752523326036250624   Permalink 3:12 PM – 11 Jul 2016

@caitlinrgreen Thanet, Tanit & the Phoenicians: Names, Archaeology & Pre-Roman Trading Settlements in Kent? http://www.caitlingreen.org/2015/04/thanet-tanit-and-the-phoenicians.html  pic.twitter.com/Npezp0bx9f Permalink 2:17 AM – 21 Apr 2015

@nntaleb Never argue with people in private (you will not convince them); argue in public to convince others. Permalink 10:31 AM – 11 Jul 2016

@MohsenGTW @Confusezeus does IRGC consider Sunnis apostates or enslave people? Do you read Persian? Do you have a brain? @nntaleb @MaxAbrahms Permalink 6:42 AM – 11 Jul 2016

@nntaleb Max’s argument: whatever detractors call a “Shia threat” is 100% local. Salafis have global aims (NY, Paris…) @MaxAbrahms @Confusezeus Permalink 6:40 AM – 11 Jul 2016

@nntaleb Nadim is v. open to both discussions & frog legs. 2 more trips to Boston Max & I will change his position @MaxAbrahms @Confusezeus Permalink 5:42 AM – 11 Jul 2016

@nntaleb Nadim, a Christian Lebanese & Saudi Barbaria apologist, has the Stockholm syndrome common to many Lebs in policy. @MaxAbrahms @Confusezeus Permalink 6:30 PM – 10 Jul 2016

@nntaleb So far Nadim has not been able to bring any logical or empirical argument against Max. I am just eating frog legs. @MaxAbrahms @Confusezeus Permalink 6:24 PM – 10 Jul 2016

@nntaleb With @MaxAbrahms in a heated debate with Nadim Shehadi @Confusezeus who sides with Saudi Barbaria. (Frog legs)pic.twitter.com/5mJLrTOS0P Permalink 6:02 PM – 10 Jul 2016

@nntaleb With @MaxAbrahms in a heated debate with Nadim Shehadi @Confusezeus who sides with Saudi Barbaria. (Frog legs)pic.twitter.com/woFBtaorE1 Permalink 6:02 PM – 10 Jul 2016

@nntaleb Finally, instead of driving to Boston, forgot about time, and proved the Lognormal convergence theorems!pic.twitter.com/rcGlVOpPZ1 Permalink 7:15 AM – 10 Jul 2016

@nntaleb Try the Inequalities cheat cheat @neilchriss http://www.lkozma.net/inequalities_cheat_sheet/ineq.pdf   Permalink 4:18 AM – 10 Jul 2016

@nntaleb Inverse Touring Test: The more you can be computerized, the less human you are.https://twitter.com/juliaclavien/status/751534001156984834   Permalink 3:55 AM – 10 Jul 2016

@kylef 500kg deadlift. Eddie Hall trying to Make Britain Great Againhttps://youtu.be/T9Y4o_BqC0A   Permalink 5:27 PM – 9 Jul 2016

@nntaleb Semiticology dujour: Semitic lang,unlike most Indo-Euro, have “day” (YWM) for 24 h &different “day” for the diurnal.pic.twitter.com/n8Mrdm9Vpc Permalink 7:00 AM – 9 Jul 2016

@nntaleb Define “nitpicking”https://twitter.com/Marina_the_Th/status/751772227532619776   Permalink 6:44 AM – 9 Jul 2016

@nntaleb A “nice person” is someone principally nice to those he/she doesn’t need to be nice to. #DailyEthics #Shillary Permalink 6:36 AM – 9 Jul 2016

@nntaleb At the core, with EU, people conflated 1) coordination of common (local) interests with 2) subjugation to a central authority Permalink 4:58 AM – 9 Jul 2016

@nntaleb More on Influences of Semitic roots in Egyptian language; pre-Islamic pre-Arabic https://books.google.com/books?id=GkcABAAAQBAJ&pg=PA540&dq=tlb+semitic&hl=en&sa=X&ved=0ahUKEwjq7qCtp-bNAhUEcz4KHZo8A-sQ6AEISDAI#v=onepage&q&f=false   @lameensouag Permalink 4:50 AM – 9 Jul 2016

@nntaleb Hawn http://www.fooledbyrandomness.com/notebook.htm  https://twitter.com/mhmalek/status/751525386589237248   Permalink 2:49 PM – 8 Jul 2016

@nntaleb “Sakker shebbak w’ttala3 la barra” Levantine &~Aramaic. “Iqful el nafizah wa inthur ilal 5arij” Arabic. Rquires a mental defect to not see. Permalink 12:29 PM – 8 Jul 2016

@nntaleb The plot thickens. As***le. [2 words] “Bu5sh Tizo” Levantine “Bu5sh Tizo” Aramaic “Thaqb Iliatihi” Arabicpic.twitter.com/JJ2ZJzEhhe Permalink 12:20 PM – 8 Jul 2016

@nntaleb “Zammar 3a l’kou3” Levantine “Zammar 3a l’kou3” Aramaic “Inshud 3al mun3atif” Arabic One has to be blind to not seepic.twitter.com/d8HiWiQwmN Permalink 12:11 PM – 8 Jul 2016

@nntaleb Public sector work should not be an investment strategy. @AustinGreenpic.twitter.com/fVqdqYp3Xv Permalink 12:08 PM – 8 Jul 2016

@nntaleb Single most potent arg. agst Centralized EU bureaucratistan: will be eventually owned by Goldman Sacks & Monsanto.https://twitter.com/zerohedge/status/751481083309486080   Permalink 11:36 AM – 8 Jul 2016

@nntaleb It reeks of something all across. Read the paper [ASSUMING YOU TRUST RESULTS], read my p-value paper, let’s talk. @ryanbriggs Permalink 8:38 AM – 8 Jul 2016

@nntaleb The problem of Golden rice is side effects on system. Never take risks you don’t understand if you can do as well w/those you do. @raphaels7 Permalink 8:09 AM – 8 Jul 2016

@nntaleb Hahahaha! “β-Carotene in Golden Rice is as good as β-carotene in oil at providing vitamin A to children” RETRACTED http://retractionwatch.com/2015/07/30/golden-rice-paper-pulled-after-judge-rules-for-journal/   Permalink 7:41 AM – 8 Jul 2016

@nntaleb In Antifragile & ALL socsci misses ergodicity/tails https://dl.dropboxusercontent.com/u/50282823/ppArXiv2.pdf   @LionsWatson @pale_blue_dot__ @PTetlockpic.twitter.com/yP65WqHtLB Permalink 5:35 AM – 8 Jul 2016

@nntaleb Adding tutorials to lectures: Probability & Integral Transforms. Sense the shape of the distribution from its dual.pic.twitter.com/cqaLizQKwT Permalink 4:56 AM – 8 Jul 2016

@nntaleb 62 out of 63 finance/econ academics who traded engaged in tail selling strategies (a la LTCM )>> practitioners. @pale_blue_dot__ @PTetlock Permalink 4:07 AM – 8 Jul 2016

@nntaleb The IYI (Intellectual Yet Idiot) post has been read by 1.6 mil across social media. Bypass established IYI media!https://twitter.com/nntaleb/status/746879505659207680   Permalink 4:13 PM – 7 Jul 2016

@PaleoPhil @catsdad101 @nntaleb “Some people invoke “the naturalistic fallacy,” a philosophical concept that is limited to the moral domain.” -NNT 2014 Permalink 3:06 PM – 7 Jul 2016

@nntaleb Next week in Boston w/@yaneerbaryam revising PP, adding computational complexity /NP. http://www.fooledbyrandomness.com/PrecautionaryPrinciple.html  pic.twitter.com/NZJndoarIS Permalink 12:26 PM – 7 Jul 2016

@nntaleb Someone wrote a more polite critique of that ignorant #neiltyson idea of Rationalia.http://bit.ly/29baqdS   Permalink 12:13 PM – 7 Jul 2016

@nntaleb The InverseExpert is part of SKIN IN THE GAME. The problem is that, without SITG, inverse experts dominate.https://twitter.com/billpowers1970/status/751106877396746240   Permalink 10:34 AM – 7 Jul 2016

@nntaleb Food Corp. (incl. Evil Monsanto) are scared of the minority rule. But they’ve lost anyway. http://www.fooledbyrandomness.com/minority.pdf  https://twitter.com/SenSanders/status/751063380081905664   Permalink 10:32 AM – 7 Jul 2016

@nntaleb Expert: knows stuff NonExpert: me on Turkish grammar InverseExpert: Do oppositel; Brusselcrats, Sunstein,Stiglitz,Thaler,Merton,Scholes,etc. Permalink 10:27 AM – 7 Jul 2016

@nntaleb Those who think Levantine is a “dialect”of Arabic don’t know Aramaic/Semitic lang http://www.fooledbyrandomness.com/notebook.htm   @HouariBdz @abisinello @LinaArabii Permalink 9:50 AM – 7 Jul 2016

@nntaleb عيد فطر مبارك. ينعاد عليكم بدوام الصحة و العافية. Permalink 9:17 AM – 7 Jul 2016

@abisinello Lebanese risk analyst Nassim Nicholas Taleb vs Garry Kasparov on military interventions in the Middle East.pic.twitter.com/SNSxSC7dt1 Permalink 1:57 PM – 28 Jun 2016

@nntaleb Another explanation of Scale Dependent Properties: Some may believe *armies create wars* but nobody sane believes *police create robberies*. Permalink 8:20 AM – 7 Jul 2016

@nntaleb “Scientism of the idiot” (GMO #neiltyson): belief that one should replace a natural hand with an artificial one to satisfy “sc. progress” Permalink 7:31 AM – 7 Jul 2016

@nntaleb Pinker’s book relies on a lot of words that hide absence of a CENTRAL detail. @DrCirillo @JonathanWaxman1pic.twitter.com/lOLqybUVjA Permalink 6:23 AM – 7 Jul 2016

@nntaleb Statistical science (via prob theo) sets naturally the limits of statistical science. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1691165&download=yes   @psybertron @JonathanWaxman1 Permalink 5:51 AM – 7 Jul 2016

@nntaleb Problem with Pinker boy is that he made statistical claims without knowing what he is talking about. @JonathanWaxman1 Permalink 5:44 AM – 7 Jul 2016

@nntaleb All cheap tawk. Blair should be forced to live the rest of his life in Bagdad/Mosul, or Raqqah. #skininthegamehttps://twitter.com/TheGreenParty/status/750642762203009024   Permalink 5:42 AM – 7 Jul 2016

@nntaleb What are the odds that someone expressing distress at the “choice” w/ the two presidential candidates (who will vote) would vote Trump? Permalink 5:40 AM – 7 Jul 2016

@nntaleb Economics/philosopy prof does not count as “proper job”. Actually, reverse. Kapish? @miamoisio @JonathanWaxman1 @_Foolosophy_ @Nigel_Farage Permalink 5:33 AM – 7 Jul 2016

@food_democracy These brave Senators stood w/ the American public over backroom deals to label GMOs! http://bit.ly/29p69Ra   #Heroespic.twitter.com/DN8Badw8wA Permalink 7:16 PM – 6 Jul 2016

@nntaleb Delenda est Monsanto; […] Ceterum, censeo … Delenda Monsanto esthttps://twitter.com/NonGMOProject/status/750802613071863809   Permalink 2:37 PM – 6 Jul 2016

@nntaleb When I saw @Nigel_Farage telling the empty suits in Brussels “none of you had a proper job”, I knew he had been a trader. Turned out he was. Permalink 2:19 PM – 6 Jul 2016

@nntaleb Similarly: Nobody should ever hold office unless he/she had a “proper job” (outside politics/tawking) for at least 10 years and 3 months. Permalink 2:13 PM – 6 Jul 2016

@nntaleb With funding cuts as w/fall of Soviet Union, academics are laid off. What will an academic economist be used for? Permalink 12:23 PM – 6 Jul 2016

@nntaleb Q: How many of the IYI who think Brexit is “irrational” + Thought Iraq was a good idea + Think GMOs are safe, “science” not scientism Permalink 10:52 AM – 6 Jul 2016

@nntaleb So you think you understand enough of the workings of the world to pronounce pro-Brexit as “stupid”? I hold the exact opposite. @ianbremmer Permalink 10:27 AM – 6 Jul 2016

@nntaleb How to purify academic research from BS, remove the ritualistic game, make it real. https://www.facebook.com/nntaleb/posts/10153956847823375  pic.twitter.com/GAYiDrRmZn Permalink 7:19 AM – 6 Jul 2016

@nntaleb Son grand theme est le déclin de l’universitaire médiéval au profit de l’intellectuel humaniste. @OHSAISONS @AlexDroite Permalink 5:36 AM – 6 Jul 2016

@nntaleb For researchers, a day job should be mandatory: Patent clerc Lensmaker Rentier Country priest Postman Mafia operative Trader @AlexDroite Permalink 4:54 AM – 6 Jul 2016

@nntaleb In Academia, abt everyone, individually,knows 99% of research are substance-free ritualistic BS but,collectively,behaves as if it weren’t so Permalink 4:51 AM – 6 Jul 2016

@nntaleb Le Goff despised academia; praised research by nonteachers. @AlexDroitepic.twitter.com/aQm9rMlcxD Permalink 4:36 AM – 6 Jul 2016

@nntaleb Uploaded ‘The Decline of Violent Conflicts: What Do The Data Really Say’ [debunking Pinker BS]http://www.academia.edu/26772813/The_Decline_of_Violent_Conflicts_What_Do_The_Data_Really_Say   Permalink 4:31 AM – 6 Jul 2016

@jeorgen Taleb keeps bringing down the modernist project. The high priests of scientism (not real science) need to be exposedhttps://twitter.com/nntaleb/status/750488970425954304   Permalink 1:44 AM – 6 Jul 2016

@nntaleb The answer is: no.https://twitter.com/bonnicit/status/750518265043161088   Permalink 7:52 PM – 5 Jul 2016

@nntaleb I worked 21y full-time in a highly stressful job, researched, studied & wrote 3 books at night. I have NO sympathy for entitlement-academia. Permalink 6:26 PM – 5 Jul 2016

@nntaleb Brilliant, citable: “a set of fixed rituals around grant proposals” Saifedean Ammous @saifedean Permalink 6:20 PM – 5 Jul 2016

@nntaleb If you have to be told how to do research, don’t do research. @BeOpsguy Permalink 6:06 PM – 5 Jul 2016

@nntaleb The results that came from industry yet misappropriated by academic PR machine “lecturing birds how to fly”.pic.twitter.com/DiDe3FaSig Permalink 5:38 PM – 5 Jul 2016

@nntaleb The main result of Borel was published in obscure “Palermo math circle” “Rendiconti del Circolo Matematico di Palermo” @neilchriss Permalink 5:30 PM – 5 Jul 2016

@_jmgomez_ @pasku1 I prefer the other one from @nntaleb,”Academia is to knowledge what prostitution is to love;the surface but,to the nonsucker,not…” Permalink 5:14 PM – 5 Jul 2016

@habibh Lebanese Entrepreneurs Are Coming Home, and Bringing Billions http://www.ozy.com/fast-forward/lebanese-entrepreneurs-are-coming-home-and-bringing-billions/70407#.V3ufGzir2jQ.twitter   via @ozy Permalink 4:51 AM – 5 Jul 2016

@nntaleb No. 2 chapters in #Antifragile. Academ produced << than industry/freelance in spite of resources; good PR machine.https://twitter.com/albertop78/status/750451396877615105   Permalink 3:20 PM – 5 Jul 2016

@nntaleb I know a few people who published several hundred papers without saying anything. Academia shd focus on education; decommoditize research. Permalink 1:32 PM – 5 Jul 2016

@nntaleb You “need” academia to do research about as much as you “need” a tractor to tour New York City.pic.twitter.com/1c5plbZhcO Permalink 12:46 PM – 5 Jul 2016

@nntaleb Ad Hominem is legit if the record links to the opinion (SITG). Don’t ask a blown up trader to evaluate tail risk.https://twitter.com/InjuredThales/status/750402931719958528   Permalink 12:05 PM – 5 Jul 2016

@nntaleb The only reason we don’t see the difficulties of the Lognormal is because finance pple work w/daily sig=.005-.01; things blow up at sig >1. Permalink 10:43 AM – 5 Jul 2016

@nntaleb Joining Academia to do research is like joining the mafia to learn Italian. Permalink 9:16 AM – 5 Jul 2016

@FrankQuattrone Says the man who once indicted me over a 23-word email that encouraged my team to save subpoenaed documentshttps://twitter.com/recode/status/750349802269990912   Permalink 8:31 AM – 5 Jul 2016

@nntaleb It IS ad hominem: Nobelled supporting GMOs w/sole backup their “credibility”, not derivations. Hence EXPERTISE is fair game @ademarcisnegro Permalink 8:51 AM – 5 Jul 2016

@nntaleb Nobel laureate GMO promoter presided over firm that lost billions http://www.gmwatch.org/news/latest-news/17091-nobel-laureate-who-signed-letter-promoting-gmos-presided-over-firm-that-lost-billions   Permalink 8:19 AM – 5 Jul 2016

@tparsi Stunning piece on how Saudi/Qatari funded mosques are spreading Salafism and secterianism in Swedish (!) suburbs… http://www.expressen.se/nyheter/longread/utanforskapet-inifran/har-i-orebro-vill-jag-rycka-tag-i-barnen-och-saga-ingen-mer-ska-till-paradiset/   Permalink 10:09 PM – 4 Jul 2016

@nntaleb Lognormal is hardest of distributions in preasymtotics: sums behave erratically; no MGF/CHF. Back to stand up desk.pic.twitter.com/qByDXtg2xk Permalink 6:50 AM – 5 Jul 2016

@nntaleb The last step in the 3000 year Semitic convergence to pure, abstract, obsessive & uncompromising monotheism.https://twitter.com/byzantinepower/status/750282289519538176   Permalink 6:17 AM – 5 Jul 2016

@nntaleb Hillary Monsanto-Malmaison, warmonger WikiLeaks Releases Over 1,000 Clinton Iraq War Emails – Breitbarthttp://bit.ly/29hg7rC   Permalink 6:52 PM – 4 Jul 2016

@nntaleb QUESTION 1:What are the animals that don’t appear to age & what is their life expectancy? QUESTION 2:Are there human organs that don’t age? Permalink 1:07 PM – 4 Jul 2016

@nntaleb ANSWER: Life expect. wld be, at 0,50,100, 1000 ~1/p ( p is fatal accident rate). (But human race wd go extinct, as no evol. if env. changes) Permalink 12:10 PM – 4 Jul 2016

@nntaleb Capicoli pronounced “Gabagool” @pwalnuts1156 @CGasparino @EmanuelDerman @mndl_nyc Permalink 7:20 AM – 4 Jul 2016

@nntaleb Fucking idiot, “criticism” is something specific (e.g. “Theorem x is wrong”) or backed-up not drunken BS spouted in a bar. @PieterDuboisFI Permalink 7:17 AM – 4 Jul 2016

@nntaleb 2/2 Sicilian is so different from Tuscan that for a long time Cavour thought that Sicilians were still speaking Arabic. @EmanuelDerman Permalink 7:12 AM – 4 Jul 2016

@nntaleb 1/2 Not “Italian”: Sicilian & Calabrese (“Kalabez”), don’t pronounce the last vowel a la Tuscan. Also “Gabish”. @EmanuelDerman @mndl_nyc Permalink 7:09 AM – 4 Jul 2016

@nntaleb People think in sub-log scale. For the crowds, 350 billion and 350 millions aren’t too different. @diomavro @vaLondon @kateantiquity Permalink 6:32 AM – 4 Jul 2016

@nntaleb There is a minority of trolls on the web (<1% trolling 95%). Shut them down & life gets much much better http://www.fooledbyrandomness.com/smear.html   @mndl_nyc Permalink 6:25 AM – 4 Jul 2016

@nntaleb You are not Kapishing the problem. There are disagreements, & there is trolling. Latter is unconditional to content. @mndl_nyc Permalink 6:23 AM – 4 Jul 2016

@nntaleb You need to shut down EU (made in linear 50s-70s) & rebuild a la CHF in accordance w/logic of complex systems. @kateantiquity @James_Raynard Permalink 6:19 AM – 4 Jul 2016

@nntaleb Methodology with twitter: Typical troll by BS-vendors (doesn’t show *where* wrong). Block him and ALL his followers.pic.twitter.com/5qG0cKgECR Permalink 6:04 AM – 4 Jul 2016

@nntaleb Don’t look for proximate cause: You can’t have 1)voting rights, 2)social media, and 3)patronizing elite at once @kateantiquity Permalink 5:22 AM – 4 Jul 2016

@nntaleb P-VALUES: Added a paper on http://Academia.edu   : why p-values are BS/cannot be used for risk analyses.https://www.academia.edu/26704758/The_Meta-Distribution_of_Standard_P-Values   Permalink 5:15 AM – 4 Jul 2016

@nntaleb The Great John Gray on Brexit:pic.twitter.com/M1vTHrxYxT Permalink 4:57 AM – 4 Jul 2016

@nntaleb I thought I did with Antifragile and this paper https://www.academia.edu/26660005/_Anti_Fragility_and_Convex_Responses_in_Medicine  https://twitter.com/KDHabibi/status/749726795931521028   Permalink 4:31 PM – 3 Jul 2016

@nntaleb The view of a complex system from a complex system science vantage point is different. Learn fron @yaneerbaryam !https://twitter.com/yaneerbaryam/status/749711891300220928   Permalink 2:24 PM – 3 Jul 2016

@nntaleb QUIZ du jour: If humans didn’t age, how long would they live? What would their life expectancy be at 100 compared to that at 50? Permalink 11:44 AM – 3 Jul 2016

@nntaleb In SILENT RISK:Anyone who utters expr. “Knightian Risk” or distinguishes betw “risk” & “uncertainty” is incompetent:pic.twitter.com/9OYfeaBis2 Permalink 10:36 AM – 3 Jul 2016

@nntaleb Changing SILENT RISK from 1 column book size to 2 columns 8 1/2 by 1.pic.twitter.com/wvKQnw9L5F Permalink 9:59 AM – 3 Jul 2016

@GhassanDahhan Sure! Just like those jihadis from France, Norway, Sweden, Denmark, Canada, The Netherlands, Luxembourg & Finland.https://twitter.com/KenRoth/status/749102157543026692   Permalink 9:22 AM – 3 Jul 2016

@nntaleb Wittgenstein. He is the one who understood why religious beliefs should not be analyzed. @hamandcheese @ChrisSpoke @Chris_arnade Permalink 9:12 AM – 3 Jul 2016

@nntaleb Even more weirdness on the part of the Lognormalpic.twitter.com/Tv1qXTQgoi Permalink 7:47 AM – 3 Jul 2016

@nntaleb Single account is easiest…But some people are annoyed by heavy math, others love it. Everyone loves beating on @JustinWolfers @mjd1735 Permalink 7:34 AM – 3 Jul 2016

@nntaleb Another way to check the weird fat-tailedness of the Lognormal.pic.twitter.com/ZaGsczMyq8 Permalink 7:30 AM – 3 Jul 2016

@nntaleb Twitter activities: + Busting BS vendors + Fighting evil firms (eg Monsanto) + Philology + Math/prob + Squid ink Permalink 7:09 AM – 3 Jul 2016

@nntaleb NYU human resources, dean, secretary, everyone was swamped with emails. @mjd1735 @carolhoernlein @AndreaSaltelli @philipbstark Permalink 7:00 AM – 3 Jul 2016

@nntaleb Same Monsanto’s PR firm as the 107 Nobels send>1500 emails to NYU pathologizing my GMO stance @carolhoernlein @AndreaSaltelli @philipbstark Permalink 6:57 AM – 3 Jul 2016

@nntaleb Squid ink with wine from Puglia, the crypto-Byzantine region of Italy. @joe54stpic.twitter.com/LcgMsyv2do Permalink 5:50 PM – 2 Jul 2016

@nntaleb The imbecile didn’t read proof that PROBABILISTIC cost/benefit fails under systemic ruin. https://dl.dropboxusercontent.com/u/50282823/ppArXiv2.pdf  https://twitter.com/FabiusMaximus01/status/749354418647080960   Permalink 2:32 PM – 2 Jul 2016

@nntaleb Another one who doesn’t deadlift.https://twitter.com/rgncny/status/748906900738244608   Permalink 2:10 PM – 2 Jul 2016

@nntaleb Thing I learned today: Lognormal with high sigma (>=4) behaves in convergence ~ like Cauchy, slow for v. large sums.pic.twitter.com/jaWM1gnrgZ Permalink 2:06 PM – 2 Jul 2016

@nntaleb Zaki is also Aramaic (“Bass” interesting bec. from Persian=>Hindi) All Expression Zaki Bass 7mar Aramaic. @Jaguitapic.twitter.com/eVPwQDHsAi Permalink 1:40 PM – 2 Jul 2016

@nntaleb IYI (Intellectual yet Idiot) from Levantine “Zaki bass 7mar” (“bass” is Aramaic from Md. Pers.);corresponds to Mod. Hebrew חמור נושא ספרים Permalink 12:15 PM – 2 Jul 2016

@tparsi This image by Saudi embassy needs to include data on the number of Salafi terrorists Saudi has funded & created…https://twitter.com/SaudiEmbassyUSA/status/748512242627411968   Permalink 11:48 AM – 2 Jul 2016

@nntaleb I’d take any minute the decision of an imbecile over that of an educated imbecile.https://twitter.com/nntaleb/status/749259342617214976   Permalink 8:29 AM – 2 Jul 2016

@nntaleb My belief: “tawkers” are a bunch of nerds ignorant of complexity of systems, can’t find a coconut in Coconut island.https://twitter.com/nntaleb/status/749208168081784832   Permalink 8:12 AM – 2 Jul 2016

@DrCirillo If you kill variability, you kill selection. If you kill selection, you kill the markets. Permalink 6:05 AM – 2 Jul 2016

@nntaleb Wittgenstein’s ruler: Either “talkers”are smart & voters are indeed stupid, or Voters are smart & tawkers are stupidhttps://twitter.com/ianbremmer/status/749206679577911296   Permalink 4:48 AM – 2 Jul 2016

@nntaleb Our GMO discussion: The Precautionary Principle page http://www.fooledbyrandomness.com/PrecautionaryPrinciple.html  pic.twitter.com/EXphyFiBlT Permalink 4:44 AM – 2 Jul 2016

@SPWinterstein @nntaleb this boils down the problem in “John hit the ball” language that even I can understand. Elegant and true.https://twitter.com/nntaleb/status/749041745661403136   Permalink 7:36 PM – 1 Jul 2016

@nntaleb The #Brexit rebellion against “experts”: it is easier to macrobullshit than microbullshit. https://www.facebook.com/nntaleb/posts/10153947005293375  pic.twitter.com/XeJ6l7hHzK Permalink 5:47 PM – 1 Jul 2016

@nntaleb Trying http://Academia.edu   (Anti)Fragility and Convex Responses in Medicinehttps://www.academia.edu/26660005/_Anti_Fragility_and_Convex_Responses_in_Medicine?s=t   Permalink 5:10 PM – 1 Jul 2016

On the Difference between Binary Prediction and True Exposure With Implications For Forecasting Tournaments and Decision Making Research

On the Difference between Binary Prediction and True Exposure With Implications For Forecasting Tournaments and Decision Making Research

Nassim N. Taleb, Philip E. Tetlock

Abstract
There are serious statistical differences between predictions, bets, and exposures that have a yes/no type of payoff, the “binaries”, and those that have varying payoffs, which we call the “variable”. Real world exposures tend to belong to the variable category, and are poorly captured by binaries. Yet much of the economics and decision making literature confuses the two. variable exposures are sensitive to Black Swan effects, model errors, and prediction problems, while the binaries are largely immune to them. The binaries are mathematically tractable, while the variable are much less so. Hedging variable exposures with binary bets can be disastrous–and because of the human tendency to engage in attribute substitution when confronted by difficult questions,decision-makers and researchers often confuse the variable for the binary.

https://docs.google.com/file/d/0B_31K_MP92hUZFRrQk1VOExqMUE/edit?pli=1

On the Difference between Binary Prediction and True Exposure With Implications for Forecasting Tournaments and Prediction Markets by Nassim Nicholas Taleb, Philip E. Tetlock :: SSRN

On the Difference between Binary Prediction and True Exposure With Implications for Forecasting Tournaments and Prediction Markets

Nassim Nicholas Taleb

NYU-Poly; Université Paris I Panthéon-Sorbonne – Centre d’Economie de la Sorbonne (CES)

Philip E. Tetlock

University of California, Berkeley – Organizational Behavior & Industrial Relations Group; University of Pennsylvania – Management Department

June 25, 2013

Abstract:

There are serious differences between predictions, bets, and exposures that have a yes/no type of payoff, the “binaries”, and those that have varying payoffs, which we call the “vanilla”. Real world exposures tend to belong to the vanilla category, and are poorly captured by binaries. Vanilla exposures are sensitive to Black Swan effects, model errors, and prediction problems, while the binaries are largely immune to them. The binaries are mathematically tractable, while the vanilla are much less so. Hedging vanilla exposures with binary bets can be disastrous — and because of the human tendency to engage in attribute substitution when confronted by difficult questions, decision-makers and researchers often confuse the vanilla for the binary.

Number of Pages in PDF File: 7

Keywords: Predictions, Risk, Decision, Judgment and Decision Making, Fat Tails

working papers series

via On the Difference between Binary Prediction and True Exposure With Implications for Forecasting Tournaments and Prediction Markets by Nassim Nicholas Taleb, Philip E. Tetlock :: SSRN.

On the Difference between Binary Prediction and True Exposure, with Implications for Forecasting Tournaments and Prediction Markets by Nassim Nicholas Taleb, Philip E. Tetlock :: SSRN

On the Difference between Binary Prediction and True Exposure, with Implications for Forecasting Tournaments and Prediction Markets

Nassim Nicholas Taleb

NYU-Poly

Philip E. Tetlock

University of California, Berkeley – Organizational Behavior & Industrial Relations Group; University of Pennsylvania – Management Department

June 25, 2013

Abstract:

There are serious differences between predictions, bets, and exposures that have a yes/no type of payoff, the “binaries”, and those that have varying payoffs, which we call the “vanilla”. Real world exposures tend to belong to the vanilla category, and are poorly captured by binaries. Vanilla exposures are sensitive to Black Swan effects, model errors, and prediction problems, while the binaries are largely immune to them. The binaries are mathematically tractable, while the vanilla are much less so. Hedging vanilla exposures with binary bets can be disastrous–and because of the human tendency to engage in attribute substitution when confronted by difficult questions, decision-makers and researchers often confuse the vanilla for the binary.

Number of Pages in PDF File: 7

Keywords: Predictions, Risk, Decision, Judgment and Decision Making, Fat Tails

working papers series

via On the Difference between Binary Prediction and True Exposure, with Implications for Forecasting Tournaments and Prediction Markets by Nassim Nicholas Taleb, Philip E. Tetlock :: SSRN.