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Mark Spitznagel on the Coming Market Crash

“No Longer Tethered to the Fundamentals”: A Nassim Taleb Protégé on How to Prepare for the Coming Market Crash

Working with the economist (and his former professor at NYU) Nassim Nicholas Taleb —the author of the 2007 best seller, The Black Swan (Spitznagel is working on new book, Safe Haven: Investing for Financial Storms, for which Taleb is writing the foreword)—as an adviser, Spitznagel’s hedge fund has come up with a strategy to help big investors—for instance pension funds and endowment funds—protect their portfolios against the coming correction.

HatTip to Dave Lull

Fat Tony, NJ, Pandemics, Harari , coronavirus, panic early, Tesla, AUSTRALIA, IQ, Coach Rippetoe, Iran, Soleimani, Ghosn, HIGHLIGHTS OF 2019, Negronis,

Statistical Consequences of Fat Tails: Real World Preasymptotics, Epistemology, and Applications

 

@nntaleb Fat Tony lives in NJ; but he self defines as “from Brooklyn”. “It’s that bridge, you know”. Permalink 10:14 AM – 7 Feb 2020

@nntaleb Comments on New Jersey in The Incerto… one of many pic.twitter.com/0TeSh0F2vh Permalink 9:18 AM – 7 Feb 2020

@nntaleb I wonder what is scaring them the most: the virus or being forced to stay in New Jersey. https://twitter.com/ISCResearch/status/1225770175380803584   Permalink 7:32 AM – 7 Feb 2020

@nntaleb Also there is a focus on AI, machine learning, and data science, away from traditional idiotic business school finance. Permalink 7:01 AM – 7 Feb 2020

@nntaleb Our NYU Tandon School of Engineering Fin program is becoming increasingly successful, largely because of the link to the real world. Both Peter Carr & yours truly come from practice, and have developed our research WHILE in practice. @nyutandon @NYUFRE https://engineering.nyu.edu/news/nyu-tandon-financial-engineering-program-ranked-among-best   Permalink 6:52 AM – 7 Feb 2020

@nntaleb Speculative Mediterranean Philology DuJour: Question. Moustaki/Mustacchi/Μουστακί/ς Μουστάκας does not seem to have a real Greek origin. Could it come from the Semitic مستقي\ مشطقّي؟\مصطقّي ? Note the Italian c+ch = قّ Permalink 12:14 PM – 6 Feb 2020

@nntaleb For instance: Lebanese deposits #Lebanon https://twitter.com/TalebWisdom/status/1225491481500225538   Permalink 10:50 AM – 6 Feb 2020

@otrasenda_AC Para mi es claro que para entender la salud humana de forma integral, así como para prevenir y hacer frente a epidemias como la actual, necesitamos un enfoque complejo @redcompleja que permita por ejemplo valorar estos riesgos ver la nota de @normonics, @yaneerbaryam y @nntaleb pic.twitter.com/c0ZuERfm4G Permalink 10:49 AM – 6 Feb 2020

@TalebWisdom “In the medical and social domains, treatment should never be equivalent to silencing symptoms.” – Nassim Nicholas Taleb Permalink 6:24 AM – 6 Feb 2020

@nntaleb Salibi was a BS vendor: into historical fabrication, relied upon by Arab fascists to destroy #Localism & Med Cosmopolitanism. Never ever cite Salibi for anything. For instance, his story of the Yemen exodus (Marib dam) was debunked by population genetics (@PZalloua). https://twitter.com/ZiryabJ/status/1225419602315878400   Permalink 6:15 AM – 6 Feb 2020

@nntaleb Will give a remote lecture in @spyrosmakrid’s class. https://twitter.com/spyrosmakrid/status/1224353486793596929   Permalink 6:08 AM – 6 Feb 2020

@nntaleb Another distinguishing feature: Photius was a lay person and a yuuge erudite. There are antecedents allowing lay people to become patriarchs of Constantinople, the highest calling for any orthodox, in case someone is interested. https://twitter.com/DrMichaelBonner/status/1225406512279031808   Permalink 5:32 AM – 6 Feb 2020

@nntaleb PRINCIPIA https://twitter.com/AndrewYang/status/1225090288546406400   Permalink 7:30 PM – 5 Feb 2020

@nntaleb Total victims (reported) are now ~20,000. When we did these piece, the number was about 1,000. Multiplicative processes. Einstein has a saying (attributed to him) about the force of compound interest. https://twitter.com/nntaleb/status/1221486205847646208   Permalink 7:23 PM – 5 Feb 2020

@nntaleb An MD may know a lot of clinical stuff (though not always) but cannot comprehend multiplicative processes. So they should shut the f**k up when it comes to these risks. Called “carpenter fallacy” w/ the GMO problem: to understand risks of roulette, know probability not carpentry. https://twitter.com/Aemiliannus/status/1225110386560655360   Permalink 12:04 PM – 5 Feb 2020

@nntaleb Friends, my book is here. Easier to read than ArXiv. You can also add comments. https://www.researchers.one/article/2020-01-21   Permalink 12:04 PM – 5 Feb 2020

@nntaleb Solved! Ignore, take a walk, come back and the solution comes out. pic.twitter.com/RwSSfpExHF Permalink 11:16 AM – 5 Feb 2020

@AllAboutAlpha “Statistician/philosopher Nassim Nicholas Taleb critiques “behavioral” economics and finance as he looks at the differences between “binary forecasts” and “real world payoffs,” in a recent paper for the International Journal of Forecasting.” https://bit.ly/313J0Ox   ” target=”_blank”>http://pic.twitter.com/BNkYpkscYo”>  pic.twitter.com/BNkYpkscYo Permalink 9:50 AM – 5 Feb 2020

@nntaleb Actually… proof is TK pic.twitter.com/Sl1pKilQyj Permalink 9:45 AM – 5 Feb 2020

@nntaleb My point on homeopathy is that it distracts the patient away from iatrogenics when the disease is within 1 sigma. https://twitter.com/david_perell/status/1225100974676639744   Permalink 9:44 AM – 5 Feb 2020

@GCsVentures Meanwhile, I’m learning that Sweden (where I reside & pay taxes) is imposing zero quarantine on people coming from China at the moment. @Folkhalsomynd please don’t blindly follow the @WHO. Enforce quarantines and/or stop influx from China now. Please see https://twitter.com/nntaleb/status/1221486205847646208   Permalink 9:40 AM – 3 Feb 2020

@nntaleb Pages 8-11 Friends, looking for typos/errors. Thanks again pic.twitter.com/IkhwN5OLlr Permalink 9:38 AM – 3 Feb 2020

@statsmartin Yes, @researchersone publishes books! Check out @nntaleb’s latest book “Statistical Consequences of Fat Tails” https://www.researchers.one/article/2020-01-21   Permalink 7:32 AM – 3 Feb 2020

@nntaleb Pages 4-7 pic.twitter.com/j2ox078mjG Permalink 6:36 AM – 3 Feb 2020

@nntaleb Reposting (corrected) pages 1-3 (single page, easier to read) pic.twitter.com/uqYxMqN1CL Permalink 6:25 AM – 3 Feb 2020

@nntaleb Friends, the draft of the transcription of a lecture I gave at the Leopoldina academy on how RISK & PARANOIA are misunderstood by psychologists & BS vendors. Part 1, for comments pic.twitter.com/MTmvuVA5Jn Permalink 6:20 AM – 3 Feb 2020

@nntaleb The ting about these puzzles is that you always think it is a 15 min morning exercise, but they have a totally stochastic stopping time. This, unexpectedly, took houuuuuuuuuuuuuurs! Permalink 6:26 PM – 2 Feb 2020

@nntaleb This s***t cost me half my Sunday! Tough, tough! pic.twitter.com/eSbgKq8urF Permalink 6:07 PM – 2 Feb 2020

@nntaleb Expect more BS like this one by @johnpilger https://twitter.com/johnpilger/status/1224119492126527488   Permalink 5:12 PM – 2 Feb 2020

@nntaleb The Black Swan (2007) discusses the risks of a virus spreading owing to the increased connectivity in the modern environment. Connectivity increases fattailedness. We were never as connected as we were 10 days ago. pic.twitter.com/XzQNgJGAca Permalink 7:09 AM – 2 Feb 2020

@JamesMarsh79 I remember when @nntaleb @financequant debated the risks of an outbreak at #rwri, nassim mentioned that hospitable might not even be open because staff wouldn’t show up. Wise https://twitter.com/wsj/status/1223984447550361600   Permalink 7:04 AM – 2 Feb 2020

@nntaleb Sunday morning workout. pic.twitter.com/WUC5yPiAj6 Permalink 6:19 AM – 2 Feb 2020

@nntaleb The type of fake empiricism we @yaneerbaryam and @normonics are trying to correct. Note it is almost ALWAYS a journo or a psychologist (@qhardy) making such irresponsible claim. Lightning strikes are not multiplicative, hence thin-tailed. https://twitter.com/qhardy/status/1223940970871316480   Permalink 6:18 AM – 2 Feb 2020

@yannispetro Similar to drinking a drop of tap water every time you visit India @nntaleb @SavvasSalou @JennyKechagia https://twitter.com/JonHaidt/status/1223726591169253376   Permalink 2:02 PM – 1 Feb 2020

@nntaleb SEMITIC PHILOLOGY DU JOUR https://twitter.com/Marcellenassif/status/1223725662185447425   Permalink 1:57 PM – 1 Feb 2020

@TalebWisdom “It is much harder to become independent if you are wealthy than to become wealthy if you are independent.” – Nassim Nicholas Taleb Permalink 12:06 PM – 1 Feb 2020

@nntaleb Right to left… Or, better, random order https://twitter.com/Zrimat_/status/1223651362354925568   Permalink 9:45 AM – 1 Feb 2020

@nntaleb A trivial computation: If IQ mapped to intelligence rather than unintelligence (i.e. <70), where are the 800,000 geniuses? Trivial. pic.twitter.com/4gO1MNV1JY Permalink 8:19 AM – 1 Feb 2020

@nntaleb Dear Atlantans, this friend of mine is in Atlanta and looking for a Calabese barber or possibly any Mediterranean barber shop a la old country style (where barbers have a heavy accent). Can anyone help? pic.twitter.com/7jK8gmiDxg Permalink 7:17 AM – 1 Feb 2020

@yvespatte Il y a quelques jours, pendant que des éditorialistes nous disaient qu’il n’y avait pas à s’inquiéter du coronavirus, des chercheurs spécialisés en risk management et en système complexe, @normonics, Yaneer Bar-Yam et @nntaleb, publiaient ce papier : https://www.academia.edu/41743064/Systemic_Risk_of_Pandemic_via_Novel_Pathogens_-_Coronavirus_A_Note   ” target=”_blank”>http://pic.twitter.com/h9vfmGyi3c”>  pic.twitter.com/h9vfmGyi3c Permalink 5:45 AM – 1 Feb 2020

@LaikiEksixroni1 @nntaleb lets bring Lebanon to the where it belongs https://twitter.com/EastMedMonitor/status/1223555043246444545   Permalink 2:39 AM – 1 Feb 2020

@nntaleb Mathematicians think in proofs, lawyers in constructs, logicians in operators, dancers in movement, artists in impressions, drummers in rythms, and idiots in labels. Bed of Procrustes. Permalink 5:14 PM – 31 Jan 2020

@nntaleb 2) I feel safe traveling in the US over the next month. Permalink 3:20 PM – 31 Jan 2020

@nntaleb GREAT NEWS. We are told that our article helped move the needle as the US government has taken the rational precautionary measures we advocated. @normonics https://twitter.com/nntaleb/status/1221486205847646208   Permalink 2:39 PM – 31 Jan 2020

@nntaleb Some background: the alt-right, Charles Murray et al, Nordic supremacists & eugenists, are bothered by my IQ article. Murray is circulating “debunkings” by some bloggist. https://medium.com/incerto/iq-is-largely-a-pseudoscientific-swindle-f131c101ba39   Permalink 2:32 PM – 31 Jan 2020

@mikeandallie (1/3) I’ve learned an enormous amount from @nntaleb in the last 4 or 5 years about what it means to pursue math away from academia. It isn’t simply a matter of depth of knowledge, though, it is his fearlessness with doing math in public and his ability to explain deep +. pic.twitter.com/BWm5rkXhXI Permalink 2:27 PM – 31 Jan 2020

@nntaleb A reminder of Charles Murray as a fake scholar. https://twitter.com/nntaleb/status/1162105686848880640   Permalink 2:00 PM – 31 Jan 2020

@nntaleb Something that grows at a rate of >10% a day is a problem (here potentially 25%). We need to constrain its growth. Every point counts! 6-9 months would be a disaster. https://twitter.com/ScottGottliebMD/status/1223026763896434694?s=20   Permalink 3:40 PM – 30 Jan 2020

@nntaleb 2/ Hurricanes are not multiplicative. Some viruses are. Permalink 3:37 PM – 30 Jan 2020

@nntaleb Apparently the person holding up the precautionary measures to constrain mobility is a son of Amioun: Health Secretary Alex Azar @SecAzar who, unlike another son of Amioun*, doesn’t get precautionary principles in a complex interactive system. *Amioun is our village of origin https://twitter.com/nntaleb/status/1221486205847646208   Permalink 2:46 PM – 30 Jan 2020

@chasechandler This is the problem with term “evidence based.” Almost always used with great ignorance of emergence and downside asymmetry. Permalink 12:31 PM – 30 Jan 2020

@normonics WORST possible recommendation. This is why we can’t subject ourselves to global scale policy. This is an outrageous statement #coronavirus https://twitter.com/WHO/status/1222969858574430217   Permalink 12:05 PM – 30 Jan 2020

@johncarlosbaez Thanks, Eric. Alas, I have a kind of allergy to shows where bigshots get interviewed about stuff. Permalink 11:47 AM – 30 Jan 2020

@hugowiz «If we don’t understand something and it has a systemic effect, just avoid it.» Skin in the game @nntaleb pic.twitter.com/waIiZL9OdO Permalink 11:39 AM – 30 Jan 2020

@nntaleb Continued in Lebanon: some people are still classified as Rum. https://twitter.com/byzantinepower/status/1222854495622877184   Permalink 11:22 AM – 30 Jan 2020

@BotTradingQuote We have this culture of financialization. People think they need to make money with savings rather with their business. So you end up with dentists who are more traders than dentists. A dentist should drill teeth and use whatever he does in the market for entertainment-@nntaleb Permalink 6:30 AM – 30 Jan 2020

@paulportesi No. @nntaleb has discussed many of tactics on this particular issue. He “trades” in the world markets. I defer to him. Time spent on revenge is never wasted. NNT Revenge is a moral obligation. NNT Revenge isn’t just revenge. It’s a deterrent.” – NNT https://twitter.com/nntaleb/status/972887563164946432?s=19   https://twitter.com/royer_geoffrey/status/1222664501876678656   Permalink 3:44 PM – 29 Jan 2020

@animangia Now @nntaleb is going to have a Capisch emoji https://twitter.com/emojipedia/status/1222635333491286019   Permalink 3:28 PM – 29 Jan 2020

@yaneerbaryam Community action for Wuhan Coronavirus pandemic response pic.twitter.com/2xyLdMREju Permalink 11:26 AM – 29 Jan 2020

@nntaleb He knows something we don’t know. “Boeing CEO David Calhoun: I don’t expect lasting Coronavirus impact” https://www.cnbc.com/video/2020/01/29/boeing-ceo-david-calhoun-i-dont-expect-lasting-coronavirus-impact.html?__source=iosappshare%7Ccom.apple.UIKit.activity.PostToTwitter   Permalink 6:38 AM – 29 Jan 2020

@nntaleb The Trump Peace Plan is not about peace and not a plan; it is, simply, punitive capitulation terms a la Versailles. It also ignores Palestinian refugees in Lebanon & elsewhere. Permalink 4:25 AM – 29 Jan 2020

@nntaleb November 4-5 2020 https://twitter.com/narekk/status/1222399764290920450   Permalink 3:23 AM – 29 Jan 2020

@nntaleb Final Version of Statistical Consequences of Fat Tails finally on ArXiv. Hard copy out soon. https://arxiv.org/abs/2001.10488   ” target=”_blank”>http://pic.twitter.com/2gvRKLERkr”>  pic.twitter.com/2gvRKLERkr Permalink 3:15 AM – 29 Jan 2020

@TalebWisdom “You need to realize that the only thing a career academic can really teach you is how to be a career academic.” – Nassim Nicholas Taleb #books Permalink 2:45 AM – 29 Jan 2020

@TalebWisdom “If you reject unfounded blame, you must also reject unjustified praise.” – Nassim Taleb Permalink 5:40 PM – 28 Jan 2020

@nntaleb Karl Sharro @KarlreMarks plagiarizing again? pic.twitter.com/7bm9NjRgM4 Permalink 11:43 AM – 28 Jan 2020

@nntalebbot “The curious mind embraces science; the gifted and sensitive, the arts; the practical, business; the leftover becomes an economist” – @nntaleb Permalink 10:30 AM – 28 Jan 2020

@GCsVentures Worry about journalists, politicians (and doctors!) not understanding the necessary precautionary principle. Dangerous idiots, literally playing with your lives. Read @nntaleb, @normonics and @yaneerbaryam. https://academia.edu/41743064/Systemic_Risk_of_Pandemic_via_Novel_Pathogens_-_Coronavirus_A_Note   https://twitter.com/BuzzFeedScience/status/1222215240756158466   ” target=”_blank”>http://pic.twitter.com/JVO6bfbrNK”>  pic.twitter.com/JVO6bfbrNK Permalink 10:28 AM – 28 Jan 2020

@nntaleb The cental rule in life is that it is much, much better to panic early than late. Permalink 8:45 AM – 28 Jan 2020

@nntaleb So an Egyptian (Hamitic) writes to a Hittite (Indo-European) in a Semitic Language (Accadian) or am I mistaken? cc:@Safaitic https://twitter.com/mynemosyne54/status/1221892174146670592   Permalink 4:21 AM – 28 Jan 2020

@normonics Dean of Medicine at the University of Hong Kong gets it. – we must apply the precautionary principle – we don’t predict, we prepare – we must stop it at the scale of macroscopic mobility patterns @nntaleb @yaneerbaryam an ally https://twitter.com/athemtarwp/status/1221925524647247872   Permalink 8:40 PM – 27 Jan 2020

@maiamajumder I’ve seen a few tweets recently about how R_0 is the mean of a distribution (via @nntaleb) and how its dispersion is important to understand (via @DFisman & @C_Althaus). This is very true (for #nCoV2019 & otherwise), and it’s why I posted this graphic last week. [THREAD] 1/x https://twitter.com/maiamajumder/status/1220802808976486406   Permalink 12:42 PM – 27 Jan 2020

@nntaleb One possible approach pic.twitter.com/6LHi3RW7tx Permalink 12:29 PM – 27 Jan 2020

@nntaleb Exercise du Jour (Note: Correct Quote is “Easier to buy and sell than fry an egg”.) pic.twitter.com/N1PCEp6QSf Permalink 12:00 PM – 27 Jan 2020

@nntaleb FORT LAUDERDALE AIRPORT INFORMATION BOOTH Me: “are there comfortable trains from here to Miami?” Answer (by Information official): “Why don’t you use Google?” Me: “Aren’t you an information desk?” Answer: “Aren’t you able to use Google?” Permalink 11:35 AM – 27 Jan 2020

@JohnCleese The Master and his Emissary by Iain McGilchrist ( for the second time ) and Skin in the Game by Nassim Nicholas Taleb There wasn’t much space for colouring, but I must admit they both coloured my thinking May I recommend ” An Idiots’s Guide to Punctuation ” ? https://twitter.com/DanoFretman/status/1221868424529231872   Permalink 11:22 AM – 27 Jan 2020

@nntaleb No worries, it is added to the list https://www.fooledbyrandomness.com/dobelli.htm   Nigel Warburton, a despicable man, does not have the ethics to remove it. Permalink 10:15 AM – 27 Jan 2020

@rperezmarco For sure all the mediterraneans we have more in common than any culture from the inland, and a main characteristic is cosmopolitanism. Makes more sense to me a Mediterranean Union than EU, although I think we are too anarchists for that Permalink 8:01 AM – 27 Jan 2020

@TalebWisdom “France took Algeria, hoping for a country to eat cassoulet and instead France is now eating couscous.” – @nntaleb Permalink 5:37 AM – 27 Jan 2020

@nntaleb 4) Funny translation of his song “Le Meteque”, “Juif errant, et pâtre grec ” sung in Hebrew by Yossi Banai. https://www.youtube.com/watch?v=QBK3t_AZceQ   Permalink 5:10 AM – 27 Jan 2020

@nntaleb 3) He was called “Monsieur 1 volt” (contrast w/Becaud’s 100,000 volts”) because of his sterotypical Mediterranean nonchalance. But he was productive without showing it, by spezzatura. Like all cosmopolitan Meds he was a pacifist. He loved Beirut & would have lived there except.. Permalink 5:09 AM – 27 Jan 2020

@nntaleb 2) He started by writing poetry in French. Like all Trans-Meds, he self identified as Greek though did not speak the language naturally. The Romaniotes are a very small true Greek community: even more Meds than Greco-Phoenicians & Greco-Syrians. pic.twitter.com/2fwNkGUcoX Permalink 5:01 AM – 27 Jan 2020

@nntaleb COSMOPOLITAN MEDITERRANEISM 1) The modern person who represents modern trans-nation-state Mediterraneism is Georges Moustaki. He was Alexandrian, from a Greek-Jewish Romaniote family (on that, next) (father’s name Nessim), spoke Italian at home, French educated; ended in Paris. pic.twitter.com/Np0n4q6Nq3 Permalink 4:58 AM – 27 Jan 2020

@nntaleb The number of people infected is a random variable with huge dispersion; hard to measure and subjected to downward biases in measurement. Permalink 4:46 AM – 27 Jan 2020

@nntaleb Why R_0 should NEVER be discussed by journos. It is a distributional concept, not a metric like the height of a child! pic.twitter.com/x3FHKpICvD Permalink 4:33 AM – 27 Jan 2020

@nntaleb An explanation of why K_0 is biased big time; miscomputed via moment estimators. pic.twitter.com/jwttJKSStn Permalink 3:30 PM – 26 Jan 2020

@nntaleb Another ignorant journalist dealing with risk matters. Irresponsible. https://twitter.com/ferrisjabr/status/1220969972215631872?s=21   https://twitter.com/ferrisjabr/status/1220969972215631872   Permalink 12:31 PM – 26 Jan 2020

@nntaleb As predicted https://twitter.com/ncov19/status/1221507196070002689?s=21   https://twitter.com/ncov19/status/1221507196070002689   Permalink 12:18 PM – 26 Jan 2020

@nntaleb No. It ia irresponsible and immoral to pay the Eurobond. #Lebanon https://twitter.com/dan_azzi/status/1221521937651982336   Permalink 12:00 PM – 26 Jan 2020

@nntaleb Fooled by Randomness 101: did they factor in that healthy and energetic people are more likely to go to museums? https://nyti.ms/2tDdRoo   Permalink 10:30 AM – 26 Jan 2020

@nntaleb HOW TO REACT TO PANDEMICS can be dowloaded belo @normonics, @yaneerbaryam #ChinaCoronaVirus #China https://academia.edu/41743064/Systemic_Risk_of_Pandemic_via_Novel_Pathogens_-_Coronavirus_A_Note   ” target=”_blank”>http://pic.twitter.com/WH79rULG9d”>  pic.twitter.com/WH79rULG9d Permalink 9:33 AM – 26 Jan 2020

@Tejlgaard I live 500km from Wuhan. Your analysis is not just correct; I used your principles from the Incerto to stock up in time on nonperishable food for 3 months. I did so before everybody else even thought about it. Now, no non-perishable food remains in most shops. Permalink 8:30 AM – 26 Jan 2020

@nntaleb My point of crying wolf during the Ebola episode. https://www.youtube.com/watch?v=9dKiLclupUM   Permalink 8:30 AM – 26 Jan 2020

@nntaleb Almost all of psychology texts (on psych of risk) miss the point. https://twitter.com/GuruAnaerobic/status/1221468544082284547?s=20   Permalink 8:27 AM – 26 Jan 2020

@nntaleb “To become a philosopher king, start with being a king, not being a philosopher.” Skin in the Game https://twitter.com/VergilDen/status/1221102799636848640   Permalink 8:20 AM – 26 Jan 2020

@nntaleb 1) The point is that you can be wrong a zillion times; doesn’t matter if all it takes is once to hit extinction. 2) It’s remarkable how pple who learn statistics become dangerously stupid, like this “professor” @AlexColangelo Car accidents are thin-tailed, never multiplicative pic.twitter.com/P3z8qdJHvQ Permalink 8:14 AM – 26 Jan 2020

@AEiddddddd pic.twitter.com/g3u9J970mc Permalink 7:05 AM – 26 Jan 2020

@nntaleb A reminder of the type of arguments that will cause humanity to go extinct. Systematically blocked. pic.twitter.com/6HU00tHCTU Permalink 6:26 AM – 26 Jan 2020

@nntaleb The problem with the China #Coronavirus: Fat Tails and Naive Empiricism a la Cass Sunstein/S Pinker. #RWRI pic.twitter.com/QWVXLtTxVp Permalink 4:32 AM – 26 Jan 2020

@nntaleb The journo is an irresponsible imbecile. My talk in Cyprus: without extreme paranoia, we can’t survive. #ergodicity requires ignoring costs-benefits in the presence of ruin problems. https://nypost.com/2020/01/23/dont-buy-the-media-hype-over-the-new-china-virus/?utm_source=twitter_sitebuttons&utm_medium=site%20buttons&utm_campaign=site%20buttons   via @nypost Permalink 2:59 AM – 26 Jan 2020

@nntaleb Because, connectivity and tails. WHO are rent seeking idiots. https://twitter.com/normonics/status/1221214284379828224   Permalink 3:48 PM – 25 Jan 2020

@yaneerbaryam When we warned on Ebola people said quarantine was impossible. At least in China urban scale quarantine is seen as an essential way to combat pandemics. We need effective policy — and not wait for global catastrophe to teach us. https://necsi.edu/ending-pandemics   @nntaleb Permalink 3:07 PM – 25 Jan 2020

@nntaleb Why your body learns disproportionally from tail events. https://medium.com/@nntaleb/strength-training-is-learning-from-tail-events-7aa2c074569d   https://twitter.com/hugowiz/status/1221105195427348480   Permalink 11:43 AM – 25 Jan 2020

@TalebWisdom “A GOLDEN RULE in ETHICS Take a moment to figure out whether you’d rather be praiseworthy but not praised, or praised but not praiseworthy.” – Nassim Nicholas Taleb #ethics Permalink 8:46 AM – 25 Jan 2020

@hugowiz «All you need to learn are the safety skills to move off the floor at your maximum while avoiding injury. Lindy again: weight lifters have known the phenomenology for at least two and a half millennia.» Skin in the game @nntaleb @AllenLaneBooks pic.twitter.com/dGrDx9f98F Permalink 8:19 AM – 25 Jan 2020

@nntaleb 2) Note: while we know the R_0 of the Flu, we don’t know that of WuFlu. Because it is an average, its small sample properties make it biased downward in measurements. Permalink 7:46 AM – 25 Jan 2020

@nntaleb Sopistry Alert: She is not a public servant. She cannot plunder coffers and or have friends do do. Gebran is a public servant. #BSbustingDuJour https://twitter.com/jamalfayad/status/1220765565398212615   Permalink 5:10 AM – 25 Jan 2020

@nntaleb Interestingly the only pple who talk about “scientific consensus” (aside from GMO shills like @mark_lynas) are journalists, schoolteachers,& other destroyers of science. Science is a rigorous process against consensus, questioning consensus, & debunking consensus. https://twitter.com/thackerpd/status/1221046559074217984   Permalink 4:34 AM – 25 Jan 2020

@TalebWisdom “A book is something that can be read ten years after publication. A real book, twenty. Otherwise it is a magazine report with bookbinding.” – Nassim Taleb Permalink 4:09 AM – 25 Jan 2020

@nntaleb The fellow is correcting Pinker-style naive empiricism & bogus “rationality”/”realism” (of the type peddled by psychologists). For some things paranoia is necessary for survival. The reproductive factor maps to fat-tailedness. Note: the mortality rate shd increase over time. https://twitter.com/DaveHarig/status/1220839482544590849   Permalink 3:24 AM – 25 Jan 2020

@nntaleb This is the kind of thing that makes me … https://twitter.com/designboom/status/1220833662272491528   Permalink 3:18 PM – 24 Jan 2020

@nntaleb Much more elegant pic.twitter.com/MkCmkSR8yB Permalink 2:42 PM – 24 Jan 2020

@nntaleb This is easier; doesn’t go through offsetting log of negatives. pic.twitter.com/F02qeLoQjv Permalink 2:16 PM – 24 Jan 2020

@nntaleb The sucker problem is to answer lim=1. pic.twitter.com/y6yKSq8ehp Permalink 2:04 PM – 24 Jan 2020

@nntaleb Friday distraction with a small sucker problem. pic.twitter.com/9as4dANTOW Permalink 1:24 PM – 24 Jan 2020

@nntaleb My idea of rationality: ergodicity & survival under true distributions. https://medium.com/incerto/how-to-be-rational-about-rationality-432e96dd4d1a   Permalink 12:50 PM – 24 Jan 2020

@nntaleb New Harvard Course: “Pseudo-Empiricism” or “Scientism 101” https://twitter.com/sapinker/status/1220784778254770176   Permalink 11:20 AM – 24 Jan 2020

@sergesapiens Mnunchin is a lost cause. At least Greta gets fat tail risk of messing up with nature. ⁦@GretaThunberg⁩ , I recommend you attend #RWRI, read ⁦@nntaleb⁩ and learn about complex systems, via negativa & fractal localism. More effective than WEF! https://www.bbc.co.uk/news/business-51219530   Permalink 10:07 AM – 24 Jan 2020

@nntaleb عذر أقبح من ذنب Permalink 2:34 AM – 24 Jan 2020

@TalebWisdom “When a principle is strong and (you feel) imperative, everything you do to justify it or rationalize it makes it weaker. Everything.” – Nassim Nicholas Taleb Permalink 1:07 AM – 24 Jan 2020

@SaranshGNY This is good coming from Taleb because many radical nationalist movements around the globe misinterpret his ideas and consider him the intellectual patron saint of their cause. https://twitter.com/nntaleb/status/1220417092819857408   Permalink 11:33 PM – 23 Jan 2020

@nntaleb Maybe overkill… pic.twitter.com/48FfKKCFGB Permalink 3:19 PM – 23 Jan 2020

@nntaleb pic.twitter.com/tXnUvPFk9R Permalink 2:30 PM – 23 Jan 2020

@nntaleb Now @sapinker will tell us that it is “irrational” to worry about it because there is “evidence” that more people die falling from ladders. #PseudoEmpiricism #NaiveEmpiricism https://twitter.com/WellmanAlex/status/1220044510287269889   Permalink 11:25 AM – 22 Jan 2020

@TulsiGabbard For years, @ggreenwald has exposed abuses at the highest levels of government and his investigative journalism deserves our support. If we allow the powerful to silence such journalists, our democracy and freedom is in peril. #StandWithGreenwald Permalink 9:53 AM – 22 Jan 2020

@nntaleb Rest in Peace, Terry Jones. Permalink 7:35 AM – 22 Jan 2020

@DollarBillBall “If assholes don’t find you arrogant, you are doing something wrong.” – Nassim Nicholas Taleb Permalink 7:14 AM – 22 Jan 2020

@nntaleb The key is to have a PDF of Abram & Steg. at all times, in all places. pic.twitter.com/wiCxXtiVIv Permalink 7:07 AM – 22 Jan 2020

@nntaleb Workout du jour. (Plane ride) pic.twitter.com/tPxFexOcAW Permalink 6:44 AM – 22 Jan 2020

@TalebWisdom “It is a sign of weakness to avoid showing signs of weakness.” – @nntaleb Permalink 3:39 AM – 22 Jan 2020

@nntaleb A clear thread in the Tesla problem. https://twitter.com/tedstein/status/1219406746868953088   Permalink 3:58 PM – 21 Jan 2020

@nntaleb A person who can get public attention must never fight vendors who screwed them out of a sense of privilege; only out of obligation. https://twitter.com/piehead9/status/1219747489147969537   Permalink 3:42 PM – 21 Jan 2020

@nntaleb Lecktshuring birds how to fly? https://twitter.com/RogerPielkeJr/status/1219727714568916993   Permalink 3:10 PM – 21 Jan 2020

@nntaleb There is nothing more exhilarating than lifting something extremely heavy over your head. It requires maximal concentration. You lift with your neural system. Beats deadlifing. https://twitter.com/GrantSSC/status/1219360661920264193   Permalink 1:58 PM – 21 Jan 2020

@nntaleb Bureaucrats, I was told, find my lectures very painful. https://twitter.com/ThornCharmer/status/1219710962011385856   Permalink 12:52 PM – 21 Jan 2020

@nntaleb Now that I am safely away I can say No. They are equal. No winner. https://twitter.com/spyrosmakrid/status/1219691427220901889   Permalink 11:14 AM – 21 Jan 2020

@nntaleb Yes I am still losing weight. https://twitter.com/unic_eng/status/1219654660514107392   Permalink 9:16 AM – 21 Jan 2020

@black_swan_man #blackswanman #theblackswanman #extremedeadlifting @mises #MiloofCroton pic.twitter.com/SoyGWCcbnc Permalink 7:08 AM – 21 Jan 2020

@nntaleb Eastern Mediterranean Cosmopolitanism, open-minded, multicultural, tolerant and localist, preceded Arabist Fascism, Arabist Monocultural Nationalism, Arabist intolerance and Westernphobia. #Localism #BringLebanonBackToTheMed #Cyprus Permalink 5:57 AM – 21 Jan 2020

@MarinaStavrou9 Same with people… https://twitter.com/RealEmirHan/status/1219193479009574913   Permalink 2:10 AM – 21 Jan 2020

@nntaleb I did not *really* concede that it was tastier than the Beiruti one! I was being polite to my hosts! Meanwhile proud to be present at the inauguration of the “Makridakis Center for BS Busting in Forecasting”, MCBBF, more politely called the “Makr Open Forecasting Center” MOFC https://twitter.com/spyrosmakrid/status/1219547062146084864   Permalink 1:15 AM – 21 Jan 2020

@nntaleb Traditionally, Greco-Phoenicians & Greco-Syrians had a Greek/Graeco-Roman & a Semitic name. Taleb = “Philologos”, scholar. pic.twitter.com/CmBYfugxUm Permalink 2:18 PM – 20 Jan 2020

@nntaleb Lefkosia, the competition between Lebanese and Cypriot squid ink. ⁦@spyrosmakrid⁩ pic.twitter.com/Jaf601lvsm Permalink 11:26 AM – 20 Jan 2020

@nntaleb An apology is (almost always) an expression of submission. https://twitter.com/nntaleb/status/1219231958875570177   Permalink 4:31 AM – 20 Jan 2020

@nntaleb There are two types of apologies. One by people relieving their conscience. The other is by those who are caught. Never trust those who apologize after being caught. Permalink 4:15 AM – 20 Jan 2020

@nntaleb Same effect (and more efficient) then to source from Turkey rather than either locally or from some place w/ a strong currency, no @EHSANI22 ? https://twitter.com/ehsani22/status/1219217093675114496   Permalink 4:10 AM – 20 Jan 2020

@nntaleb I mean what is the origin; even in Heb it is quadri גִלגוּל Permalink 2:49 AM – 20 Jan 2020

@nntaleb pic.twitter.com/51E6R4PwSX Permalink 1:07 AM – 20 Jan 2020

@nntaleb SEMITIC PHILOLOGY DU JOUR Friends, what is the root of the quadri تدحرج ? Permalink 12:48 AM – 20 Jan 2020

@nntaleb Always think “meta” https://twitter.com/LoveAcid/status/1219080627045224449   Permalink 12:43 AM – 20 Jan 2020

@nntaleb “Nudging” by that ignorant @R_Thaler https://twitter.com/justinowings/status/1219059978121560064   Permalink 12:38 AM – 20 Jan 2020

@nntaleb Is ay7uko from the E. Aramaic ayko? pic.twitter.com/YN0fva1UfL Permalink 10:16 PM – 19 Jan 2020

@TalebWisdom “Free markets eventually lead to free speech. Censorship by social media not compatible w/ free enterprise! Markets => Ideas, not reverse. ” – Nassim Nicholas Taleb #markets Permalink 1:04 PM – 19 Jan 2020

@nntaleb Summary if discussion with Dan Azzi. 1) An explicit haircut reduces uncertainty. People are frozen; yuuge anxiety. 2) It is much much easier to scam atheists than religious people. The mind does not like a vacuum. Permalink 8:15 AM – 19 Jan 2020

@nntaleb A7uka visibly is only understood in the Koura valley. Permalink 3:32 AM – 19 Jan 2020

@nntaleb SemiticPhilological Mysteries du Jour “He/it is (here)” Innahu (huna) انه هنا (Arabic), Hebrew הוא כאן Now where are these from? la7uwwé (hon) (Beirut) sha77hu (hown) (Keserwan) a7uka (hawwn) (North Lebanon) The a7uka is pretty strange. Permalink 2:21 AM – 19 Jan 2020

@bounassif_rabih @nntaleb @businessinsider they do not mention the fact that you refused the refund without fair treatment to all other customers. https://www.businessinsider.com/elon-musk-says-hell-help-tesla-customer-accidentally-spent-4333-2020-1   Permalink 11:33 PM – 18 Jan 2020

@nntaleb The worse problem is that probability uncertainty creates fat tails REGARDLESS of the environment https://arxiv.org/pdf/1912.00277.pdf   ” target=”_blank”>http://pic.twitter.com/O2jtxxZLCj”>  pic.twitter.com/O2jtxxZLCj Permalink 5:34 PM – 18 Jan 2020

@nntaleb I mean IN ADDITION to ergodicity there is the substitution of integrals when translated from artificial constructs into real life. The error is explicitly made by nudgeboy Thaler and Phil the rat Tetlock https://arxiv.org/pdf/1907.11162.pdf   ” target=”_blank”>http://pic.twitter.com/4zx3JyfAvY”>  pic.twitter.com/4zx3JyfAvY Permalink 5:25 PM – 18 Jan 2020

@nntaleb The main problem is that there is no such thing as explicit bets with known probabilities in real life. Only in shit papers like @R_Thaler read by ignorant psychologists. https://arxiv.org/pdf/1907.11162.pdf   ” target=”_blank”>http://pic.twitter.com/WW3qwcRV6g”>  pic.twitter.com/WW3qwcRV6g Permalink 5:22 PM – 18 Jan 2020

@nntaleb Watch the thread where nudgeboy @R_Thaler w/a “Nobel” is being taken to shreds by probabilists & quants. His Mickey Mouse™ framework cannot handle dynamics, time, hence he can’t get #ergodicity. Behavioral Economics is dead. I mean, dead. https://twitter.com/HarryDCrane/status/1218356464034689024   Permalink 4:14 PM – 18 Jan 2020

@nntaleb 3) One TV intervention per decade, so far. My summary and solutions are here, with the TV lecture at USJ. I explained and introduced the notion of “Ponzi” & the train left the station. My summary is here https://www.youtube.com/watch?v=53uW9Xd_JRU   Permalink 4:01 PM – 18 Jan 2020

@nntaleb 2) It is just that I am not interested in TV crap/conferences to minimize noise. Nor am I interested in selfies with rioters. #Lebanon #لبنان__ينتفض Permalink 3:55 PM – 18 Jan 2020

@nntaleb I can understand pple blaming me for not being in Lebanon during these difficult times… …except that I am in Lebanon. Indeed we should blame the diaspora pundits for lecturing & bullshitting w/o coming to show their face #skininthegame. I’ve been coming back every 3-4 w. Permalink 3:48 PM – 18 Jan 2020

@nntaleb This is how one can skip the limit by the summation/integral inequality pic.twitter.com/kIyVyAgb1F Permalink 3:15 PM – 18 Jan 2020

@nntaleb Typo. I am integrating from 0^n not 1^n pic.twitter.com/jAeyKDAuIB Permalink 3:02 PM – 18 Jan 2020

@nntaleb Here is my solution. There is an alternative by @hvairinhos pic.twitter.com/bYj1c1sAb7 Permalink 2:57 PM – 18 Jan 2020

@TalebWisdom “Never allow unsollicited advice from friends. Every time someone gave me a “friendly advice” on 1) writing style, 2) trading strategy, 3) How I should not be weightlifting, 4) Why I shd be nice to Monsanto, etc., I’m glad I did opposite. Be stubborn.” – Nassim Nicholas Taleb Permalink 2:42 PM – 18 Jan 2020

@mikeandallie 2/3 if you follow @nntaleb ‘s writing, you’ll probably find this paragraph in the story to be particularly interesting: pic.twitter.com/WV2aSUIo33 Permalink 6:13 AM – 18 Jan 2020

@nntaleb #localism From a #RWRI alumni https://twitter.com/diomavro/status/1218219039706710018   Permalink 2:57 AM – 18 Jan 2020

@nntaleb This is a very, very, very unfair competition. Even if the squid comes from the same waters. https://twitter.com/spyrosmakrid/status/1218428997224292352   Permalink 2:55 AM – 18 Jan 2020

@nntaleb Math du Jour: a tricky limit pic.twitter.com/DDyu6Ci91T Permalink 1:18 AM – 18 Jan 2020

@nntaleb When I say @R_Thaler is the outlier fellow who got very, very far in life knowing nothing about probability. https://twitter.com/JamesMarsh79/status/1218391685274750979   Permalink 12:16 AM – 18 Jan 2020

@TalebWisdom “Just as “political science” doesn’t have any science, “think tanks” are for people who don’t and can’t think.” – Nassim Nicholas Taleb Permalink 8:47 PM – 17 Jan 2020

@_barrelrider @nntaleb Evidence they say. https://www.wsj.com/articles/98-6-degrees-fahrenheit-isnt-the-average-any-more-11579257001   Permalink 4:11 PM – 17 Jan 2020

@calanmcdonald Thanks for escalating this @nntaleb. Same issue happened to me. Put phone in pocket, in 2 minutes got charged $13k for upgrades. That was Dec 28th. Local Tesla service center in Agoura has been fantastic in getting back to me with updates, but they seem stuck w/ Tesla Fremont. Permalink 4:07 PM – 17 Jan 2020

@NonMeek Today’s #Offshorecomic. “Volatility is good, risk is not.” | “Only the hyper-paranoid survive.” | nailing 2 #RWRI -lessons with one strip | @nntaleb & Co. For more visit https://buff.ly/2FtBAIE   For my books https://buff.ly/32k8OVz   ” target=”_blank”>http://pic.twitter.com/MBWYCjq6d6″>  pic.twitter.com/MBWYCjq6d6 Permalink 9:35 AM – 17 Jan 2020

@nntaleb Tinkering: fresh squid ink broth pic.twitter.com/2T49rdoyd0 Permalink 5:19 AM – 17 Jan 2020

@nntaleb Being rich is great for the wise (optionality), but a curse for the suckers as people prey on them & hijack their preferences. https://medium.com/incerto/only-the-rich-are-poisoned-the-preference-of-others-c35ddf65cf68   Permalink 5:13 AM – 17 Jan 2020

@nntaleb It is incredible how many problems money can create. https://twitter.com/PaulSkallas/status/1217920978723975189   Permalink 4:55 PM – 16 Jan 2020

@nntaleb How your ideas become #Lindy https://twitter.com/philosophytweet/status/1217830140039790592   Permalink 7:57 AM – 16 Jan 2020

@nntaleb https://twitter.com/ingogun/status/1217825162139226113?s=20   Permalink 7:55 AM – 16 Jan 2020

@henrizaq Xaɕiiɕet le xruuf e rrekmė Ḍ Ṣ Ṭ hii mec bel xarf, bel masnad elli baɔd el xarf @lebaneselingui1 le mɔallem Rojėė ɕelu diraasė mfaṣṣlė ɔan hayda l mawḍuuɔ W biyɕuul li biymayyez ط ܛ Ṭ ɔan T ܬ ت Huu l masnad yalli waraaha Metel Ta= تا ܬܐ W Tɑ= طا ܛܐ #ɕalef #leggetna Permalink 5:33 AM – 16 Jan 2020

@TalebWisdom “”Start by being warm, pleasant, & generous w/every person you meet; but if someone tries to exercise power over you, exercise power over him; & if he messes w/you, remember to keep messing w/him long after he has forgotten about it”. Silver Rule of Fat Tony in #SkinInTheGame” Permalink 4:26 AM – 16 Jan 2020

@nntaleb #Localism https://twitter.com/GuruAnaerobic/status/1217779770794151937   Permalink 4:16 AM – 16 Jan 2020

@nntaleb This UN imbecile wants to grant more powers to #RiadPonzi? https://twitter.com/UNJanKubis/status/1217354961329250305   Permalink 2:06 AM – 16 Jan 2020

@nntaleb A lot of pple think one has to be pro or anti-Tesla. Life is nuanced! I love my Tesla, but customer service is terrible. (Used to be great but degraded sharply over the past 2 y. When I bought the car they used to come to you for repairs. No more). https://twitter.com/nntaleb/status/1066322788657610752?s=20   Permalink 5:00 PM – 15 Jan 2020

@nntaleb Fi honik apologist la #RiadPonzi esmo الدكتور جواد خليل صالح المهن Fi 7ada bya3ref mino? Ma 3an lé2i bi Aachen. #lebanonprotests #لبنان_ينتفض pic.twitter.com/py8Jnl3Vhg Permalink 4:15 PM – 15 Jan 2020

@nntaleb Elon @elonmusk, your Customer Support at Tesla is even worse than I claimed last time. It is an insult to your customers. pic.twitter.com/3HZ2YSjigS Permalink 7:39 AM – 15 Jan 2020

@nntaleb pic.twitter.com/3VB7qrF4xF Permalink 4:35 AM – 15 Jan 2020

@nntaleb In other words, treating individuals as members of groups necessarily implies NO variance between individuals in that group. Permalink 4:23 AM – 15 Jan 2020

@nntaleb In PRINCIPIA POLITICA I state that it both unethical & unscientific to look at a person’s population traits rather his/her own –both a sampling problem & racism. Treat individuals as individuals not as a members of a group. pic.twitter.com/nE2eHvup5r Permalink 4:12 AM – 15 Jan 2020

@nntaleb “Caused by” of course here should be “may have been caused by” Permalink 3:26 AM – 15 Jan 2020

@nntaleb Connection to localism: small fires reduce connectivity. Permalink 2:43 AM – 15 Jan 2020

@nntaleb @black_swan_man pic.twitter.com/cxeE3224jv Permalink 2:40 AM – 15 Jan 2020

@nntaleb FOREST FIRES IN AUSTRALIA: Caused by irresponsible bureaucrats creating chaos by seeking stability. #Antifragile has sections on forest fires & ancestral heuristics (s.a. cultural burning) that “make no sense” to ignorant nudgeboys Sunstein & Thaler & scientistic bureaucrats. https://twitter.com/tompccs/status/1216755462265352193   ” target=”_blank”>http://pic.twitter.com/sYHYpm3Udh”>  pic.twitter.com/sYHYpm3Udh Permalink 9:41 PM – 14 Jan 2020

@TalebWisdom “As a general rule, most “regrets” after one is caught’s aren’t regrets about having committed the action, but regrets about having been caught. Apologies count only when they are spontaneous, coming out of deep principles. Otherwise they are just an expression of submission.” Permalink 9:08 PM – 14 Jan 2020

@nntaleb Definition Du Jour An intellectual is a designation for someone who, should she or he stopped writing, will never be read again. Permalink 4:34 PM – 14 Jan 2020

@nntaleb Beirut is an unusual place. Ads now target rioters. pic.twitter.com/VZCQUa8FWd Permalink 12:47 PM – 14 Jan 2020

@nntaleb Beirut squid ink. No rice, no pasta, just squid in its ink. The best. Everything is 100% local. pic.twitter.com/wGBp5ZeyHH Permalink 6:08 AM – 14 Jan 2020

@JeanMarcMjbr From the peculiarities of the Lebanese language Eng: Sunrise Fre: Lever du soleil Ar: شروق الشمس Ita: Levata del sole Lebanese: Tiiz d-daww Permalink 3:07 AM – 14 Jan 2020

@nntaleb 2) One of my summaries explaining how Phil-the-Rat Tetlock’s @ptetlock’s comments on forecasting, tails & GMOs are verbalisms, that is, BS. (From Book. Paper coming out soon in Int Journal of Forecasting.) pic.twitter.com/erjK2bFhNX Permalink 10:54 AM – 13 Jan 2020

@nntaleb OK, OK, people are figuring out how Nudgeboy Thaler et al. /Behavioral Econ is pseudoscience. https://www.bloomberg.com/news/articles/2020-01-13/behavioral-economics-latest-bias-seeing-bias-wherever-it-looks   Permalink 10:48 AM – 13 Jan 2020

@nntaleb How to get out of the credulity rut (regression discontinuity edition): Getting beyond whack-a-mole « Statistical Modeling, Causal Inference, and Social Science https://statmodeling.stat.columbia.edu/2020/01/13/how-to-get-out-of-the-credulity-rut-regression-discontinuity-edition-getting-beyond-whack-a-mole/#.Xhys4ec_otU.twitter   Permalink 9:46 AM – 13 Jan 2020

@tompccs “But local authorities have forbidden them from cultural burning when they’ve asked for permission.” Cultural practices, including religous ritual, are #antifragile @nntaleb https://www.bbc.co.uk/news/world-australia-51043828   Permalink 8:14 AM – 13 Jan 2020

@nntaleb BS BUSTING DU JOUR: Vernaculars are not لهجة, that is, a corrupted form of Classical Arabic, as is commonly taught in schools. @Safaitic https://www.academia.edu/38100372/Al-Jallad._A_Manual_of_the_Historical_Grammar_of_Arabic   ” target=”_blank”>http://pic.twitter.com/MlvOHALtSm”>  pic.twitter.com/MlvOHALtSm Permalink 7:36 AM – 13 Jan 2020

@nntaleb The only EMPIRICAL test is the real world, corrected for circularity (test takers get jobs). I looked at the data IQ-income. No real association outside clinical situations. https://twitter.com/nntaleb/status/1216722389112885248?s=20   Permalink 6:24 AM – 13 Jan 2020

@HarryDCrane The fallacy of the “open science” movement is its quest to standardize everything. What has happened with standardized testing is happening in science. Rewards those who can follow instructions – usually not people with highly original ideas. https://twitter.com/harrydcrane/status/1216487881864359936   Permalink 6:05 AM – 13 Jan 2020

@nntaleb Another point about IQ idiots. They think that “correlation” is an “empirical” result. CORRELATION IS NOT AN “EMPIRICAL RESULT”, but a math construct that is only informative under specific assumptions, not met with IQ. https://www.academia.edu/39797871/Common_Misapplications_and_Misinterpretations_of_Correlation_in_Social_Science_   Permalink 6:03 AM – 13 Jan 2020

@nntaleb 1) Actually the result is older. 2) This is not an IQ test, but IQ style standardization of performance. Point is that you can train (or the environment can train) people at producing such results in a non ecological way. 3) The deeper problem is that we DONT know future demands Permalink 5:47 AM – 13 Jan 2020

@nntaleb French philosophy textbooks misattribute it to Montaigne: “philosopher, c’est apprendre a mourir”, who himself (not really knowing Greek) misattributed to Cicero (Tota enim philosophorum vita, ut ait idem, commentatio mortis) (Standard textbook for bac. https://la-philosophie.com/philosopher-apprendre-mourir-montaigne  ) https://twitter.com/sentantiq/status/1216681798429741057   Permalink 5:16 AM – 13 Jan 2020

@nntaleb YUUGE RESULT OF 2019: a chimp beats humans at some kind of IQ style tests. It is not just IQ: this is the defeat of standardized testing, university admission, school evaluation. They select people good at *some* tests. https://twitter.com/ThornCharmer/status/1214110157900275713   Permalink 4:31 AM – 13 Jan 2020

@nntaleb Coach Rippetoe’s @CoachRippetoe minimum effective dose of training. Explains the difference between exercise and training. “Not the same ting”. https://startingstrength.com/article/the-minimum-effective-dose-of-training   Permalink 5:40 PM – 12 Jan 2020

@nntaleb In the hierarchy Erudite>>Philosopher (Analytic)> scholar>>academic>>”thinker”> “intellectual”>journalist (real type)>psycholophaster> BSVendor… Among the “conservatives”, Scruton was on top & there are few above BS vendor to replace him. Murray & Peterson are junk thought. Permalink 2:43 PM – 12 Jan 2020

@nntaleb Since Sir Roger’s interview trap, I’ve decided to record all my conversations with journalists. pic.twitter.com/2LkCGk6NSK Permalink 2:34 PM – 12 Jan 2020

@nntaleb The solution The generalization is still running pic.twitter.com/JRHXTKqvaW Permalink 2:10 PM – 12 Jan 2020

@nntaleb Something as trivial as standard deviation is misunderstood by users and statisticians. pic.twitter.com/5zlGXoSk8X Permalink 1:02 PM – 12 Jan 2020

@nntaleb Rest in Peace, Roger Scruton. Your memory and your work will be remembered. Ad vitam aeternam. Fiercely independent, he was one of the last thinkers who used their own head. Permalink 12:45 PM – 12 Jan 2020

@nntaleb Imperial Romans were still East Meds/Anatolians… Caesar looked like a barber in Damascus or the newly elected mayor in cental Anatolian village. https://twitter.com/TrimontiumTrust/status/1216083085198012416   Permalink 6:40 AM – 12 Jan 2020

@nntaleb To repeat from my previous thread on Empires’ business model: Regime change is NOT the reason empires intervene; rather to squash defiance & force submission. U.S. not asking for regime change in S. Arabia. It wanted one in Lybia, Syria. Defiance weakens the business model. pic.twitter.com/bY6bNQvE7N Permalink 4:52 AM – 12 Jan 2020

@nntaleb هيدا ضرب زكا. https://twitter.com/realDonaldTrump/status/1216114167108849665   Permalink 3:36 AM – 12 Jan 2020

@nntaleb In the past, I would have reacted more favorably towards/defended Iran. But I am waking up every day angry with the regime over the DIRECT killing/execution of >1500 Iranian & >300 Iraqi Shiite kids. Systematic Killing of protesters … I can’t bear. Permalink 12:37 PM – 11 Jan 2020

@TrimontiumTrust A breathtaking reconstruction of Julius Caesar taken from his bust in the Vatican Museums. See more on their Facebook page here https://www.facebook.com/606887369692297/videos/vb.606887369692297/2570394953205942/?type=2&theater   https://twitter.com/sUAtateslier/status/1215693850708185090   Permalink 11:42 AM – 11 Jan 2020

@nntaleb It is honorable to own one’s mistake; particularly one that carries tragic consequences. However, blaming another country for one’s mistake, in addition, is shoddy & an insult to the victims. It is like a drunk driver blaming the traffic light manufacturer for a fatal accident. https://twitter.com/JZarif/status/1215847283381755914   Permalink 11:31 AM – 11 Jan 2020

@nntaleb “In any profession, nine tenth of the people are clueless but work by situational imitation, narrow mimicry & semi-conscious role-playing.” Bed of Procrustes, 3rd Ed. https://twitter.com/HarryDCrane/status/1215819831351660544   Permalink 10:00 AM – 11 Jan 2020

@swerengensky HOW TO HANLDE AN EVALUATION FORM WHILE BEING REVIEWED BY YOUR BOSS. Source: a truly antifragile ‘The Black Swan’ by @nntaleb. Location: Mediterranean Sea. pic.twitter.com/o9Q4zzmAsz Permalink 9:14 AM – 11 Jan 2020

@nntaleb 2) Marx’s theory of alienation is correct: (Workers separated from the product) This applies to the chain: executives are punished by desk work & meetings, etc. for 60 hours a week, then forced to retire which is a death sentence. There is no life but the #artisanal life Permalink 7:05 AM – 11 Jan 2020

@nntaleb WHAT I LEARNED IN 2019 1)Modern publishing is not #Lindy (ugly books); we have the capability to make books ornate. 2) Authors can derive g. satisfaction writing WHILE typesetting. Much like painters & artisans. Division of labor kills the soul https://www.academia.edu/37221402/STATISTICAL_CONSEQUENCES_OF_FAT_TAILS_TECHNICAL_INCERTO_COLLECTION_   https://twitter.com/erik_kwakkel/status/1181962553628483584   ” target=”_blank”>http://pic.twitter.com/60EFWqkeGo”>  pic.twitter.com/60EFWqkeGo Permalink 6:34 AM – 11 Jan 2020

@nntaleb There was perhaps no Soleimani threat (at least nothing new). And there was no need for it. Trump borrowed an old Persian trick: put the head of a horse in the enemy’s bed. https://medium.com/incerto/facta-non-verba-how-to-own-your-enemies-ea79a34c9c49   Permalink 4:59 AM – 11 Jan 2020

@nntaleb 5) There was perhaps no Soleimani threat (at least nothing new) & no need for it to intervene. What Trump did was directly borrowed from an old Iranian trick: put an horse in the enemy’s bed. https://medium.com/incerto/facta-non-verba-how-to-own-your-enemies-ea79a34c9c49   Permalink 4:42 AM – 11 Jan 2020

@nntaleb DAVOS MEMORY: I called it the IAND (International Association of Name Droppers). 5 y ago, their head of communication @amonck tried to smear me, saying I didn’t mention Popper in The Black Swan (Popper is mentioned 53 times). They are even incompetent at smearing. https://twitter.com/nntaleb/status/1089160889503285253   Permalink 2:32 PM – 10 Jan 2020

@nntaleb This public shaming is the most effective use of the minority rule: ethics is highly asymmetric! https://medium.com/incerto/the-most-intolerant-wins-the-dictatorship-of-the-small-minority-3f1f83ce4e15   Permalink 10:51 AM – 10 Jan 2020

@nntaleb What makes it easy is that Lebanon is small (5 mil) and Beirut is about 1 mil. There is no Washington DC or Brasilia for politicians to hide. Permalink 10:36 AM – 10 Jan 2020

@nntaleb VERY EFFECTIVE STRATEGY IN #LebanonProtests Shame politicians & bureaucrats by booing them in restaurants & public places. It is yuuuugely effective. pic.twitter.com/iGPmzpVaaD Permalink 10:31 AM – 10 Jan 2020

@nntaleb MY LIST, 1 +Loeve, 2 vol +Karatzas & Shreve +Cover and Thomas, El of Inf Th +Embrechts et al (or De Haan and Fereira) on EVT +Gnedenko & Kolmogorov- Limits +Doob Stochastic Processes +Uchaikin & Zolotarev or Samorodinsky & Taqqu on Stable +Billingsley: Prob. & Measure Borel pic.twitter.com/VP4yHv7EvZ Permalink 10:25 AM – 10 Jan 2020

@polemitis Thrilled to have @nntaleb keynoting the launch of the MOFC on January 21st @UNIC_ENG. Open to the public, but please RSVP to mcompetitions@unic.ac.cy https://twitter.com/nntaleb/status/1215669836212133889   Permalink 8:29 AM – 10 Jan 2020

@nntaleb Jan 21, the official launch in Lefkosia (Nicosia) of the Makridakis Open Forecasting Center, MOFC (a.k.a. Makridakis BS debunker in forecasting MBSDF). Cypriot & Phoenician (white) wine, local squid ink. pic.twitter.com/72UTvMmx9e Permalink 8:20 AM – 10 Jan 2020

@chasechandler Hmm…Where have I heard this before? A paper from BCG – “Thinking Biologically” – reads like a summary of Antifragile or #RWRI lecture. @normonics @nntaleb pic.twitter.com/ioX4bu21SX Permalink 7:45 AM – 10 Jan 2020

@nntaleb 6) “Show me the man & I will find you the crime”. — Practically every executive & politician in Japan (& France) has as some side benefit been invited to stretch the law a little bit. Then “they” can use it when the person becomes bothersome. Gray areas become black or white. Permalink 7:36 AM – 10 Jan 2020

@nntaleb The fact is that Nissan lured Ghosn into coming to Japan; jumping bail for entrapment is fair game. And to see how vicious the system is: Nissan was the one doing surveillance on Ghosn when he was out on bail. Nissan, not the government. https://twitter.com/oztran/status/1215656273347112960?s=20   Permalink 7:30 AM – 10 Jan 2020

@nntaleb Negative forecasting via the #Lindy effect pic.twitter.com/Qcxszce6wN Permalink 8:05 AM – 9 Jan 2020

@nntaleb You can buy anyone. Well, almost. https://twitter.com/thackerpd/status/1215258903912550401   Permalink 5:23 AM – 9 Jan 2020

@nntaleb Friends, we have women scholarships open for #RWRI 13 http://www.realworldrisk.com   Permalink 4:21 AM – 9 Jan 2020

@JYuter Please remind me how the Jews fared under Communist Russia. https://twitter.com/jacobinmag/status/1214820785606610944   Permalink 2:36 AM – 9 Jan 2020

@yannispetro Modelling #Lindy as a stopping time. Thank you @nntaleb for the intuition! https://twitter.com/nntaleb/status/1215056089517035521   Permalink 5:20 PM – 8 Jan 2020

@nntaleb Bingo https://twitter.com/jeitoapp/status/1215066143519436801?s=20   Permalink 5:00 PM – 8 Jan 2020

@nntaleb I deny all involvement in the matter. I deny having ever tried to set him up. I deny, deny, deny. I am innocent. https://twitter.com/wolandov555/status/1215059700284149760?s=20   Permalink 4:46 PM – 8 Jan 2020

@nntaleb Among other things, the ONLY way to model #Lindy is via a stochastic process. It is probability, not statistics or, worse, “data science”. #ThingsToFinishIn2020 https://twitter.com/HarryDCrane/status/1215001345893253128   ” target=”_blank”>http://pic.twitter.com/paXcqOxQf7″>  pic.twitter.com/paXcqOxQf7 Permalink 3:42 PM – 8 Jan 2020

@nntaleb Someone got Krugman to *deny* he uses child pornography. https://twitter.com/paulkrugman/status/1214991222009409536   Permalink 2:39 PM – 8 Jan 2020

@HarryDCrane It’s a sad state of affairs that majority of Statistic Depts in US have no more than 1 probabilist on faculty. And many have 0. Many PhD programs don’t even teach probability or stochastic processes anymore. Meaning next generation doesn’t learn it, or they take in math Dept. Permalink 12:04 PM – 8 Jan 2020

@nntaleb Footnote 3: In his defense, Trump started by trying to “negotiate” with the Persian regime. They said no. Then he rapidly saw they have relatively ZERO military power & shd start making them aware of it. He thinks he can one day make them an offer they can’t refuse. Permalink 10:44 AM – 8 Jan 2020

@nntaleb Footnote 2: Neocons with Platonic ideas & Hilarist interventionists are just nerds (IYIs) who never had a real job in their lives. They can’t figure out the game but promote it; thus have been ideal operators for the Millitary Complex. Permalink 8:11 AM – 8 Jan 2020

@nntaleb Footnote 1: Hanibal left the Italian Peninsula because the Senate in Carthage cut him off, with the message: “We’re not in that business”. Carthage was too profitable from trade and agriculture to follow the millitaristic route. Permalink 6:42 AM – 8 Jan 2020

@nntaleb 4) Plus charge the Europeans for protection. Recall an Empire’s military must be self-financing. Or perhaps, exit that model (Rand Paul style noninterventionism, to which I subscribe) Permalink 6:38 AM – 8 Jan 2020

@nntaleb 3) Iraq War had little to do w/anything but model consistency: as w/the Judean rebellion, punish insubordination/defiance, reward economic submission. Clarity of mind: Trump figured out THAT business model (i) REQUIRES direct punishment of Iranian Regime, or (ii) change model Permalink 6:36 AM – 8 Jan 2020

@nntaleb 2) U.S. has a greater relative military capability in history. Makes no sense: (i) w/o exacting protection money (Europe pays little even indirect), (ii) w/defiant states. Empires’ model is to crush defiant states, plunder & parade Vercingetorix, Zenobia,… Saddam. Permalink 6:23 AM – 8 Jan 2020

@nntaleb Thread on US/IRAN 1) An empire (say Rome) is built on an army that is self financing. Military supremacy generates income. Division of Specialization: If you are money-making (say Phoenicians) then you don’t need an army, you just pay whoever runs that business for protection. Permalink 5:52 AM – 8 Jan 2020

@nntaleb Finally, some clarity in my life. Manti, Shish Borek (my favorite), Kinkhali, Pelmeni, etc. all come from the Chinese steamed/fried dumplings that made NY worth living. https://twitter.com/ykomska/status/1213908289899126785   Permalink 2:57 PM – 7 Jan 2020

@nntaleb I love my Tesla. But service, when you need it… Permalink 12:35 PM – 7 Jan 2020

@nntaleb Tesla, @elonmusk, has to work on its customer service & service centers. I mean, really work on it. Permalink 9:03 AM – 7 Jan 2020

@nntaleb What I am learning today is that unless the quote is fabricated, Einstein did not know about trial and error, or, for that matter, the problem of induction. https://twitter.com/gusskabbara/status/1214558489067966464   Permalink 7:13 AM – 7 Jan 2020

@nntaleb As you get richer, you can feel safer, & don’t give a f**ck of what people think (if you invest safely). As you get more *prominent*, get an academic or political position or some accolade (Nobel prize), you are much more vulnerable as you have much further to fall. Permalink 1:13 PM – 6 Jan 2020

@nntaleb HIGHLIGHTS OF 2019 (One more) https://twitter.com/nntaleb/status/1164138535919718400   Permalink 1:04 PM – 6 Jan 2020

@TalebWisdom “If you are trying to be liked by both the left and the right, you are a demagogue. If you don’t mind being hated by both, you are morally upright.” – Nassim Nicholas Taleb https://www.amazon.com/gp/product/198481981X/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=198481981X&linkCode=as2&tag=getwisertlb-20   Permalink 10:41 AM – 6 Jan 2020

@nntaleb Not a general rule; but remember there have been at least 2000 funerals in Iraq and Iran (all Shiites) of kids killed by the regime. Permalink 9:10 AM – 6 Jan 2020

@nntaleb Crowds are complex. The more they mourn your departure, the more they welcome new policies. As with Nasser’s funeral, they say goodbuy to both him and his policies. Le roi est mort vive le roi. https://twitter.com/tparsi/status/1214223199166222336   Permalink 8:51 AM – 6 Jan 2020

@black_swan_man Part 1 of 2 #blackswanman #theblackswanman @POTUS @realDonaldTrump #SantaClaus #rally #protection pic.twitter.com/uGYUvN2kGS Permalink 6:39 AM – 6 Jan 2020

@nntaleb The final version. pic.twitter.com/mGeZuP5xgH Permalink 6:30 AM – 6 Jan 2020

@nntaleb The clarity of mind of pundits, journalists and political commentators discussing the Soleimani affair. pic.twitter.com/957DPvWfOG Permalink 6:19 AM – 6 Jan 2020

@nntaleb Here is my treatment of standard deviation/variance as a bogus metric even in the Gaussian world when scaled back in terms of informmation. pic.twitter.com/pIZbPrd9wx Permalink 5:45 AM – 6 Jan 2020

@nntaleb (The original Latin expression was written by Ulpian in Berytus: Durum hoc est sed ita lex scripta est). Permalink 5:03 AM – 6 Jan 2020

@nntaleb CLASSICISM DUJOUR Friends, looking for an ancient expression ~ mafia’s philosophical “it is what it is” (in The Irishman). In Latin: “dura lex sed lex”, in French: “c’est la vie”, or the great Mutanabbi’s يشتهي البحر ما لا تشتهي السفن Theremustbebetterones cc:@ArmandDAngour pic.twitter.com/w3ksNb7WXC Permalink 4:44 AM – 6 Jan 2020

@infernoxv Merry Christmas to my friends on the right calendar! Քրիստոս Ծնաւ և Յայտնեցաւ! Χριστός Γεννάται! Христос Рождаєтьсѧ! Christus Natus Est! Hristos se Naşte! وُلِد المسـيحُ، فَمَـجِّدُوه (Armenian icon, 18th century Madonna with Child and the 12 Apostles). pic.twitter.com/oomfr85r8o Permalink 1:25 AM – 6 Jan 2020

@BrankoMilan “very few people are able to create systems of thought that go across multiple disciplines and display internal coherence.” This was my conclusion re. @nntaleb system. And regularly, perhaps once a month, somebody writes me about that. http://glineq.blogspot.com/2018/01/the-importance-of-talebs-system-from.html   Permalink 4:33 PM – 5 Jan 2020

@nntaleb 4) And the world is differentfromwhatitwasin 1979,1991,2004. Hypersonic missiles (the one that hit Soleimani) have compounded US military superiority via yuuuuge gains in precision. For Trump, very tempting to use. See the prophetic op-ed by @sns_1239 https://twitter.com/EHSANI22/status/1212921826440962048?s=20   Permalink 3:04 PM – 5 Jan 2020

@nntaleb 3) PROXY WARS: For instance you cannot believe how sick & tired the Lebanese are of Iran wanting to use Lebanon to fight Israel; why the fuck don’t they fight directly w/o putting the #skininthegame of other countries’ innocent civilians and NOT one’s own? That was 2 weeks ago pic.twitter.com/U0TK9UeQLl Permalink 2:39 PM – 5 Jan 2020

@nntaleb 2) I believe in FULL noninterventionism. But if two countries or regimes want to fuck with one another, they must do so directly and without involving bystanders. #Localism Permalink 2:09 PM – 5 Jan 2020

@nntaleb Basically the indirect, proxy wars between the US & Iran were both offensive to the victims (Syria, Lebanon, Yemen, etc.) & allowed this indirect hostility to carry on for 4 decades! By threatening to directly hit Iran, Trump, forbetterorworse, is making it simple: war or peace https://twitter.com/nntaleb/status/1213835292756643850   Permalink 1:40 PM – 5 Jan 2020

@nntaleb Meanwhile we are not getting into this riddle for the inequality, rather the beautiful properties of the integral of x^x and its mystery! @joe_shipman Permalink 9:18 AM – 5 Jan 2020

@nntaleb HIGHLIGHTS OF 2019 https://twitter.com/nntaleb/status/1112690030135398400   Permalink 8:04 AM – 5 Jan 2020

@nntaleb Can Trump’s unpredictability and randomness of reactions be an effective foreign policy? From Fooled by Randomness (INCERTO, vol 1). How injecting uncertainty in your decision making is a potent deterrent as others don’t know how you OVERREACT. pic.twitter.com/9zrF6YPxqw Permalink 6:51 AM – 5 Jan 2020

@sean_a_mcclure https://twitter.com/sean_a_mcclure/status/1211127151908442113   ” target=”_blank”>http://pic.twitter.com/aaVmNDf9Bv”>  pic.twitter.com/aaVmNDf9Bv Permalink 4:58 AM – 5 Jan 2020

@nntaleb Corrected pic.twitter.com/jE14Nuj8EN Permalink 2:32 PM – 4 Jan 2020

@nntaleb Shiism, much like Christianity, is based on martyrdom. Someone in Washington doesn’t get it. #Soleimani Permalink 12:18 PM – 3 Jan 2020

@nntaleb This is unfair to Naval as he limits stuff to his specialty. But basically, once a free person decides to act as a public judge he/she, should have no friends –just look at the world as a judge in a courthouse. Public “intellectuals” are usually propagandists. https://twitter.com/Jaffer22915438/status/1212527237003649024   Permalink 9:11 AM – 3 Jan 2020

@nntaleb I have no idea. Questions: what was Soleimani’s role in the repression of the Iraq riots? the Iran riots? I have no idea there as well. Thanks. https://twitter.com/HannesM1/status/1213078343287017475?s=20   Permalink 5:07 AM – 3 Jan 2020

@nntaleb It is a matter of scale, @MaxAbrahms: – In a localist system with distributed agents (s.a. Qaeda, ISIS), decapitation is not effective by definition since there is no HEAD. – In a centralized one, it’s only effective where policy depends on a HEAD. Imagine history w/o Bonaparte https://twitter.com/MaxAbrahms/status/1212930025273606145   Permalink 4:29 AM – 3 Jan 2020

@LTF_01 Truly a Roman among Greeks – @nntaleb https://twitter.com/neuroecology/status/1212420139578036225   Permalink 1:26 PM – 2 Jan 2020

@nntaleb 5) I don’t know Ghosn & never socialize with people who like panache, glitz, and play hotshots while being on a salary. I don’t like his style (philistinic). But I think he is a highly capable man, will defend his right to defend himself & I respect him for his escape. Gabish? Permalink 9:16 AM – 2 Jan 2020

@nntaleb 4) No, I m not claiming Carlos Ghosn is innocent. My point is that Japan (a country of systematic coverups & feudal alliances) is NOT the place for the trial of foreigners Actually Japan is not the place for any trial & Highest mob involvement in the “legit” economy in the world Permalink 5:45 AM – 2 Jan 2020

@TalebWisdom “There are three types of people. 1) Those who say eliminating mosquitoes is a great thing, book a trip to Alaska/Siberia. 2) Those who reflect, & look at second order effects, particularly when those exist: the cause of the Great Famine under Mao. 3) Those who get convexity.” Permalink 3:29 AM – 2 Jan 2020

@nntaleb 3) No, no, I am not related to Carlos Ghosn. My mother’s family name is Ghosn but different origin: Greek Orthodox from the Saliba branch (Stavros) while Carlos Ghosn is Maronite. Permalink 7:01 PM – 1 Jan 2020

@nntaleb 2) Remember that Ghosn’s arrest was a set-up by prosecutors and colluding Nissan people. It is fair to say “f**ck you” to you in return and enjoy nice fresh organic & Lebanese wine tabbouleh in Achrafieh (near my grandparents & parents house). Permalink 4:54 PM – 1 Jan 2020

@nntaleb So you are proud of your legal system that puts people in cages waiting for them to break down physically & emotionally? Whatever one can blame Ghosn for, I am proud of his escape and the way he say “f**k you” to you & your system. Bravo Carlos G. –and especially Carole! https://twitter.com/MasuzoeYoichi/status/1212343774879182848   Permalink 3:52 PM – 1 Jan 2020

@GuruAnaerobic Poll: Who are treated the worst? Permalink 3:34 PM – 1 Jan 2020

@nntaleb Curious events in 2019: Moscow airport, 10 religious Jews, thinking I was Persian, approached me in Farsi; wanted me to read Cyrillic for the gate for “Tehron” No English,No Russian Found myself speaking Hebrew w/Iranian Jews & took them to their gate Stange Iranian tolerance Permalink 2:10 PM – 1 Jan 2020

@nntaleb (cont) pic.twitter.com/PTR0tI4V3G Permalink 1:16 PM – 1 Jan 2020

@nntaleb Most productive Jan 1 ever: finished the Glossary. Explained the Pinker Problem (naive empiricism, confirmatory positivism or the inference of the imbecile). pic.twitter.com/zexlXtMxfC Permalink 1:16 PM – 1 Jan 2020

@nntaleb HIGHLIGHTS of 2019 https://twitter.com/nntaleb/status/991133488198897666   Permalink 10:59 AM – 1 Jan 2020

@nntaleb 2- The entire problem of Japan is that they specialized in perfecting what others invent, which can only take you so fat. Traders failure is not accepted; there is yuuuge number of traders who turn into Madoff after hiding a loss then do a hara kiri. https://twitter.com/RobRastapop/status/1212386078553853957?s=20   Permalink 10:37 AM – 1 Jan 2020

@BLebnene W hay riznemit l 2020 saarit jehze! Kill shaher fii matal Libnene 3anno, w suura min turaasna Llibnene, w akiid iyyem l esbuu3. Yalle bi7ebb yitba3a w ysherika ma3na! W yin3aad 3laykon w nshalla tkuun sinit kher 3al kill. Nbusto llayle w diiro belkon! https://drive.google.com/open?id=1E82yjOSx_2cmBZq58l1nDH8I4yNI4SRo   https://twitter.com/BLebnene/status/1211057051721437185   Permalink 6:55 AM – 31 Dec 2019

@nntaleb RACISM SYMPOSIUM — Friends, running Twitter symposia around topics in PRINCIPIA POLITICA. The comments will be integrated in the text. https://academia.edu/38433249/Principia_Politica   ” target=”_blank”>http://pic.twitter.com/xwDsu9ExHJ”>  pic.twitter.com/xwDsu9ExHJ Permalink 4:41 AM – 31 Dec 2019

@nntaleb Book being here https://fooledbyrandomness.com/dobelli.htm   Permalink 12:33 PM – 30 Dec 2019

@nntaleb So Mr Warburton @philosophybites you don’t feel dishonorable promoting a plagiarized book, after being made aware of it? https://twitter.com/philosophybites/status/1204215650635268096   Permalink 12:26 PM – 30 Dec 2019

@nntaleb This regression’s sole aim is to make IQ Eugenists and Quilettists look good. https://twitter.com/dlacalle_IA/status/1211682959994081280   Permalink 8:33 AM – 30 Dec 2019

@nntaleb strict Permalink 7:47 AM – 30 Dec 2019

@nntaleb In addition to SPURIOUS correlation from data insufficiency under fat tails, correlation requires strick linear relationship Y=a+b X. Otherwise uninformative. https://www.academia.edu/39797871/Common_Misapplications_and_Misinterpretations_of_Correlation_in_Social_Science_   Permalink 7:43 AM – 30 Dec 2019

@nntaleb HIGHLIGHTS OF 2019 My Lecture in Lebanese “From Ponzi to Localism” at the USJ, on Leb TV, during the riots. It angered, among others, #RiadPonzi and the bankers. https://www.youtube.com/watch?v=53uW9Xd_JRU&lc=UgyptrdHQVyeh_UIpvR4AaABAg   Permalink 6:10 AM – 30 Dec 2019

@nntaleb I wrote this in 2007: How can you tell a cultural philistine? At the Kulback-Leibler differential with the common culture. pic.twitter.com/H0qksdgcBM Permalink 12:49 PM – 29 Dec 2019

@nntaleb OK, OK, here are (some of) the books I enjoyed in 2019. pic.twitter.com/UqarbFAPJ6 Permalink 12:10 PM – 29 Dec 2019

@nntaleb Tell me what you don’t read, I will tell you who you are. Bed of Procrustes 3rd ed. https://twitter.com/john_f_hamer/status/1211329751715065861   Permalink 8:56 AM – 29 Dec 2019

@nntaleb Tell me what you read, I will tell you who you are! These are largely newspaper articles under bindings. The probability of any of these books surviving a decade (except perhaps Darlymple & Murakami) so tiny. Not #Lindy #ReadRealBooks https://twitter.com/BarackObama/status/1211033245812441091   Permalink 7:28 AM – 29 Dec 2019

@benkunz Remind me to never pick a fight with Nassim Nicholas Taleb. Here he knocks down the very premise of IQ tests, apropos of the NYT op-ed scandal. https://twitter.com/nntaleb/status/1211056571427540994   Permalink 7:02 AM – 29 Dec 2019

@TalebWisdom “You will never know if someone is an asshole until he becomes rich.” – @nntaleb Permalink 5:10 AM – 29 Dec 2019

@nntaleb HIGHLIGHTS OF 2019 https://twitter.com/nntaleb/status/1118272590416613376   Permalink 3:43 AM – 29 Dec 2019

@nntaleb HIGHLIGHTS OF 2019 https://twitter.com/nntaleb/status/1082063513961533440   Permalink 3:41 AM – 29 Dec 2019

@nntaleb One of the myths is that the “rich gets richer”. It is almost always different people who are getting richer, owing to rotation at the top. The richest 1% of 2019 are not quite the same as the richest 1% of 2009, etc. https://medium.com/incerto/inequality-and-skin-in-the-game-d8f00bc0cb46   #ergodicity https://twitter.com/fionncoll/status/1211234632508878854   Permalink 3:38 AM – 29 Dec 2019

@largbae Douma chemical weapons attack was staged… @nntaleb called this back when it happened, Assad sucks but he had no reason to undermine his own cause… So what was the real reason for the attack? https://twitter.com/wikileaks/status/1210564199161708545   Permalink 8:01 PM – 28 Dec 2019

@fexplosiong Thank you for this! pic.twitter.com/vT2qXKVNSf Permalink 3:42 PM – 28 Dec 2019

@nntaleb FORGOT A BIG HIGHLIGHT OF 2019 https://medium.com/incerto/iq-is-largely-a-pseudoscientific-swindle-f131c101ba39   Permalink 2:49 PM – 28 Dec 2019

@nntaleb Saar 3am yktob Gebran @Gebran_Bassil bil Lebnéné (Kn3ané) lght l balad. Bravo w mamnunin! #Localism https://twitter.com/Gebran_Bassil/status/1210866433959313408   Permalink 2:38 PM – 28 Dec 2019

@nntaleb This is going viral: I’ve written in the past 5 articles for the NYT under pressure from publisher. I hated the compromise. The optimal strategy is the #barbell: Twitter + Books (+math appendices) https://twitter.com/ByYourLogic/status/1210970412177330178   Permalink 11:30 AM – 28 Dec 2019

@nntaleb …which is why I insist that I’ve written only ONE single piece, a book (Incerto, 5 volumes) and its technical endnotes and appendix (Technical Incerto, TK so far 2 volumes, comprising papers). Permalink 8:52 AM – 28 Dec 2019

@nntaleb In #FooledByRandomness I explain an aspect of it: the more frequent the sampling the higher the noise. pic.twitter.com/czFwBbqrm8 Permalink 8:47 AM – 28 Dec 2019

@nntaleb The mechanism in #Antifragile: spurious correlations (and “results”) are convex to number of variables. pic.twitter.com/NlgPLPP2Un Permalink 8:40 AM – 28 Dec 2019

@nntaleb Recall that the more information you get, the more disproportionately higher the ratio of noise to signal. Say, a little bit of information, 50% noise; a lot, 99.9% noise. Likewise, in any field, the higher the number of academic publications the higher the ratio of garbage. Permalink 8:28 AM – 28 Dec 2019

@nntaleb pic.twitter.com/qUiEGYJ4a7 Permalink 6:24 AM – 28 Dec 2019

@nntaleb One more result for 2019″: What You See and What You Don’t See https://www.academia.edu/41450198/What_You_See_and_What_You_Dont_See_The_Hidden_Moments_of_a_Probability_Distribution   ” target=”_blank”>http://pic.twitter.com/AR4TP5iCt2″>  pic.twitter.com/AR4TP5iCt2 Permalink 5:25 AM – 28 Dec 2019

@nntaleb Among the best skills for real life: the ability to be bored early. Permalink 3:03 PM – 27 Dec 2019

@nntaleb HIGHLIGHTS OF 2019 https://twitter.com/black_swan_man/status/1180123451446743040   Permalink 10:51 AM – 27 Dec 2019

@nntaleb Last piece of research of 2019: PCA maps for genetics https://www.academia.edu/41442347/Informational_Rescaling_of_PCA_Maps_with_Application_to_Genetics   Permalink 10:47 AM – 27 Dec 2019

@MaxAbrahms The US attacked Syria for a chemical attack by Assad last year. But official #OPCW scientists who investigated the event didn’t find evidence the Syrian military used chemical weapons. The media has chosen to ignore this story & fire its own journalists who try to report on it. Permalink 8:03 AM – 27 Dec 2019

@nntaleb I have severe Bullshitphobia. I was told it was uncurable. https://twitter.com/JamesMarsh79/status/1210587390848458753   Permalink 7:48 AM – 27 Dec 2019

@nntaleb HIGHLIGHTS 2019 https://twitter.com/nntaleb/status/1183796584225619972   Permalink 5:43 AM – 27 Dec 2019

@nntaleb HIGHLIGHTS 2019 https://twitter.com/nntaleb/status/1175669049990275072   Permalink 5:42 AM – 27 Dec 2019

@nntaleb HIGHLIGHTS 2019 https://twitter.com/nntaleb/status/1166281708825645056   Permalink 5:42 AM – 27 Dec 2019

@nntaleb HIGHLIGHTS 2019 https://twitter.com/nntaleb/status/1163544326829412352   Permalink 5:42 AM – 27 Dec 2019

@nntaleb HIGHLIGHTS 2019 https://twitter.com/nntaleb/status/1160246858977095680   Permalink 5:42 AM – 27 Dec 2019

@nntaleb HIGHLIGHTS 2019 https://twitter.com/nntaleb/status/1170742156023275521   Permalink 5:41 AM – 27 Dec 2019

@nntaleb HIGHLIGHTS 2019 https://twitter.com/nntaleb/status/1180589233641181185   Permalink 5:41 AM – 27 Dec 2019

@nntaleb HIGHLIGHTS 2019 https://twitter.com/nntaleb/status/1172864041016090624   Permalink 5:40 AM – 27 Dec 2019

@nntaleb HIGHLIGHTS 2019 https://twitter.com/nntaleb/status/1180252513095897089   Permalink 5:39 AM – 27 Dec 2019

@nntaleb https://twitter.com/ErnestBoehm/status/1210254177479335938   Permalink 9:41 AM – 26 Dec 2019

@TalebWisdom “Psychologists use “IQ” to politely put people & entire races in boxes with the label “idiots”, and stick them there for a lifetime. They ruin people’s careers and potentials. Politely. I call psychologists (& IQ mountebanks) idiots to their face. Not politely.” – @nntaleb Permalink 9:34 AM – 26 Dec 2019

@nntaleb https://twitter.com/VergilDen/status/1210239645486919680?s=20   Permalink 8:54 AM – 26 Dec 2019

@henrizaq ɕeza baddaq Lebnėėn yṣiir yecbah Swiisra Ballec bel xarf. #ɕalef Permalink 8:25 AM – 26 Dec 2019

@nntaleb Preliminary result for entropy based genetic maps. Might change the way we view distances between population and rates of inbreeding. pic.twitter.com/R30uedJCP8 Permalink 6:55 AM – 26 Dec 2019

@nntaleb Edited pic.twitter.com/wO4bLMUMN1 Permalink 5:55 AM – 26 Dec 2019

@nntaleb pic.twitter.com/HpIDw9gK6Y Permalink 5:43 AM – 26 Dec 2019

@nntaleb Rule 1: The more you overreact w/some, the less you need to react w/others. As w/the IRS: increase the penalty & lower your audit rate. Rule 2: when a fraud fucks w/you, say @charlesmurray, @mpigliucci, @sapinker, @SamHarrisOrg or @Noahpinion, keep busting them for decades! Permalink 4:50 AM – 26 Dec 2019

@nntaleb https://twitter.com/GregorySMcMurry/status/1210160773634412545?s=20   Permalink 3:41 AM – 26 Dec 2019

@nntaleb If anyone tries to bully you, there is one and one way to react: ignore or overreact. By overreact I mean, really, overreact. https://twitter.com/john_f_hamer/status/1209869444626952192   Permalink 2:55 AM – 26 Dec 2019

@nntaleb Every Christmas I need to make the point that no, the Christ was not a … Since I wrote this piece we got overwhelming DNA evidence during 2019 that Southern Levantines had indistinguishable DNA from that of Imperial Romans. https://link.medium.com/5wC4Ie9QB2   Permalink 11:47 AM – 25 Dec 2019

@nntaleb And if he read the Torah by himself (possible but not likely): Hebrew was NOT spoken anymore. Like Latin in the 19th C. Permalink 11:25 AM – 25 Dec 2019

@nntaleb Coptic was never a lingua franca, Latin was only *spoken* in Beirut and Baalbeck (outside the legions) and he might have had a smattering of Greek which was limited to coastal/urban Phoenicia. Permalink 11:22 AM – 25 Dec 2019

@nntaleb He was the son of a carpenter. One thing I’ve learned over a long life: when someone knows French they make sure to make you aware of it. Permalink 11:15 AM – 25 Dec 2019

@nntaleb (Cont) plus the Galilean dialect. Permalink 11:09 AM – 25 Dec 2019

@nntaleb Only Aramaic https://twitter.com/astratelates/status/1209898634302517251   Permalink 11:08 AM – 25 Dec 2019

@nntaleb HEAVY TAILS 2019 pic.twitter.com/zIJH0vqR9G Permalink 9:29 AM – 25 Dec 2019

@nntaleb Messiah meant “anointed” (with holy oil). For Jesus Christ it was metaphoric, replaced by baptism. pic.twitter.com/gTdmN0Y93y Permalink 6:18 AM – 25 Dec 2019

@nntaleb BS vendors should be spared today. This is an appeal to members of the *probabilists BS busting Squad* & other #RWRI activists to refrain from exposing people owing to the spirit of the holidays. Permalink 6:13 AM – 25 Dec 2019

@nntaleb And in Semitic languages, the word Christ (Ms(h)7)משיח has the same root as ms7 “to wipe”, משחה, “ointment”, to surface/area (masaa7a مساحة)… https://twitter.com/JAJafri/status/1209418574248452096   Permalink 5:33 AM – 25 Dec 2019

@nntaleb Merry Christmas everyone! Χρόνια Πολλά! Permalink 2:59 AM – 25 Dec 2019

@nntaleb Variance is not a good measure of noise in a system. How it scales with entropy. pic.twitter.com/f2e1TFTIJx Permalink 1:26 AM – 25 Dec 2019

@AhsanDeliri Lessons of 2019: 1) Correlation isn’t close to what you think it actually is. 2) Most people don’t know statistics let alone probability. 3) It’s not that field is lacking earnest students. It’s that the field is taught wrong all around. 4) A second rate statistician is deadly Permalink 7:51 PM – 24 Dec 2019

@nntaleb The same with infinite expectations under Fat Tails! https://twitter.com/fermatslibrary/status/1209476628050587648   Permalink 2:35 PM – 24 Dec 2019

@nntaleb Dead people are very, very good at keeping secrets. https://twitter.com/NickKristof/status/1209108187741212672   Permalink 3:33 PM – 23 Dec 2019

@nntaleb 5) When people deny they “unconditional support” it means they “unconditionally support”. The Iranians killed ~1500 kids. Even if the number if off, it is immoral to stay silent, @snarwani, & even more immoral to blindly claim Western propaganda. pic.twitter.com/3d9yMBYdHo Permalink 3:31 PM – 23 Dec 2019

@Marwa_Laham And the good news is we have an Association of Small depositors ( All of us who have been venting about banks). Check it out and share it and RT it please. #كرمال_كلنا_نعيد https://forms.gle/FvZJoHLUSceiK2hC7   #لبنان_ينتفض #لبنان #إليسا ” target=”_blank”>http://pic.twitter.com/kiIFeB2FyY”>  pic.twitter.com/kiIFeB2FyY Permalink 9:13 AM – 23 Dec 2019

@nntaleb M5 is launched. https://twitter.com/spyrosmakrid/status/1209153609432211457   Permalink 8:54 AM – 23 Dec 2019

@nntaleb To clarify & answer comments: 1) Correlation is a measure for linear relationships, but it is nonlinear in its interpretation (and non additive). 2) A simple example of why correlation doesn’t work under nonlinearity, and why MI always works. pic.twitter.com/Rv3wXpOSJT Permalink 7:46 AM – 23 Dec 2019

@nntaleb SITG https://twitter.com/elonmusk/status/1208831048026509312   Permalink 6:31 AM – 23 Dec 2019

@MaxAbrahms Reuters says about 1,500 people were killed during the November demonstrations in #Iran based on info gathered from security forces, morgues, hospitals and coroners’ offices. This estimate is much higher than previous estimates. https://www.reuters.com/article/us-iran-protests-specialreport-idUSKBN1YR0QR   Permalink 4:39 AM – 23 Dec 2019

@nntaleb The other effect of PRINCIPIA POLITICA: Article 3 “Public institutions must have an expiration date.” A Russian “UNIVERSITY 2035” was created, aiming to dissolve in 2035. Met them in Kazan. Focus:digital skills Joint by Novosibirsk State U,Tomsk State, FarEast Federal U pic.twitter.com/hCYKjN7fzg Permalink 4:20 AM – 23 Dec 2019

@nntaleb This came verbatim from PRINCIPIA POLITICA. https://twitter.com/RustedOak/status/1105133928703295488   ” target=”_blank”>http://pic.twitter.com/cqS0v4nOTJ”>  pic.twitter.com/cqS0v4nOTJ Permalink 3:53 AM – 23 Dec 2019

@nntaleb Footnote 2: Blocked more than 3000 people on Twitter, but picked up > 100,000 new followers during 2019. Permalink 3:07 AM – 23 Dec 2019

@nntaleb Footnote 1: Since it became fashionable to show such a thing, here is a list of prescription drugs I took in 2019. pic.twitter.com/4Ud0Mc6ddx Permalink 2:51 AM – 23 Dec 2019

@nntaleb We are introducing simple transformations to evaluate genetic distances and homozygocity. pic.twitter.com/pqZCmqR7fc Permalink 2:44 AM – 23 Dec 2019

@nntaleb A severe problem with genetic/IQ studies: correlation is highly nonlinear: a correlation of 3/4 is much, much closer to 0 than to 1. Which shows why the overly used “heritability index” is nonsense. I wonder why these IQ idiots didn’t realize it before. Psychology =astrology pic.twitter.com/ODu1U3knI4 Permalink 2:33 AM – 23 Dec 2019

@nntalebbot “The traits I respect are erudition and the courage to stand up when half-men are afraid for their reputation. Any idiot can be intelligent.” – @nntaleb Permalink 3:30 PM – 22 Dec 2019

@nntaleb Peterson, charisma? Peterson, like most psycholophasters, gives the impression of a dithering hypochondriac with an insomnia problem, having serious trouble getting his BS in order, & who regularly implores with endless speeches his girlfriends/partners to not dump him . https://twitter.com/lyleleander/status/1208865976952877057   Permalink 2:11 PM – 22 Dec 2019

@nntaleb Thanks to the works of @Safaitic and @PhDniX we can confirm that whatever it is a dialect OF, and whatever category you may wish to classify it in, Levantine is not a dialect OF Fus7a (Classical Arabic). It is a PARALLEL language to Fus7a. https://twitter.com/the_levantist/status/1208858506713075713   Permalink 1:47 PM – 22 Dec 2019

@nntaleb “Organized NYC deadlifting antiBS probabilists squad” (Former student and RWRI instructor) https://twitter.com/trishankkarthik/status/1208776824093847553   Permalink 8:06 AM – 22 Dec 2019

@nntaleb Pschologists classifying “IQ deniers” as a pathology. I am a “psychology denier”, that is “bullshit denier”. https://twitter.com/adamjohnsonNYC/status/950771974632067073   Permalink 7:21 AM – 22 Dec 2019

@nntaleb 19- Finally, I did not compromise once in 2019. Happy Holidays for all. Permalink 3:28 PM – 21 Dec 2019

@nntaleb 17- Lost (some) money short HLF. But stayed long Gold, etc. 18- Found some severe & disturbing logical errors in PRINCIPIA POLITICA (which I incidentally started in 2019). Fixed quietly, so far. Permalink 3:24 PM – 21 Dec 2019

@nntaleb 14-Found great space for #RWRI across the sidewalk where a famous mafia don was wacked (Sparks Steakhouse), w/one of his family members now part of the #RWRI club. Feels safe. 15-Ate no seed oil 16-Feel plenty of gratitude towards my friends, esp. those who corrected errors Permalink 3:16 PM – 21 Dec 2019

@nntaleb 11-Blocked >3000 people on Twitter, using highly *Bayesian* tricks. 12-Ate large meals with the BS Busting Brigade connected to #RWRI, made new friends. 13-Had charlatans s.a. Sam Harris, Charles Murray, etc. publicly complaining about me. Permalink 2:57 PM – 21 Dec 2019

@nntaleb 8-Was subjected to 6 smear campaigns from 6 separate sources, including #Lebanon bankers w/smear video from PR firm. No effect. I need more enemies in 2020, to confuse them. 9-Lost 7 lbs but year isn’t over. 10-Tried & failed to learn Hindi. Everyone speaks English. Permalink 2:41 PM – 21 Dec 2019

@nntaleb 4- Published 6 papers (single auth), wrote 10 in total, 1 in epistemology 5- Increased the pushpress by 25lbs in spite of injury 6- Lectshured (& ate) in Serbia, Estonia, & Tatarstan 7- Went on #Lebanon TV after 10y to expose #RiadPonzi, introduced Ponzi term. Riad was upset Permalink 2:31 PM – 21 Dec 2019

@nntaleb 2019, Personal Review 1-Managed to Yuugely upset monocultures: both anti-Iran & pro-Iran shills; both pro-Trump & anti-Trump; both the “left” & the Neo-nazis/Quillette/eugenists. 2-Busted IQ as a fraud,on stat/math grounds. 3-Finished Stat Cons Fat Tails, Tech Incerto vol 1 Permalink 2:18 PM – 21 Dec 2019

@NonMeek Today’s #Offshorecomic. Cramming several #RWRI -insights into one comic strip => scalability – static vs dynamic – business school BS. @nntaleb Free stuff here https://buff.ly/2FtBAIE   Support me here https://buff.ly/32k8OVz   ” target=”_blank”>http://pic.twitter.com/mvpfoiQvLv”>  pic.twitter.com/mvpfoiQvLv Permalink 9:44 AM – 21 Dec 2019

@DennisHXu “You do not create dynamic equality just by raising the level of those at the bottom, but rather by making the rich rotate.” https://medium.com/incerto/inequality-and-skin-in-the-game-d8f00bc0cb46   @nntaleb’s article on inequality is the most important and least well understood idea of the present socio-economic discourse. Permalink 9:04 AM – 21 Dec 2019

@nntaleb Friends, looks like I need to give up the Medieval style with boxes (left) in favor of the right version as it becomes rapidly unwieldy. Is there a serious loss of aesthetics? pic.twitter.com/SgGVAzxDtU Permalink 4:51 AM – 21 Dec 2019

@nntaleb An infallible marker of crummy intellect is when someone cherry picks from authors long dead for retrospective bigoteering. @RichardDawkins is my model of the BS vendor. https://twitter.com/RichardDawkins/status/1208353116367794177   ” target=”_blank”>http://pic.twitter.com/UrjhDnF9Xw”>  pic.twitter.com/UrjhDnF9Xw Permalink 4:46 AM – 21 Dec 2019

@nntaleb Better interword spacing pic.twitter.com/R2byiWhKmn Permalink 3:34 AM – 21 Dec 2019

@nntaleb Meanwhile the Technical Incerto, Vol 1: hard to get the #lindy 2-column aesthetics with a 6 by 9 book, which requires 8½ by 11. Equations and graphs make it difficult to flow properly. pic.twitter.com/Hotlu4x371 Permalink 2:19 AM – 21 Dec 2019

@nntaleb Colored text is #Lindy. Precedes printing. Everything needs rich aesthetics. I am following the model in PRINCIPIA POLITICA https://twitter.com/BLMedieval/status/1208311142784782336   ” target=”_blank”>http://pic.twitter.com/0OVcBR8kRG”>  pic.twitter.com/0OVcBR8kRG Permalink 1:26 AM – 21 Dec 2019

@nntaleb 4) I exposed @snarwani for unconditional support for the Iranian regime. This imbecile @Doranimated is worse; doesn’t get a Leb PM needs approval by ALL factions (like Hariri). Think tank pple have no academic freedom (owned by funders); almost all are subpar failed academics. Permalink 1:05 AM – 21 Dec 2019

@nntaleb 3) And the fellow has the logical abilities of a goldfish in contaminated water. Geopolitics shills are unemployable losers incapable of reasoning outside the script: if it is not A, then it is B, to counter other shills saying if not B then A. #Localism https://twitter.com/Doranimated/status/1208131896556707840?s=20   Permalink 1:59 PM – 20 Dec 2019

@nntaleb The best representation of Fat Tony, via Fat Tony Salerno in The Irishman. pic.twitter.com/EvsuonfGha Permalink 1:51 PM – 20 Dec 2019

Taleb the Philosopher | Firstthings.com

By this point, Taleb has come to view all three works as composing a unified project, which he calls Incerto, about “decision making under uncertainty.” The central idea of Antifragile is that risk, volatility, or turbulence is in many cases not to be feared and avoided, but desired and sought. Taleb claims to have identified a new concept: Whereas fragile things are harmed by shocks, and robust things are resilient or unharmed, what is antifragile actually benefits from shocks. A related concept and characteristic Talebism: What is “Lindy” is likely to survive a long time because it has already survived a long time—named after a ­Manhattan restaurant where actors observed the phenomenon in ­Broadway runs.

https://www.firstthings.com/article/2019/02/taleb-the-philosopher
Hattip Dave Lull

Tetlock, Propagandists, Lebanon, #IndiaEconomicConclave, Villages, Pinker, TENURE, J’ACCUSE, #RiadPonzi, Bret Weinstein, #Localism, GMOs, Arabists, Aramco, Lebanon

On the Statistical Differences between BinaryForecasts and Real World Payoffs (pdf)
STATISTICAL CONSEQUENCES OF FAT TAILS [TECHNICAL INCERTO COLLECTION]
Real World Risk Institute, LLC – HOW TO MAKE DECISIONS UNDER UNCERTAINTY
EPISTEMOLOGY of PROBABILITY (pdf)
The Beirut Banyan EPISODE 81: Nassim Nicholas Taleb & Local Solutions for Lebanon (audio, Soundcloud)


@nntaleb BS Busting Showing how ~50 years of psychologists/decisiontheoristas claims that people “irrationally” “overestimate tails” are unrigorous; how being a “good forecaster” means nothing,etc. Some (e.g. Phil the rat @PTetlock) won’t like it Full version at https://arxiv.org/pdf/1907.11162.pdf   ” target=”_blank”>http://pic.twitter.com/STDMM5E1fT”>  pic.twitter.com/STDMM5E1fT Permalink 6:25 AM – 19 Dec 2019

@TalebWisdom “Mediocre minds are outraged by small insults but passive, subdued, and silent in front of very large ones. ” – From Bed of Procrustes. Permalink 4:31 AM – 19 Dec 2019

@mikeandallie (1/2) I had a bit of a lucky start to my day today seeing this thread. Nassim’s solution – though a solution in a tweet! – is a terrific lesson for calculus students as it is a fantastic use of both the Fundamental Theorem of Calculus and also infinite series. https://twitter.com/nntaleb/status/1207621312006574081   Permalink 3:27 AM – 19 Dec 2019

@nntaleb Corrected pic.twitter.com/LeBjHvSS0y Permalink 3:18 AM – 19 Dec 2019

@nntaleb Voila pic.twitter.com/8LkjS7O7oZ Permalink 2:16 AM – 19 Dec 2019

@nntaleb MATH PUZZLE DU JOUR. For my trip back from India. pic.twitter.com/s9StRGpDZ3 Permalink 3:09 PM – 18 Dec 2019

@nntaleb Modern dialects called “Arabic” do not descend from “Classical Arabic”, but both they and Fus7a share a common parent; Fus7a appears to be larely manufactured by a bunch of scholars. It is like mistaking your cousin for your grandfather. https://twitter.com/PhDniX/status/1207431607369502721   Permalink 3:01 PM – 18 Dec 2019

@nntaleb This is, scientifically, fraud. I mean, really fraud. https://twitter.com/WDavidHill/status/1206518159873851394   Permalink 11:26 AM – 18 Dec 2019

@nntaleb Kids get that Antifragile = Convexity. Social scientists can’t get it. https://twitter.com/MamanLunettes/status/1207378173106806786   Permalink 11:18 AM – 18 Dec 2019

@nntaleb He did not get skin in the game. It is filtering. So many people discuss ideas from books they haven’t read. — h/t @imleslahdin https://twitter.com/balajis/status/1207319434957918209   Permalink 9:06 AM – 18 Dec 2019

@marco_m_alves Localism is not “peace on earth” as it creates much more “inconvenient’ day to day (corruption is more visible, disputes are direct, etc). But it’s the trade-off for avoiding system-wide collapse. Permalink 11:17 PM – 17 Dec 2019

@nntaleb Granted! https://twitter.com/Jed_Trott/status/1207011658884960258   Permalink 11:18 AM – 17 Dec 2019

@nntaleb My former student is correct to bring me into line. Propagandists are unconditional in their support, never nuanced, even with the most eggregious actions. And thet are eventually caught. Like now. https://twitter.com/Mo_Hrmz/status/1206972693737857024   Permalink 8:45 AM – 17 Dec 2019

@nntaleb SPECULATIVE EAST-MED PHILOLOGY “Spice”, μπαχαρικό (Bahariko) in Greek, بهارات (Bharat) in Levantine (not so much in Classical Ar), and baharat in Turkish originate from the old name for India: Bharat. Simply, the Med had no spices, only herbs. Permalink 8:37 AM – 17 Dec 2019

@yzilber Confusion can help learning https://news.nd.edu/news/confusion-can-be-beneficial-for-learning-study/   @nntaleb will like this study (2012) Permalink 6:35 AM – 17 Dec 2019

@nntaleb The way to do it. https://edition.cnn.com/videos/world/2019/12/15/lebanon-tax-strike-wedeman-pkg-vpx.cnn?fbclid=IwAR1kyuv87g2pke9Y17GSvXyAdRINMPBKAKzmqxoO2stzjUi8dyoxS5iHIyA   Permalink 5:50 AM – 17 Dec 2019

@nntaleb How to rescale distances on PCA maps for genetics. @WolframResearch Mathematica Code with verification pic.twitter.com/cVfRKS0Y9Y Permalink 3:46 AM – 17 Dec 2019

@nntaleb I will give it a second look. https://twitter.com/paulportesi/status/1206713742030860288   Permalink 2:30 AM – 17 Dec 2019

@CCavafy “But most incomparable / of all, Antioch boasts that she’s a city / that’s been Greek since Ancient times” – C.P. Cavafy, “Greek Since Ancient Times”, translated by @DAMendelsohnNYC #poetry #cavafy #Greece pic.twitter.com/8kuwmOY8ww Permalink 5:05 AM – 16 Dec 2019

@TalebWisdom “Being arrogant towards a fraudster in power = iconoclast. Being arrogant towards a regular person = psychologist.” – Nassim Nicholas Taleb Permalink 5:04 AM – 16 Dec 2019

@yaneerbaryam New paper “An Introduction to Complex Systems Science and its Applications”–“assumes only a high school mathematical and scientific background, so that it may be accessible to … anyone who is interested in systems and society” https://necsi.edu/an-introduction-to-complex-systems-science-and-its-applications   Permalink 4:45 AM – 16 Dec 2019

@TalebWisdom “The best researcher is the one who hates academia, the best politician the one who hates politics, best bureaucrat one who hates bureaucracy.” – Nassim Nicholas Taleb #bureaucracy Permalink 8:50 AM – 15 Dec 2019

@nntaleb These pseudo-analysts don’t get it. The majority of French & British voters had a yuuuugely favorable opinion about De Gaulle & Churchill respectively but still voted them out of office right after the war ended. https://twitter.com/mashabani/status/1203316176740327427   Permalink 4:20 AM – 15 Dec 2019

@nntaleb If you hear “X is incompetent in spite of “elite” education”, you should interpret as “X is incompetent *because* of “elite” education” (Wittgenstein’s Ruler) https://twitter.com/rorysutherland/status/1206181699765309441   Permalink 4:16 AM – 15 Dec 2019

@Nvdwaa Rereading antifragile, my 1st encounter with @nntaleb after about 4years. Discovering depth I missed/ didn’t appreciate 1st time around. Amazing, life-changing stuff. pic.twitter.com/BVzeRvhXSC Permalink 9:07 AM – 14 Dec 2019

@mikeandallie [correcting bad link] Exploring Markov chains and Martingales with kids – a project inspired by @gregeganSF @nntaleb and @octonion https://mikesmathpage.wordpress.com/2019/12/14/33355/   #math #mathchat Permalink 6:50 AM – 14 Dec 2019

@nntaleb His wife left him. https://twitter.com/geoffdporter/status/1205848006089695233   Permalink 5:57 AM – 14 Dec 2019

@nntaleb Bad way to visualize information, in the absence of scaling/size. If Rome/Papal States, Istanbul, Beirut were countries, They too… The web teaches people to become fools a la social scientists. https://twitter.com/arcgreek/status/1205500038706802691   Permalink 5:01 AM – 14 Dec 2019

@nntaleb Brutal honesty and intolerance to BS brings new friends. https://twitter.com/paulportesi/status/1205616820612292608   Permalink 4:24 AM – 14 Dec 2019

@nntaleb Decorators design to impress other decorators. In the MEA lounge, the electric plugs are out of reach, low on the ground, with the cover opening upwards ; impossible to plug the charger unless you lie on the floor. @skyteam please tell these idiots. #SkinintheGame pic.twitter.com/mBlfV1TyZo Permalink 2:57 AM – 14 Dec 2019

@DavidGibbons “Every plane crash makes the next one less likely, every bank crash makes the next one more likely.” From Antifragile. Maybe my favorite @nntaleb quote – certainly a most important insight. We have built antifragile things but banking is not one of them. Permalink 1:12 AM – 14 Dec 2019

@LieraMarco Will he ever invite real people (i.e. plumbers, taxi drivers, accountants, etc.) to speak at the @wef in Davos? @nntaleb https://twitter.com/schuldensuehner/status/1205099302676291585   Permalink 4:55 AM – 12 Dec 2019

@ETNOWlive Tell us what is the #Nifty return this decade in the comments section and get a chance to win a signed copy of the latest books by @MarkMobiusReal, @SadhguruJV, and @nntaleb. #IndiaEconomicConclave #IEC #quiz #IEC2019 pic.twitter.com/AOKkXnSqpn Permalink 12:29 AM – 12 Dec 2019

@nntaleb Liars announce that they are saying the “truth”, without anyone asking them; shills claim they are promoting it. (Remember that “Pravda”, the Soviet organ, meant “truth”) pic.twitter.com/irpjNgra7g Permalink 2:27 PM – 11 Dec 2019

@nntaleb Auditing Mathematica’s conventions pic.twitter.com/5Qfdh2olcg Permalink 2:07 PM – 11 Dec 2019

@nntaleb Which explains why there cannot be such a thing as a global village: you build stronger bonds by meeting one person 5 times than by meeting 5 persons once. pic.twitter.com/7zO4MQwyUl Permalink 1:06 PM – 11 Dec 2019

@nntaleb 2) Do you live in a village? Simple trick: how many familiar faces do you encounter daily in your surroundings? Permalink 12:14 PM – 11 Dec 2019

@nntaleb EAST MED PHILOLOGY DU JOUR Karagoz/Karakoz in Lebanese https://twitter.com/KBBlack_/status/1204834468822949888   Permalink 12:04 PM – 11 Dec 2019

@nntaleb I never live in cities. Only villages. #localism https://twitter.com/vtchakarova/status/1204675247879929856   Permalink 10:16 AM – 11 Dec 2019

@nntaleb Another person I thought was revealing truths turns out to be a shill. Disgusting. https://twitter.com/veravanhorne/status/1204771551511547905   Permalink 6:37 AM – 11 Dec 2019

@nntaleb Turns out that what I called the “Karamata point” and the “Karamata Constant”, while obvious, didn’t have a name. Was told Kara-mata was “black eyed” in Ottoman Greek (Kara black in Turkish, Matis eyes in Turko-Greek) pic.twitter.com/Y0s26R7It0 Permalink 5:23 PM – 10 Dec 2019

@nntaleb Presented 3 short papers. Turns out this result (and 2 others) are unknown. pic.twitter.com/KrZOzlxfWr Permalink 5:18 PM – 10 Dec 2019

@nntaleb #Antifragile The ‘slow earthquakes’ that we cannot feel may help protect against the devastating ones https://phys.org/news/2019-12-earthquakes-devastating.html   Permalink 5:02 PM – 10 Dec 2019

@mikeandallie (3/3) I learned these ideas thanks to @nntaleb and @octonion when they were discussing another famous “word” problem – the COVFEFE problem in 2017: https://mikesmathpage.wordpress.com/2017/12/11/the-most-interesting-piece-of-math-i-learned-in-2017-the-covfefe-problem/   Permalink 3:31 PM – 10 Dec 2019

@nntaleb Eindhoven Workshop on Heavy Tails, with the usual suspects https://www.eurandom.tue.nl/event/workshop-heavy-tails-2/   Permalink 2:53 AM – 10 Dec 2019

@LaurentMartinez Sometimes you’re so obnoxious that I’m really considering muting you. But you so don’t give a f**** and are so uncompromising with (mostly) insufferable a-holes, that I have to admit it makes you a rare and valuable occurrence in this world. Permalink 1:47 AM – 10 Dec 2019

@nntaleb Pinker is not aware that he is promoting my own work: one of the books is plagiarism of the ##Incerto https://fooledbyrandomness.com/dobelli.htm   https://twitter.com/sapinker/status/1204127384817033216   Permalink 1:34 AM – 10 Dec 2019

@nntaleb Disagreement: #Lindy requires nonperishability but not all nonperishable is #lindy (nonperishable can be memoryless, with constant expected remaining life). Lindy = power law NonPerishable usually exponential. @ProfSteveFuller Here formalizing Lindy https://twitter.com/nntaleb/status/1146214203574968322?s=20   https://twitter.com/ProfSteveFuller/status/1199595280565440512   Permalink 12:20 PM – 9 Dec 2019

@nntaleb Trying to define RIGOROUSLY what is and what is not Racism in PRINCIPIA, away from the verbalistic. Some surprising results. For comments pic.twitter.com/qTNU63hPW5 Permalink 12:12 PM – 9 Dec 2019

@nntaleb The saying “lniqua numquam regna perpetuo manent” gives me hope. #Lindy #LebanonProtests #IraqiProtests, etc. Permalink 11:33 AM – 9 Dec 2019

@nntaleb TENURE IS A TRAP After 30 y tenure in a pseudoscience w/citation ring (socialscience),pple can’t do anything in the real world Unskilled Labor! If Universities can’t take away your tenure, they can make your life miserable,as w/bigot @erasmuse. Like the brother in #Antifragile https://twitter.com/nntaleb/status/1198329665078857729   Permalink 3:34 AM – 9 Dec 2019

@TalebWisdom “There is no more unmistakable sign of failure than that of a middle-aged man boasting of his successes in college.” – @nntaleb Permalink 7:24 PM – 8 Dec 2019

@nntaleb Probability Proof Du Jour From the “Competitive Mathematics” FB page pic.twitter.com/gqI3BPTE7q Permalink 2:04 PM – 8 Dec 2019

@nntaleb More confusion: Mathematica has two techniques. Dot product for normalized vectors is same as covariance (hence 3 and 1 are same). Which method is used? pic.twitter.com/R9ZulSWR8C Permalink 1:37 PM – 8 Dec 2019

@nntaleb Note that I blocked people who polluted the thread Permalink 9:58 AM – 8 Dec 2019

@nntaleb Friends, some help. I have a question about conventions with PCA maps. pic.twitter.com/8KxAbkkDwa Permalink 9:38 AM – 8 Dec 2019

@imleslahdin Why I’m excited about Technical Incerto. Understanding tails & “shadow moments” is crucial in when your algorithm relies on randomness, which is the BEST way we have for the hardest problems ever (NP-problems). I’m not even talking about big data & ML/AI (go to #RWRI for that). https://twitter.com/nntaleb/status/1203294669117022208   ” target=”_blank”>http://pic.twitter.com/kEA0VxgxRf”>  pic.twitter.com/kEA0VxgxRf Permalink 9:10 AM – 8 Dec 2019

@nntaleb SEMITIC PHILOLOGY DUJOUR Learned that just as the Latin hard “c” becomes a soft affricate /t͡ʃ/ in Italian (Ciao), in S Mesopotamian dialect ك becomes تش Other shifts:ق hard g in Muslim (vs Jewish/Christian) Bagdadi (qeltu vs gilit group)& ء in Levant https://www.instagram.com/tv/B5pvFhjHbZL/?utm_source=ig_web_copy_link   ” target=”_blank”>http://pic.twitter.com/DR0BlbACVt”>  pic.twitter.com/DR0BlbACVt Permalink 6:53 AM – 8 Dec 2019

@JT_ZLC I am suggesting a minor change to the front cover. pic.twitter.com/93hzaGcN7g Permalink 6:39 AM – 8 Dec 2019

@nntaleb Almost. The statistical version of the asymmetry: to confirm safety (trader didn’t blowup), n =1000 could be insufficient, to disconfirm safety, n=1 (trader blewup) is sufficient. My technical version of the asymmetry is by examining the Law of Large Numbers under fat tails. https://twitter.com/sunnyrekhi/status/1203505476958220290   Permalink 4:11 AM – 8 Dec 2019

@JonathanShedler This is why “evidence based therapy” research always seems to involve treatments most people don’t want and most practitioners don’t practice. Research designed to impress journal reviewers and grant reviewers, not provide what patients need. https://twitter.com/TalebWisdom/status/1203128659806171138   Permalink 3:22 PM – 7 Dec 2019

@nntaleb J’ACCUSE Depositors in #LEBANON being stiffed! 1-Payment to Eurobond holders, NOT to depositors, & Not enough $$ for fuel imports 2-Depositors should OWN the banks since default! 3- #RiadPonzi is in denial, must be replaced/supervised Must suspend CEDRE! @Jad_Ghosn @EHSANI22 Permalink 7:51 AM – 7 Dec 2019

@nntaleb The STATISTICAL CONSEQUENCES OF FAT TAILS, Real World Preasymptotics, Epistemology, and Applications (Technical Incerto, I) is done. My 7th book. https://www.academia.edu/37221402/STATISTICAL_CONSEQUENCES_OF_FAT_TAILS_TECHNICAL_INCERTO_COLLECTION_   Should be available in hard copy first Q 2020 ” target=”_blank”>http://pic.twitter.com/J8cioGrEw8″>  pic.twitter.com/J8cioGrEw8 Permalink 4:46 AM – 7 Dec 2019

@nntaleb Make Lebanon Med Again! https://twitter.com/Extrachelle/status/1203280222642221057   Permalink 4:18 AM – 7 Dec 2019

@nntaleb The eugenics crowd has been after since the when I showed the IQ thingy to be a fraud. You can tell at the reactions of a bunch of people. https://link.medium.com/ehxNGI2Zc2   Permalink 2:15 PM – 6 Dec 2019

@nntaleb Time to do my “told you so”. You guys are 1 year too late. @Clairlemon et al are nothing but a cover for eugenics. https://twitter.com/rvawonk/status/1202719842605903872   Permalink 2:08 PM – 6 Dec 2019

@nntaleb The true left gets it. Democrats are getting Donaldo relected. https://twitter.com/ggreenwald/status/1202977556292624386   Permalink 1:59 PM – 6 Dec 2019

@nntaleb The nightmare https://twitter.com/brianabeythomas/status/1202964879067336709   Permalink 10:14 AM – 6 Dec 2019

@nntaleb Thread on Ergodicity & @ole_b_peters work 1) If you optimize on multiperiod payoffs you avoid an absorbing state(0), because multiplicative. ANY such optimization will avoid absorption, not just LOG 2) Growth is a nice summary parameter. 3) Avoiding absorption does same. Permalink 6:48 AM – 6 Dec 2019

@nntaleb [For those who don’t get it: the point is that some friends are worse than enemies] Permalink 4:54 AM – 6 Dec 2019

@nntaleb DISCUSSION Friends, the M5 competition (@spyrosmakrid ) is about inventory prediction using ML or other. I suggested predicting maxima & minima on top of the usual. While extrema are useful in trading (“never cross a river that’s on ave 4f deep”), are they with inventories? Permalink 4:37 AM – 6 Dec 2019

@bmiloy Attending one of these exposes and clears a lot of BS from your thinking. You think you understood the Incerto, maybe even read it a few times, and then you attend and discover that you were missing something essential. https://twitter.com/nntaleb/status/1202700539886260246   Permalink 4:33 PM – 5 Dec 2019

@nntaleb What you see and what you don’t see: The hidden moments for a probability distribution. The Lucretius problem in #TheBlackSwan. (Turns out explicit result below is new.) Inspired by a mistake made by that idiot @WGoetzmann (who sees #TheBlackSwan as an “airport book”) . pic.twitter.com/IRU9nlgkNa Permalink 3:03 PM – 5 Dec 2019

@nntaleb Friends, we gave in. Thanks to @Firsou we have a new #RWRI website http://www.realworldrisk.com   Permalink 1:25 PM – 5 Dec 2019

@nntaleb Clive James, RIP My notes on his book *Cultural Amnesia* pic.twitter.com/Z8dcT5RjSy Permalink 12:28 PM – 5 Dec 2019

@nntaleb With friends like me you are guaranteed to never need a single enemy. https://twitter.com/spyrosmakrid/status/1202574156971331585   Permalink 10:27 AM – 5 Dec 2019

@aleksndr_r “A book review can be far more descriptive of the reviewer than the book itself.” —@nntaleb That you can learn as much about the source of information as its object is one of the most helpful principles I’ve come across recently. Permalink 9:39 AM – 5 Dec 2019

@CIELivestock1 Raffael Zanoli @UnivPoliMarche tells @iSAGE_H2020 #sheep industry mtg in #Wetherby of @nntaleb concept of #antifragility. Beyond #resilience, resulting from challenges in the environment making you more #robust to future challenges. Applies in #farming AND #marketing! pic.twitter.com/HuSPXRRO3v Permalink 9:25 AM – 5 Dec 2019

@nntaleb #RiadPonzi has reigned over 7 prime ministers, 4 presidents, a dozen finance ministers. If a single person is the perpetrator, it is him. He is the cancer. PS Riad, your “friends”’s smear campaign against me is equivalent to draining the Mediterranean with a teaspoon. https://twitter.com/ehsani22/status/1202594727444520966   Permalink 6:57 AM – 5 Dec 2019

@nntaleb I will be involved in this project with a formal status as “friend”. Hopefully expand it to “The Great East-Med (Graeco-Phoenician) BS-debunking School of Statistics”. https://twitter.com/spyrosmakrid/status/1202527792027574273   Permalink 4:45 AM – 5 Dec 2019

@nntaleb When you encounter Pinker style careerism, remember the following. A book (or a work of scholarship) is something that is read 25 years after publication. What happens in the 25 years doesn’t count. The rest is a combination of noise, promotion, hype & resumé building. #Lindy Permalink 4:18 AM – 5 Dec 2019

@spyrosmakrid At the Institute For the Future (IFF), University of Nicosia we have founded the MOFC (The Makridakis Open Forecasting Center). Its purpose to Advance the Theory and Practice of Forecasting through competitions, conferences, publications and forecasting courses. @polemitis pic.twitter.com/zBGMuGK8D2 Permalink 1:59 AM – 5 Dec 2019

@BDufournet My wife and I had the same idea for Christmas for each other… @nntaleb’s masterpiece in the deluxe edition! Received today. A very nice present. pic.twitter.com/44yvVZFWcU Permalink 2:53 PM – 4 Dec 2019

@nntaleb By free I mean morally free, free to be ethical https://medium.com/incerto/the-skin-of-others-in-your-game-3f51d8ccc3fb   Permalink 1:58 PM – 4 Dec 2019

@nntaleb Yes! James Scott! Permalink 7:49 AM – 4 Dec 2019

@nntaleb When you ask the facilitator of a Ponzi scheme to fix the Ponzi. Salame needs adult supervision. https://twitter.com/adibchristian/status/1202233307729018880   Permalink 7:04 AM – 4 Dec 2019

@nntaleb 1) The judgment of the free is the only one that counts. The rest has some element of propaganda. 2) Very, very few people are free. 3) In general, the more prominent the person, the less free. The janitor is freer than the politician/CEO. 4) Purity requires freedom. Permalink 6:36 AM – 4 Dec 2019

@OrtolanMagazine This is insanely fucked up and people aren’t talking about it enough at all #crispr #china #gmo @nntaleb https://www.theguardian.com/science/2019/dec/04/china-gene-edited-baby-experiment-may-have-created-unintended-mutations   Permalink 5:48 AM – 4 Dec 2019

@nntaleb Aside from BS Vendor extraordinaire @saPinker misrepresenting his own claims (see other posts), @DrCirillo & I have shown that interarrival times betw. large wars >100 y hence 1) his claim on post WW2 is statistical noise 2) he doesn’t get what statistical noise means #BSVendor https://twitter.com/sapinker/status/1201603375365836804   Permalink 5:12 AM – 4 Dec 2019

@nntaleb EPISTEMOLOGY of PROBABILITY Latest with @DrCirillo now on ArXiv https://arxiv.org/pdf/1912.00277.pdf   ” target=”_blank”>http://pic.twitter.com/84RBISEmiz”>  pic.twitter.com/84RBISEmiz Permalink 4:09 AM – 4 Dec 2019

@TalebWisdom “Anyone who likes meetings should be banned from attending meetings.” – @nntaleb Permalink 12:23 AM – 4 Dec 2019

@nntaleb What drinking with @EmanuelDerman looks like. And that’s before the drift into Spinoza. #OnlyinNewYork pic.twitter.com/bvLLy9P5fh Permalink 4:18 PM – 3 Dec 2019

@nntaleb Wealth Inequality Among Snails https://www.improbable.com/2019/10/02/wealth-inequality-among-snails/   Permalink 1:26 PM – 3 Dec 2019

@nntaleb FAT TONYISM More effective & less risky to improve food distribution than produce GMOs/GoldenRice (food costs=60-94% distrib/decay), but not to *scientism*merchants It costs millions to make train rides more pleasant, billions to make trains just a bit faster, but not to… Permalink 6:22 AM – 3 Dec 2019

@Prof_BearB I think someone proposed it. https://twitter.com/sapinker/status/1201603375365836804   ” target=”_blank”>http://pic.twitter.com/iE4zEmoon1″>  pic.twitter.com/iE4zEmoon1 Permalink 6:19 AM – 3 Dec 2019

@nntaleb EPISODE 81: Nassim Nicholas Taleb & Local Solutions for Lebanon https://youtu.be/sGcyA0yB4nY   via @YouTube Permalink 5:55 AM – 3 Dec 2019

@nntaleb The bullshitter still doesn’t get that BOTH claims have been debunked plus his shoddy statistical claims! https://twitter.com/sapinker/status/1201603375365836804   Permalink 1:54 PM – 2 Dec 2019

@DrCirillo Another sophistry. As usual. Given that what he claimed has been shown not to hold, he tries to change his claim ex post. Verba volant, scripta manent. https://twitter.com/sapinker/status/1201603375365836804   Permalink 1:32 PM – 2 Dec 2019

@nntaleb The end of Behavioral Economics https://twitter.com/ole_b_peters/status/1201547183079772160   Permalink 12:06 PM – 2 Dec 2019

@sean_a_mcclure The general public gets swept up in the labeling of others as “anti-science” without understanding how science actually works. The willing and able are now stepping forward to call BS and set the record straight. I can’t think of a better service to society. #science https://twitter.com/nntaleb/status/1201458485961117698   Permalink 10:12 AM – 2 Dec 2019

@NonMeek Today’s #Offshorecomic. “Statistics is a BS detector, not a BS generator.” / inspired by @nntaleb & #RWRI For more visit https://buff.ly/2FtBAIE   Offshore books https://buff.ly/32k8OVz   ” target=”_blank”>http://pic.twitter.com/Yii889CrUQ”>  pic.twitter.com/Yii889CrUQ Permalink 9:13 AM – 2 Dec 2019

@nntaleb The president, cabinet, central bankers & bankers should be locked 24/7 in a war room/control center discussing options & working hard instead of engaging in courtesy meetings & focusing on shooting messengers. http://www.dailystar.com.lb//News/Lebanon-News/2019/Dec-02/496664-aoun-calls-for-prosecution-of-those-who-spread-bad-publicity-about-national-currency.ashx#.XeU7R5tCwxM.twitter   Permalink 8:29 AM – 2 Dec 2019

@Firefly_fan Do you know Nassim that every smear campaign (the one that you suffer too) of Monsanto et al about Golden Rice is based (ENTIRELY) on a fallacy? https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6760066/pdf/12992_2019_Article_495.pdf   Table 1. “Misleading Summaries” subgroup “Absence of evidence as evidence of absence”. Permalink 7:04 AM – 2 Dec 2019

@nntaleb The author of the article on golden rice used by @sapinker was running a bank that blew up spectacularly; asking him for advice on tail risk is like putting a drunk driver (while drunk) to monitor road safety. https://twitter.com/yaneerbaryam/status/1201504177286983685?s=20   Permalink 6:48 AM – 2 Dec 2019

@nntaleb Sorry, error: I carelessly mistook @mona_harb_ (who tried -and failed— to dump on me) for @mona_fawaz. Permalink 4:56 AM – 2 Dec 2019

@normonics I didbn’t even catch that this is via @quillette. of course. They know the best genes for humans to have AND know the best genes for plants to have eugenics quillette. https://twitter.com/sapinker/status/1201345723981160448   Permalink 4:37 AM – 2 Dec 2019

@normonics Same language as last time, copied off a PR sheet I guess Soulless @sapinker Steven Pinker again smears those scientific doubt and reasonable concern for risk, uses the image of dying children to push his agenda https://twitter.com/sapinker/status/1201345723981160448   Permalink 4:29 AM – 2 Dec 2019

@nntaleb #Localism implies opposition to US interventionism in world affairs (Syrian “rebels”, Saudi Barbaria-Yemen, etc.) It does not mean supporting interventionism by OTHER regimes. Most shills & low-intellect propagandists promote false dichotomies:”if not green, it must be pink”. Permalink 4:22 AM – 2 Dec 2019

@nntaleb Although activist @mona_fawaz has tried to dump on me (& got ran over),I MUST fight for her against the smear campaign by fascist propagandists that she’s a “foreign agent” #localists want to run their own lives, not be trapped into US-Iran-Israel-SA globalism #Skininthegame Permalink 3:59 AM – 2 Dec 2019

@nntaleb If you ask what pple in #Lebanon want: basic amenities, jobs, education, clean water, transportation, power, etc. #Localism. Not geopolitics US-Iran-Israel-SaudiArabia. Fascists Khalek et al are shilling ag a technocratic government on grounds that it won’t globalize. Permalink 3:26 AM – 2 Dec 2019

@nntaleb RISK MANAGEMENT 101 we teach students: What @sapinker says is 1) wrong, 2) dangerous, 3) unrigorous & primitive *scientism*, with probability approaching 1. https://www.fooledbyrandomness.com/PrecautionaryPrinciple.html   https://twitter.com/sapinker/status/1201345723981160448   ” target=”_blank”>http://pic.twitter.com/gb53Lao2u3″>  pic.twitter.com/gb53Lao2u3 Permalink 3:09 AM – 2 Dec 2019

@yaneerbaryam The idea that Golden Rice is a useful or necessary solution to nutrition problems does not recognize many alternatives and does not include an understanding of risk. This is a terribly misguided and unscientific frame of reference. @nntaleb https://necsi.edu/precautionary-principle   Permalink 7:50 PM – 1 Dec 2019

@mikeandallie (1/2) Sharing some of @nntaleb ‘s ideas about probability distributions with kids https://mikesmathpage.wordpress.com/2019/12/01/sharing-some-of-nassim-talebs-ideas-about-probability-distributions-with-kids/   #math #mathchat Permalink 9:07 AM – 1 Dec 2019

@nntaleb @dan_azzi Permalink 7:37 AM – 1 Dec 2019

@nntaleb @JadChaaban is also a target of the smear campaign. I can hire someone to identify the source. After the Monsanto episode we got to know exactly how these are done. Also easy to sue people involved in the story in NY or LDN if they cover up for losses. https://twitter.com/JadChaaban/status/1200863656843661313?s=20   Permalink 6:55 AM – 1 Dec 2019

@digvijoy_c Someone wrote: “Dear Mr Taleb, I like your work but I feel compelled to give you a piece of advice. An intellectual like you would greatly gain in influence if he avoided using foul language.” Answer: “Fuck off.” From @nntaleb facebook page. Holiday season gold from Nassim. Permalink 6:15 AM – 1 Dec 2019

@nntaleb Also there are mechanisms to sue Global Finance magazine for giving awards to #RiadPonzi, give naive investors & savers a false feeling of security. Also we need @petelx60 to help us investigate how @LebAmUniv gave him an award (before his days). Permalink 5:50 AM – 1 Dec 2019

@nntaleb Signs both #RiadPonzi & Bankers Assoc. hired 2 PR firms to whitewash their image/smear critics including @dan_azz, @Nasser_Saidi. Not successful in the West (nobody is stupid) but # circulating videos in Lebanon. Some shills: @jassemajaka cc:@Jad_Ghosn #lebanonprotest Permalink 5:18 AM – 1 Dec 2019

@nntaleb At the “meeting”, #RiadPonzi exhibited a lack of financial proficiency. He said “We issued CDs at 6%, they are now at 20%, so we have profits.” Imagine a CEO saying: we issued bonds/stocks, their value collapsed, we make yuuge profits if we bought them back 50% lower! Permalink 4:57 AM – 1 Dec 2019

@nntaleb RETROSPECTIVE BIGOTEERING 1) no law is retrospective 2) you cannot blame people of a violation of a moral rule (or law) if they could not be possibly aware of such a rule, if such rule came AFTER their actions. This is similar to the retrospective distortion in #TheBlackSwan. Permalink 4:35 AM – 1 Dec 2019

@nntaleb Scale analysis is not mine, elaborated by many many scientists. My contribution is the link between nonlinearity of response, scale, stability and, mostly, the probabilistic implications. https://twitter.com/ektrit/status/1201115448529563648   Permalink 4:31 AM – 1 Dec 2019

@nntaleb pic.twitter.com/MHDcn8tLex Permalink 5:37 PM – 30 Nov 2019

@TalebWisdom “Libertarianism is about replacing authority with laws (legal systems, courts). Hard sciences (math, physics) obey laws, bullshit disciplines (psychology, history, sociology) obey authority. In the absence of #skininthegame, authority evolves to BS. In anything.” – @nntaleb Permalink 4:08 PM – 30 Nov 2019

@nntaleb An instance of retrospective bigoteering. Soon he will go after The Hamurabi code. https://www.academia.edu/38433249/Principia_Politica   https://twitter.com/inertialobservr/status/1200642160648835072   Permalink 3:04 PM – 30 Nov 2019

@nntaleb Most people scientists, academics, journalists & other BS vendorss write, talk about, & make claims about what they know. My specialty (Incerto & Technical Incerto) is to show what we don’t know. I stand current approaches to knowledge on their head. https://twitter.com/nntaleb/status/1200798073884233728   Permalink 1:09 PM – 30 Nov 2019

@nntaleb Corrected. @birdxi1988 pic.twitter.com/HJ96ZBuUvX Permalink 12:04 PM – 30 Nov 2019

@nntaleb I am wrong Permalink 9:48 AM – 30 Nov 2019

@nntaleb New picture. Need to change every decade. Permalink 8:54 AM – 30 Nov 2019

@nntaleb They reposted the conversation without the edits. https://twitter.com/beirut_banyan/status/1200038885125951490   Permalink 8:49 AM – 30 Nov 2019

@nntaleb What you see and what you don’t see:The hidden moments for a probability distribution. What we called shadow mean in paper with @DrCirillo pic.twitter.com/rnRBU9YwKn Permalink 7:25 AM – 30 Nov 2019

@nntaleb By depositors I mean small depositors who put their life savings in the hands of #RiadPonzi Permalink 12:37 PM – 29 Nov 2019

@nntaleb I boycott @LOrientLeJour but Triangle have been extremely good at exposing the Ponzi scheme https://twitter.com/think_triangle/status/1200334111820460032   Permalink 10:21 AM – 29 Nov 2019

@idrissaberkane Il y a des gens qui sont prêts à se créer six comptes pour troller @nntaleb mais vraiment twitter est devenu complètement fou pic.twitter.com/Bd6R3KvnKE Permalink 8:27 AM – 29 Nov 2019

@nntaleb Le @dr_l_alexandre est un charlatan. Aucune etude genetique sérieuse sur le sujet. Du bidon. Voir https://www.academia.edu/39797871/Common_Misapplications_and_Misinterpretations_of_Correlation_in_Social_Science_   https://twitter.com/Ripamontialbert/status/1200129226269233152   Permalink 6:58 AM – 29 Nov 2019

@nntaleb This is the classical question: “Where are the Customer’s Yachts?” Permalink 6:17 AM – 29 Nov 2019

@nntaleb A meeting in the Presidential Palace includes a representation of the banking sector. Where are the representatives of depositors? Where? Where? #LebanonProtests @Jad_Ghosn @dan_azzi pic.twitter.com/M3MvlXCGRT Permalink 6:05 AM – 29 Nov 2019

@nntaleb India Economic Conclave Dec 16-17 https://twitter.com/ETNOWlive/status/1200350486441811968   Permalink 2:57 AM – 29 Nov 2019

@nntaleb Happy Thanksgiving everyone. Immense gratitude for this country, its people, its system. Permalink 3:09 PM – 28 Nov 2019

@TalebWisdom “A good book gets better at the second reading. A great book at the third. Any book not worth rereading isn’t worth reading.” – @nntaleb https://www.amazon.com/gp/product/198481981X/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=198481981X&linkCode=as2&tag=getwisertlb-20   Permalink 11:09 AM – 28 Nov 2019

@vtchakarova I use the occasion of #HappyThanksgiving to extent my special gratitude and big thanks to @nntaleb for giving me the unique chance to be part of his amazing #RWRI family this year and to grow immensely as a human and as a spirit! #SITG Permalink 10:39 AM – 28 Nov 2019

@nntaleb A mistake I made. My specialty is nonlinearity of responses. Complex systems have scaling issues from nonlinear responses. https://twitter.com/normonics/status/1200048576900018178   Permalink 10:08 AM – 28 Nov 2019

@NonMeek Today’s #Offshorecomic. “The precautionary principle.” / inspired by @nntaleb & #RWRI For more visit http://buff.ly/2FtBAIE   Offshore books http://buff.ly/32k8OVz   ” target=”_blank”>http://pic.twitter.com/PLe4nprr56″>  pic.twitter.com/PLe4nprr56 Permalink 9:40 AM – 28 Nov 2019

@nntaleb I solved the quandary: I drink only American wine for Thanksgiving. Yet I want something Lebanese. Compromise: American wine made by Diaspora Lebanese. pic.twitter.com/7OPxpti5sV Permalink 7:59 AM – 28 Nov 2019

@nntaleb As with IQ “regressions”, all it takes is one single point to change the story. #FooledbyRandomness https://twitter.com/crispakarati/status/1200025405354328065   Permalink 6:04 AM – 28 Nov 2019

@BitcoinDu Find out more about bitcoin in Lebanon at http://BitcoinDuliban.org   Permalink 5:35 AM – 28 Nov 2019

@beirut_banyan We’re joined by Nassim Nicholas Taleb @nntaleb for Episode 81 of The Beirut Banyan, and we discuss the October 17 Revolution and Lebanon’s modern history within the context of complex systems and local structures. Soundcloud: https://soundcloud.com/thebeirutbanyan/episode-81-nassim-nicholas-taleb-local-structures-for-lebanon   ” target=”_blank”>http://pic.twitter.com/My8F6fGN8Y”>  pic.twitter.com/My8F6fGN8Y Permalink 5:09 AM – 28 Nov 2019

@nntaleb Lebanese Bitcoiners Show How to Talk About Crypto At Thanksgiving https://www.coindesk.com/lebanese-bitcoiners-show-how-to-talk-about-crypto-at-thanksgiving   via @coindesk Permalink 3:40 AM – 28 Nov 2019

@nntaleb The evolution of the reputation of #RiadPonzi https://twitter.com/lukassustala/status/1199949608669106177   Permalink 3:18 AM – 28 Nov 2019

@nntaleb Never mess with other people’s sacred values. Never. https://twitter.com/nntaleb/status/1199458779521331201   Permalink 2:15 PM – 27 Nov 2019

@B4DGETT This time of year, reminded of @nntaleb’s illustrative Thanksgiving turkey problem. pic.twitter.com/EZKxD1AA0f Permalink 11:36 AM – 27 Nov 2019

@georges_ebel “never cross a river if it is on average 4 feet deep” illustrated @nntaleb pic.twitter.com/hQRQqoOooy Permalink 7:59 AM – 27 Nov 2019

@nntaleb LEBANESE DIASPORA Buy Lebanese products. They need your dollars. Find a store near you. pic.twitter.com/5z6QnBtbS7 Permalink 6:15 AM – 27 Nov 2019

@prakashperuvamb He is a role model precisely because of that . Speaks his mind, doesn’t mince word or tolerate crap, and what he says almost always makes abundant sense … Not ur politically correct ninny nanny type @nntaleb Permalink 5:27 AM – 27 Nov 2019

@nntaleb Chapter on Extreme Value Theory with some results pic.twitter.com/h1XRMTbDxi Permalink 5:17 AM – 27 Nov 2019

@MarkMulvey My favorite @nntaleb quote, because most people treat math as a means to an end but he treats it like an artisan or musician: as an means to experience. https://twitter.com/nntalebbot/status/1199470412465348608   Permalink 7:14 PM – 26 Nov 2019

@nntaleb I cannot stand phonies, despicable people like @BretWeinstein who act on bad faith. DESPICABLE! https://twitter.com/gallenperry/status/1199450736825917441?s=20   Permalink 2:43 PM – 26 Nov 2019

@dzviovich Wealth Gap is an emergent property of complex systems where agents interact. If system is not hijacked by rent seekers social mobility will follow as market preferences evolve. A very simple economy model will show these properties in action https://community.wolfram.com/groups/-/m/t/1810873   Permalink 2:15 PM – 26 Nov 2019

@TalebWisdom “A very useful heuristic, a potent filter: When someone criticizes you, train to immediately ask yourself: “Would I rather be him/her, or I’d rather be me?” before taking the remark at face value. It works wonders. #SkinintheGame” – Nassim Nicholas Taleb Permalink 10:21 AM – 26 Nov 2019

@nntaleb Fucking coward: I want to see you try to insult other religions as you did with Christianity & people holding Christian beliefs. Coward and phony! Permalink 8:36 AM – 26 Nov 2019

@nntaleb Attributing the #Iranprotests to fuel prices is similar to attributing the #LebaneseProtests to a tax on WhatsApp. #Verbalism pic.twitter.com/vskpcNAYOS Permalink 8:24 AM – 26 Nov 2019

@normonics Anyone want to place bets how long it takes @BretWeinstein to apologize for telling Christians to shut up about their beliefs? https://twitter.com/BretWeinstein/status/1199189516105314305   Permalink 7:02 AM – 26 Nov 2019

@nntaleb Probability Discovery Du Jour: the invisible tail for a power law distribution doesn’t depent on its parametrization. A closed form derivation of thee “invisible tail”. pic.twitter.com/u1OlFLP75m Permalink 5:30 AM – 26 Nov 2019

@af_rd_ @BrankoMilan citing the Antifragile work by @nntaleb. Didn’t need more incentives. But it happens to be an interesting read indeed – ‘Antifragile states and global cities’ http://bit.ly/2OJz3zX   @ips_journal Permalink 3:06 AM – 26 Nov 2019

@nntaleb Hezb now experiencing peacetime dilemmas: 1) cannot side with the protests without upsetting Iran 2) cannot use missiles against its own citizens, so militiary power is useless 3) cannot control hooligans harassing demonstrators 4) cannot afford to lose Shiite/Christian support https://twitter.com/hmalla72/status/1199023240380895234   Permalink 12:36 PM – 25 Nov 2019

@nntaleb Bible in Lebanese/”NeoCannanite”. https://twitter.com/zaqariyya/status/1198979549045886977   Permalink 7:42 AM – 25 Nov 2019

@nntaleb https://twitter.com/normonics/status/1198957709313368064?s=20   Permalink 5:39 AM – 25 Nov 2019

@nntaleb Trying to explain extreme value theory: The Fréchet is surprising simple to rederive. pic.twitter.com/9RnRTk84Av Permalink 4:39 AM – 25 Nov 2019

@gabrielacunac Brillantemente expresado por @nntaleb pic.twitter.com/PDcY6klRgy Permalink 3:52 AM – 25 Nov 2019

@nntaleb Summary of my point https://twitter.com/RomanCabanac/status/1198923387764183041?s=20   Permalink 3:17 AM – 25 Nov 2019

@nntaleb The war on the Christian religion by @BretWeinstein shows ignorance of revelation of preferences, a repeat of what the charlatan Harris is spreading. Religion is NOT epistemic, but functional, precautionary, and #LINDY. https://medium.com/incerto/how-to-be-rational-about-rationality-432e96dd4d1a   Permalink 3:00 AM – 25 Nov 2019

@nntaleb A lunatic… Dangerous… I thought the social planner was a closed problem. https://twitter.com/BretWeinstein/status/1198650802107113474   Permalink 2:42 PM – 24 Nov 2019

@nntaleb Again it is one position to say: “I wish to be with people from my tribe”, it is another one to claim: “I don’t want these people around BECAUSE they are genetically inferior”. This @erasmuse is in that second category which is FAR more dangerous. Permalink 1:13 PM – 24 Nov 2019

@nntaleb @wrasmusevious Rasmusen’s stance has nothing to do with intellectual arguments; he has an a priori that some people have genetically inferior IQ & is obsessing over it. When I posted my IQ stuff @easmuse did not engage w/the statistics/math, the only thing he did is pour abuse. pic.twitter.com/bkOqncjRPs Permalink 1:04 PM – 24 Nov 2019

@nntaleb @wrasmusevious Rasmusen’s stance has nothing to do with intellectual arguments; he has an a priori that some people have genetically inferior IQ & is obsessing over it. When I posted my IQ stuff @easmuse did not engage w/the statistics/math, the only thing he did is pour abuse. pic.twitter.com/bkOqncjRPs Permalink 1:04 PM – 24 Nov 2019

@NonMeek Taleb is arrogant. Find out why. Attend #RWRI https://twitter.com/nntaleb/status/1198574349990715392   ” target=”_blank”>http://pic.twitter.com/8VDS4FJ8Mq”>  pic.twitter.com/8VDS4FJ8Mq Permalink 1:01 PM – 24 Nov 2019

@TalebWisdom “A GOLDEN RULE in ETHICS Take a moment to figure out whether you’d rather be praiseworthy but not praised, or praised but not praiseworthy.” – Nassim Taleb #ethics Permalink 12:57 PM – 24 Nov 2019

@nntaleb More precise cross-correlations, bounds for transitivity in the Technical Incerto https://twitter.com/ProbFact/status/1196473782191476749   ” target=”_blank”>http://pic.twitter.com/yWvkoKNC1l”>  pic.twitter.com/yWvkoKNC1l Permalink 4:40 AM – 24 Nov 2019

@nntaleb We have scholarships open for Lebanese women, plus Iran, Bolivia, Catalonia, HK, etc. Permalink 4:37 AM – 24 Nov 2019

@nntaleb We have 5 scholarships open for Lebanese women. Permalink 4:29 AM – 24 Nov 2019

@nntaleb #RWRI http://realworldrisk.com   Permalink 4:09 AM – 24 Nov 2019

@nntaleb Dan Azzi is invited to get the RWRI certificate. Unlike Harvard degrees, it is not taught by professors, empty suits and bullshitters, but by people/real scientists with skin in the game. https://twitter.com/dan_azzi/status/1197660414663909377   ” target=”_blank”>http://pic.twitter.com/VJMhme2kRI”>  pic.twitter.com/VJMhme2kRI Permalink 3:55 AM – 24 Nov 2019

@nntaleb 2) Contrary to what idiots-who-think-in-slogans spread at the tim, Proudhon was not against private property. His central idea is the domination of the state. He was fundamentally someone against the coercion of individuals. https://twitter.com/BzhClair/status/1198547693972246528?s=20   ” target=”_blank”>http://pic.twitter.com/3vfDHLiRZR”>  pic.twitter.com/3vfDHLiRZR Permalink 2:28 AM – 24 Nov 2019

@nntaleb 1) The first #localist is Proudhon. He was both anarchist & federalist, understood the link between distributed power and centralization. “Anarchy is order without power”. He got ran over by Marxists IYIs who fell for Marx’s nonsensical handwaving “scientific” approaches. pic.twitter.com/dnh1mboOe1 Permalink 2:14 AM – 24 Nov 2019

@nntaleb Complex systems #Localism https://twitter.com/justinowings/status/1198072930812530688   Permalink 3:52 PM – 23 Nov 2019

@nntalebbot “A mathematician starts with a problem and creates a solution; a consultant starts by offering a “solution” and creates a problem.” – @nntaleb Permalink 3:30 PM – 23 Nov 2019

@nntaleb Eric Rasmusen did produce all manner of personal abuse when my piece on IQ, heritability, etc. came out –I was wondering why, since his statistical comments were random. Turns out the fellow has indeed neo-nazi beliefs and tendencies. https://twitter.com/erasmuse/status/1196917954711080961   Permalink 11:57 AM – 23 Nov 2019

@nntaleb The full Triangle paper is here http://www.thinktriangle.net/extend-and-pretend-lebanons-financial-house-of-cards-2/   Permalink 10:31 AM – 23 Nov 2019

@paulportesi Debt and leverage have a @nntaleb dose-response sigmoid characteristics. Simply said, debt and leveraged is similar to drugs. It can be convex initially but will eventually reach an upper limit where it becomes concave an exponentially harmful. Permalink 10:09 AM – 23 Nov 2019

@nntaleb I expect plenty of factories to be built once #RiadPonzi and his policies are terminated. It took 3 years for Egypt and Turkey to build yuuuge reserves after their devaluation. I will make sure Riad Salameh is remembered as the MOST HARMFUL person in the history of #Lebanon. Permalink 6:46 AM – 23 Nov 2019

@nntaleb Some PR machinery is still trying to make people buy the argument that doubting GMOs is anti-science. In fact it is bullshit like this nonscientist journos such as @kittypurrzog that IS anti-science. https://www.fooledbyrandomness.com/PrecautionaryPrinciple.html   https://twitter.com/kittypurrzog/status/1197942231358832641   Permalink 6:42 AM – 23 Nov 2019

@nntaleb Meanwhile I am optimistic that once the Ponzi stops, we will have a yuuuuuge boom in #Lebanon. Permalink 6:06 AM – 23 Nov 2019

@nntaleb After my USJ talk on #RiadPonzi & Localism a few “economists” went on MTV to explain I was nonsensical & “arrogant”, it was not a Ponzi, Lebanon is different, etc. Triangle explains where it is a Ponzi: + Use new deposits to pay interest to existing depositors rather than invest! pic.twitter.com/0LtlAZsOTb Permalink 6:03 AM – 23 Nov 2019

@nntaleb Civis Romanus sum The Republic of Koura in Lebanon (Capital Amioun) is closset to Cyprus & Crete. https://twitter.com/andrewidy/status/1198010880824369152   Permalink 5:20 AM – 23 Nov 2019

@nntaleb Our paper in the philosophy of probability, with @DrCirillo pic.twitter.com/hc4gyy2qXQ Permalink 4:48 AM – 23 Nov 2019

@nntaleb Note I refuse honors and rank & when introduced as a speaker, I allow only one piece of information: Uber ratings of >4.9 Excellent bullet points for my lecktshur on #Localism at LAU New York. https://twitter.com/JacobGnther1/status/1198149271196983296   Permalink 2:38 AM – 23 Nov 2019

@NonMeek Today’s #Offshorecomic. “The best predictor of a collapse or blow-up => smooth returns” [part 2/2] / co-author @Firsou / inspired by @nntaleb’s #RWRI For more visit http://buff.ly/2FtBAIE   Offshore books http://buff.ly/32k8OVz   ” target=”_blank”>http://pic.twitter.com/5BkxugmfTw”>  pic.twitter.com/5BkxugmfTw Permalink 8:48 AM – 22 Nov 2019

@DominikWeil Following his activities in Lebanon closely – if his ideas on #localism and #decentralization of power structures can be implemented there… – provides hope & tailwind for other localist movements around the globe #freecityfrankfurt https://mobile.twitter.com/nntaleb/status/1196790333000077312   Permalink 7:58 AM – 22 Nov 2019

@nntaleb The only way one can short it without basis risk is if it lists on the NYSE AND has high volume. Plans to list in the US were cancelled. https://twitter.com/eddyaccu/status/1197891192471588864   Permalink 7:05 AM – 22 Nov 2019

@nntaleb Fascists anf antilocalists are easily pushed to produce incoherence https://twitter.com/nntaleb/status/1197870058514665472?s=20   Permalink 5:37 AM – 22 Nov 2019

@nntaleb My approach is not to convince the person but expose publicly his defects in reasoning. https://twitter.com/nntaleb/status/1197864991912796160?s=20   Permalink 5:33 AM – 22 Nov 2019

@nntaleb Fascist @asadabukhalil wrote the only commentary on my talk on #Localism below The fascist denies local ancestral Lebanese poetry (Zajal) as a literary form. The unmistakable stamp of fascism all across. Particularly in the denial of the notion of scale. https://www.youtube.com/channel/UC8uY6yLP9BS4BUc9BSc0Jww?view_as=subscriber   Permalink 4:42 AM – 22 Nov 2019

@nntaleb Start tagging Arabists as “facists” nemesis of #Localism They COERCE you into an “identity” Destroy diversity & force a Medieval language w/purity Stamp out Mediterranean culture in Lebanon, & its character as cultural crossroad Example: antilocalist fascist @asadabukhalil Permalink 4:37 AM – 22 Nov 2019

@marciadabliu .not that these people would be interested but it seems @nntaleb has demolished the concept of IQ measuring let alone that intelligence could ever be inherited. https://medium.com/incerto/iq-is-largely-a-pseudoscientific-swindle-f131c101ba39   and yes, ooops some many ethical issues involved Permalink 3:15 AM – 22 Nov 2019

@nntaleb People in Lebanon are not yet used to see a person entirely free who doesn’t give a fuck about his reputation. Permalink 2:42 AM – 22 Nov 2019

@nntaleb He made the mistake of pathologizing someone, which to me is a yuuuge intellectual violation. He will pay for it for the rest of his life as I find it egregious: that’s what the Soviets did with dissent. Never pathologize. Permalink 2:07 AM – 22 Nov 2019

@nntaleb This is NOT squid ink. Just colored pasta. @adam_sajdak https://twitter.com/adam_sajdak/status/1197676208907018241   Permalink 1:57 AM – 22 Nov 2019

@nntaleb Is it me or it is quite strange when someone keeps insulting you online, but not in person when they unexpectly meet you in the physical world? In other words talk is cheap online, but costly in real life. #Skininthegame https://twitter.com/nntaleb/status/1197255332864647168   Permalink 2:12 PM – 21 Nov 2019

@normonics We live in a novel age, no doubt But you have to be blind to believe it is “absolutely” novel Most of what is relevant to us is not new but very old indeed, easy to take for granted I suppose And, what should one “blindly follow”, Bret? The latest trend? https://twitter.com/BretWeinstein/status/1197576604563562499   Permalink 1:13 PM – 21 Nov 2019

@nntaleb From the remarks of the mob @RaniaKhalek is sending my way, there is an ELEMENTARY defect of reasoning both with her & the mob. One can be AGAINST US interventionism yet AGAINST repressive theocracy & AGAINST the massacre of young protesters in Iraq & Iran. Fehménin? Permalink 10:34 AM – 21 Nov 2019

@nntaleb Finishing a paper in philosophy of probability with @DrCirillo pic.twitter.com/TofruImYBO Permalink 10:15 AM – 21 Nov 2019

@normonics .@TulsiGabbard expressed the need for local-first and regional-based agriculture model last night This is common sense from every perspective *except* for large scale factory-style industrial agriculture corporations and their lobby. Thank you, Tulsi. Permalink 8:47 AM – 21 Nov 2019

@nntaleb Outside an ancestral environment (or a small village), you cannot be both ethical and striving for people to like you. Permalink 8:42 AM – 21 Nov 2019

@nntaleb OK, confirmed statistically. 100% of @RaniaKhalek posts are propaganda. There is NO information in the posts of the propagandists, since all you see is cherrypicked. Her “journalism” career is done. https://twitter.com/RaniaKhalek/status/1197412341874339840?s=20   Permalink 7:27 AM – 21 Nov 2019

@Boswall_Jacob For all depositors at #Lebanese banks, @Li_Haqqi and @nizarghanem have created a Facebook campaign to ensure that small and medium account holders don’t foot the bill of the #economic crisis. #لبنان It’s called #لن_ندفع_الثمن – find your bank here: https://www.facebook.com/LiHaqqi/photos/a.759628340890167/1276672349185761/?type=3&theater   ” target=”_blank”>http://pic.twitter.com/lR6eggnVUM”>  pic.twitter.com/lR6eggnVUM Permalink 6:37 AM – 21 Nov 2019

@nntaleb I removed from The Black Swan these comment because, at the time, I was stupid enough to listen to editors. “A White Swan not taking place is a Black Swan.” “You look at counterexamples for the usual, verification for the unusual”. https://twitter.com/Heinonmatti/status/1197502130799677440   Permalink 5:12 AM – 21 Nov 2019

@nntaleb MODERNISM Before the formation of the Greek Nation-State & Nordic historical manufacturing, Greek “identity” was not built ar. Classical Greece,but Greek Orthodoxy Greek Restaurants, now called “Olympic”, Acropolis, wd have been “Agios Nikolaos”, “Ag. Dimitrios”, “Aya Pelagia” Permalink 3:56 AM – 21 Nov 2019

@jbaksht I bought Incerto, can’t wait to reread all of them. Thanks @nntaleb https://twitter.com/kpaxs/status/1197240014880563202   Permalink 3:55 AM – 21 Nov 2019

@nntaleb Dabké Anatolian in origin. East Med imprint. Naples was Neapolis a Greek settlement. https://twitter.com/imleslahdin/status/1197281616936067072   Permalink 2:36 PM – 20 Nov 2019

@nntaleb Life is boring if your online detractors freeze in terror when they run into you in the physical world. I saw a nondeadlifting stranger in a state of yuuge terror as I passed by his table, as if he ran into the Loch Ness Monster. Could be from photo the Arabo-fascist @joeyayoub https://twitter.com/Decafquest/status/1195762604796502025   ” target=”_blank”>http://pic.twitter.com/dUCilXhM0e”>  pic.twitter.com/dUCilXhM0e Permalink 12:48 PM – 20 Nov 2019

@nntaleb I told an assembly of prominent farts in Lebanon, the local establishment: I don’t care about you f*cks, so long as your children are reading the INCERTO. And they are. Permalink 8:19 AM – 20 Nov 2019

@nntaleb Napoleon wanted power & glory. He liked flashy victories. Cambaceres who *wrote* the Napoleonic code liked influence. Napoleon lost everything but most of the world uses the Cambareces code dubbed “code Napoléon”. The world is run according to C. Gabish? https://twitter.com/prateekkul/status/1197184716815978497?s=20   Permalink 8:17 AM – 20 Nov 2019

@nntaleb I respect those who seek influence; never those who seek power. Permalink 7:48 AM – 20 Nov 2019

@JamesMarsh79 i think this proves Nassim’s point about size. pic.twitter.com/fCuYrzuXkv Permalink 7:33 AM – 20 Nov 2019

@nntaleb Nassim Nicholas Taleb Lebanon: From Ponzi to Localism https://youtu.be/53uW9Xd_JRU   Permalink 7:24 AM – 20 Nov 2019

@nntaleb After defending her (benefits of the doubt), I am now nearly certain that @RaniaKhalek is an Iranian regime shill. The Regime is massacring hundreds of youths in Iraq & Iran. It is unpardonable. A shill is always UNCONDITIONALLY on one side of an issue. https://twitter.com/RaniaKhalek/status/1197125109963776001   ” target=”_blank”>http://pic.twitter.com/ddbxESnPpu”>  pic.twitter.com/ddbxESnPpu Permalink 4:49 AM – 20 Nov 2019

@TalebWisdom “In any profession, 90% of people are clueless but work by situational imitation, narrow mimicry & semi-conscious role-playing. Except social “science” and journalism where it is 99% and 100%, respectively.” – @nntaleb Permalink 4:09 AM – 20 Nov 2019

@Zzeghedrane Localism taking place and shape strongly on the ground instead of in theory Cc: @nntaleb https://twitter.com/kassimchahrour/status/1197079385012133889   ” target=”_blank”>http://pic.twitter.com/KJseJ0J4ZV”>  pic.twitter.com/KJseJ0J4ZV Permalink 4:07 AM – 20 Nov 2019

@nntaleb The foundation of the 1/n heuristic is that the law of large numbers cannot be invoked. https://twitter.com/otrasenda_AC/status/1196957373438578688   Permalink 5:12 PM – 19 Nov 2019

@nntaleb In other words we get an exponential out of a power law. Permalink 3:57 PM – 19 Nov 2019

@nntaleb Interesting (and shocking) result. The “missing tail” for a power law follows a thin-tailed distribution. pic.twitter.com/Uh2RR8ikzF Permalink 2:22 PM – 19 Nov 2019

@nntaleb GRECO-SEMITIC MYSTERIOUS PHILOLOGY DU JOUR: Seems that qariba قارب (small boat) doesn’t come from קָרוֹב قرب, proximity (to coast) but from the Byzantine Greek καράβι (pl.l καράβια) [same root as”crab”] Could the Byz. Greek originate from the Semitic קָרוֹב via Syrian Greek? Permalink 2:03 PM – 19 Nov 2019

@nntaleb It feels the riots are more likely to succeed in Iran because: 1- Trump did not claim direct credit 2- Little news coverage 3- It feels like it is about time, I mean about time Permalink 12:35 PM – 19 Nov 2019

@HietanenPaavo More shenanigans by Finnish #Antifragile team w/ @LIHF_Living @STrosterud @Heinonmatti. Discussing hunting, Finnish localism and how more @nntaleb’s localism should be planted to Finnish political soil pic.twitter.com/Vywx3JgEne Permalink 11:25 AM – 19 Nov 2019

@nntaleb #RiadPonzi These estimates were close. Got new information, the alpha coefficient is stable. pic.twitter.com/hsgpzkZuOY Permalink 9:08 AM – 19 Nov 2019

@VqVoice Our new article is about making good software architecture for hearables, ergodicity, and just a little about Scorsese’s awesome film Casino (with special thanks to @nntaleb and #RWRI ) #technology #startup #softwaredevelopment https://medium.com/the-science-of-conversation/the-casino-problem-and-hearable-software-architecture-5de2730a42ec?source=friends_link&sk=233bfb8ca47514fb669804146b05eba9   Permalink 7:51 AM – 19 Nov 2019

@BrendanJHammer Taking my daily @nntaleb – he nails it here on the proxy wars of couples. #BedOfProcrustes pic.twitter.com/S8VYxYqWBX Permalink 7:33 AM – 19 Nov 2019

@nntaleb I detect that our movement is killing the old Libertarian and anarchist factions. #Localism https://twitter.com/jed_trott/status/1196791845671653376   Permalink 7:23 AM – 19 Nov 2019

@normonics https://twitter.com/nntaleb/status/1196790333000077312   ” target=”_blank”>http://pic.twitter.com/hnp4YKByVy”>  pic.twitter.com/hnp4YKByVy Permalink 6:27 AM – 19 Nov 2019

@nntaleb https://www.academia.edu/38433249/Principia_Politica   https://twitter.com/mhaffar/status/1196794602994487296   Permalink 6:20 AM – 19 Nov 2019

@nntaleb Case closed https://www.bloomberg.com/news/articles/2019-11-18/aramco-failure-to-win-foreign-investors-makes-ipo-a-local-event?srnd=premium-middle-east   Permalink 7:49 AM – 18 Nov 2019

@RickKLN Rediscovered my faith years ago when you blocked me on FB. A Christian that didn’t discuss both sides, and could dismiss questions as BS changed my life. One of these years I will attend #RWRI and say thanks in person. Diplomacy is NOT more effective. BS busting is. Permalink 2:18 AM – 18 Nov 2019

@nntaleb A Sheikh in the Beqaa is saying “we can deliver Switzerland of the East” in 20 days. We do not need the central state. https://twitter.com/HsenAndil/status/1196367753436946432   Permalink 2:07 AM – 18 Nov 2019

@nntaleb The Lebanese are still shocked by my “in your face” blunt, totally unapologetic, uncompromising, no-BS, “he’s incompetent”/”you’re an idiot” approach, esp when I address IYI “specialists” I threw someone w/unsollicited advice “diplomacy is more effective” out of my house. Permalink 2:06 AM – 18 Nov 2019

@nntaleb Very rough statistical estimatess. Wished the banks told us more. Good news for the small depositor pic.twitter.com/WKp6ptnO9J Permalink 1:25 AM – 18 Nov 2019

@nntaleb Key part in PRINCIPIA is that the demarcation left-right has been redrawn by real science, along the lines STATIST-LOCALIST-MINARCHIST When I gave my tawk in Boulder, was told US most localists self-defined as “left”.Super-localist= Libertarian, etc. I prefer the IDIOT-NONIDIOT https://twitter.com/laurentozon/status/1196347126466396162   Permalink 1:23 AM – 18 Nov 2019

@nntaleb I think the haircut can be milder 200k-1 mil, since the bulk is from accounts>1 mil Permalink 1:12 AM – 18 Nov 2019

@nntaleb There is a problem w/: Short Aramco Long Oil contracts which maturity? Aramco =~ perpetual maturity The front contracts can be much, much more volatile than the back and decorrelate during squeezes. Discussed in one of the #RWRI https://twitter.com/mazen_barbir/status/1196292503743401985?s=20   Permalink 11:39 PM – 17 Nov 2019

@nntaleb Solved half pic.twitter.com/BAJ2Hg9oZv Permalink 4:29 PM – 17 Nov 2019

@nntaleb QUIZ (Statistical sleuthing) We know that +1% of accts in #Lebanon own 50% of total, $170 bil +accts <$200K represent $20 bil in total (rough numbers) Assume Pareto distr. How many accounts have > 200K, 1 mil, 10 mil ? What’s the weekly drain from 1000$ withdrawal per acct? Permalink 4:09 PM – 17 Nov 2019

@Firsou Anyone in Lebanon that advocates indebting the country in a similar manner should be treated with extreme suspicion. https://www.africanstand.com/business/china-to-take-over-kenyas-main-port-over-unpaid-huge-chinese-loan/   Permalink 3:53 PM – 17 Nov 2019

@nntaleb I saw no such posters. My point is that the only way to satisfy Salafis is to give them their own communes. Unless you recommend “killing them all”. https://twitter.com/AliSalaam_DTI/status/1196190174906068993   Permalink 2:18 PM – 17 Nov 2019

@nntaleb #Localism A crowd starts clapping from one single trigger. Revolutions (1848, #LebanonProtest, Iran, Iraq, Chile, H-K, Barcelona) spread spontaneously, “leaderless”, bec. complex systems work by 1 heuristic: once you find the trigger, you get power law behavior. Hard to reverse. Permalink 2:10 PM – 17 Nov 2019

@nntaleb He said “Tripolis is 10% Salafi, mostly in one neighborhood, & there is no alcohol in the whole place out of fear. You need to either increase the subdivisions or force the sectarians into a secular system that will turn them into terrorists out of resentment.” Permalink 1:50 PM – 17 Nov 2019

@nntaleb #Localism at its best!!! Intoxicated by what is happening in Tripolis (Troblos) Tens of simultaneous ORDERLY discussion groups on constitutional, legal, economic matters Shocked to hear someone telling me “Tripoli shd not be one municipality ” because “minority rules”! pic.twitter.com/kw6Ns9RPmP Permalink 12:57 PM – 17 Nov 2019

@nntaleb Albert Kostanian proposing the equitable haircut proposed on his program: spare small accounts <200K, have a progressive haircut. https://video.twimg.com/ext_tw_video/1195895226080120832/pu/vid/480×270/euqLRKy2IEHnjwzB.mp4?tag=10   https://twitter.com/AlbertKostanian/status/1195999663071121410   Permalink 12:47 PM – 17 Nov 2019

@soonaorlater ‘Bitcoin removes [government] from the transaction…They’re trying to ‘ban bitcoin’ because they’re afraid of it. It’s important for us [the Lebanese] from now on to learn about crypto. Our collective intelligence is greater than the state’s’ – @nntaleb https://open.tube/videos/watch/f5813d6f-96d2-4e95-b3b3-a7c6a51abd7f   Permalink 11:24 AM – 17 Nov 2019

@nntaleb A rioter was explaining the Silver Rule: “Mitl ma bit3omil btet3omal” Permalink 10:03 AM – 17 Nov 2019

@nntaleb Troblos (Tripolis) The epicenter of the Revolution. pic.twitter.com/BFauyzR9CF Permalink 9:56 AM – 17 Nov 2019

@rebeccacollard “From Tehran to Beirut, one revolution that won’t die” Lebanese chanting in support of Iran protests tonight. #LebanonProtests #IranProtests #iran #لبنان_ينتقض pic.twitter.com/V9QydyrU9A Permalink 9:20 AM – 17 Nov 2019

@nntaleb II- Also as a bonus you “earn” the country risk since Aramco is located in the Shiite area with an oppressed minority who rightfully believe oil is theirs. Permalink 8:18 AM – 17 Nov 2019

@PZalloua At z Lecture on Localism, Beirut USJ @nntaleb over-filled pic.twitter.com/LADSCuupyj Permalink 7:58 AM – 15 Nov 2019

@nntaleb I want to be sued for the defamation of #RiadPonzi https://twitter.com/aya_majzoub/status/1194563388266823680   Permalink 6:25 AM – 15 Nov 2019

@nntaleb Pareto 80/20 Estimated share of deposits. I suggest NO HAIRCUT except for acc >500K-1m & progressive beyond. pic.twitter.com/JZxgt5Z8HB Permalink 5:11 AM – 15 Nov 2019

@nntaleb GEORGIA as a model for #Lebanon MOST successful post-Soviet state. -Fired the entire police dept. Over 7 month w/o law enforcement, crime dropped by 60% (they claim) -Anti-corruption gov : most in their 20s, PM 32. 0 tolerance,$20 bribe=>7y jail #كلن_يعني_كلن @fadyasly Permalink 4:17 AM – 15 Nov 2019

@nntaleb This tweet puts to rest all possible theories of “Aounist tendencies” on my part. I am intransigent & INDEPENDENT. Always, everywhere, w/ no political loyalties even if I am buddies w/@Gebran_Bassil A judge has no friends. There are NO exceptions. #كلن_يعني_كلن #لبنان_ينتفض Permalink 3:59 AM – 15 Nov 2019

@nntaleb Full paper (2nd revision) is here https://arxiv.org/abs/1907.11162   Permalink 3:47 AM – 15 Nov 2019

@nntaleb Typo: (“incl Gold” shd be “excl. Gold”), but P/L (actual negative bleed) must me much > $5 bn. Ref: Toufic Gaspard’s note. pic.twitter.com/Ip0a0US4BP Permalink 5:53 AM – 14 Nov 2019

@nntaleb My talk tomorrow. Riad’s Ponzi has been depleting reserves at a yuuuuge rate & borrowing to preserve a harmful “peg”. BDL has liabilities >$86 bil costing huge carry and assets <$40bil (incl. gold) earning <1%. On top of the fiscal deficit Riad’s Ponzi is costing>$5 bil/year https://twitter.com/EHSANI22/status/1194968612940996608   Permalink 5:32 AM – 14 Nov 2019

@nntaleb Revised the paper on the misfitness of binary predictions in real life (and the nonsense in many psychological claims) @spyrosmakrid pic.twitter.com/owoC1TWEjV Permalink 4:35 AM – 14 Nov 2019

@nntaleb Our (non naive) precautionary principle page. https://www.fooledbyrandomness.com/PrecautionaryPrinciple.html   Permalink 2:27 PM – 13 Nov 2019

@nntaleb You cannot possibly give Aoun the benefit of the doubt. He is, besides, talking to citizens as if they were his SUBJECTS, or a general’s subordinates. https://twitter.com/Fadi_Ramadan/status/1194740505713807360?s=20   Permalink 2:23 PM – 13 Nov 2019

@normonics There are moments where I almost feel pity on a guy like this But invariably they re-reveal themselves Steven Brainiac Pinker: “If you don’t recite my corporate propaganda you are a mindless killer” What a f**ing piece of trash. https://twitter.com/sapinker/status/1194449088185454592   Permalink 9:35 AM – 13 Nov 2019

@nntaleb Aoun seems to see the protests as some transitory annoyance –he appears to be irritated by the messenger. Permalink 7:34 AM – 13 Nov 2019

@nntaleb Optionality and the Intellectual Life: In Gratitude for the Real World Risk Institute #RWRI 12 https://www.frontporchrepublic.com/2019/11/optionality-and-the-intellectual-life-in-gratitude-for-the-real-world-risk-institute/   Permalink 6:42 AM – 13 Nov 2019

@nntaleb Indeed I listened to his interview. That’s what he said. And, what is worse, what he meant. Permalink 6:09 AM – 13 Nov 2019

@nntaleb President Michel Aoun You said that those who don’t like the government should emigrate. I am doing the exact reverse. I left 43 years ago. I am now in transit to Beirut, just to make sure YOU emigrate. #LebanonProtests cc:@Gebran_Bassil #لبنان_ينتفض pic.twitter.com/yM2vZybypr Permalink 4:55 AM – 13 Nov 2019

@nntaleb FORMAL INVITATION. First come first served pic.twitter.com/gNmMthVM5A Permalink 1:27 AM – 13 Nov 2019

@nntaleb Anatomy of a state Ponzi. These are largely accumulated phantom interest earnings. Salameh killed the Lebanese economy. Scammer!!! https://twitter.com/ehsani22/status/1191790897387769856   Permalink 4:21 PM – 12 Nov 2019

@nntaleb Lesson from Riad Salameh’s incompetence: No central banker should ever try to print money in a foreign currency. Permalink 11:49 AM – 12 Nov 2019

@otrasenda_AC Who else started to DL because reading @nntaleb ? i did https://twitter.com/AntonioSerbia/status/1194295926938095619   Permalink 11:23 AM – 12 Nov 2019

@nntaleb Owing to the responses, USJ will be using a different amphitheater >500 pple; a new announcement will be posted tomorrow. [Also note that your twitter response is not a reservation but a market assessment; it is still first come first served] Permalink 9:23 AM – 12 Nov 2019

@PaulSkallas Here’s some Libanius pic.twitter.com/2rQFRZsxeE Permalink 7:23 AM – 12 Nov 2019

@nntaleb Lghtak hiyyé l bt7ké ma3 immak. Msh lghét l sa7ra lb3idé. #Localism #Lma7alliyé Permalink 4:53 AM – 12 Nov 2019

@nntaleb Please make sure to confirm attendance. pic.twitter.com/PCB2KoXbsD Permalink 3:31 AM – 12 Nov 2019

@nntaleb My lecture, Friday 6 PM “From Ponzi to Localism” USJ School of Medicine Please confirm on Twitter so we can predict attendance. LANGUAGE: Lebanese pic.twitter.com/aFdVZYf5BX Permalink 1:46 AM – 12 Nov 2019

@nntaleb Yes, formalized here see my paper on Antifragility in medicine https://arxiv.org/pdf/1808.00065.pdf   https://twitter.com/npandey25/status/1193902978693881857   Permalink 7:22 AM – 11 Nov 2019

@Stefano_Peron kernel Mutual information in cluster matrix. Tnx to @financequant @nntaleb pic.twitter.com/9TrhAhdNVR Permalink 6:37 AM – 11 Nov 2019

@nntaleb WE MUST STOP SALAMEH NOW! #RiadPonzi Salameh MUST suspend payments on the Eurobond & declare a moratorium. This is outright theft from Lebanese citizens. Send to your friends! Will discuss further on Friday evening 6PM in Beirut #lebanonprotest #لبنان__ينتفض Permalink 6:27 AM – 11 Nov 2019

@MauriceMassaad I work in a Leb co. that manufactures steel shelving solutions. 10 y ago we started exporting to difficult countries in Europe, Africa, ME. I personally spent 4 y trying to convince a French company to join us … with success! Now we are not able to deliver. Thank you. Permalink 4:52 AM – 11 Nov 2019

@nntaleb When you are scared, it is impossible to hide it, no matter how hard you try. Permalink 4:19 AM – 11 Nov 2019

@nntaleb CURRENT TWITTER ACTIVISM +#Localism & anti geopolitical BS vendors/Arabist fascism), & #lebanonprotest +#RiadPonzi +Pseudostatistics, esp. #Quilletbeciles/Neonazis/Eugenists w IQ claims & other #Alt-Right #Nordicists +#Nudge Finished: #Monsanto, #SaudiBarbaria, #Econometrics Permalink 4:09 AM – 11 Nov 2019

@nntaleb We don’t have to avoid imports, but the local industry became …just banks. I want #RiadPonzi to pay for it. #لبنان_ينتفض #LebanonProtests Permalink 3:58 AM – 11 Nov 2019

@nntaleb Salameh’s Ponzi killed the Lebanese economy: small businesses, anything that could provide exports or mitigate imports has been crowded out. #RiadPonzi #لبنان_ينتفض #LebanonProtests Permalink 3:50 AM – 11 Nov 2019

@nntaleb Salameh is criminally incompetent. And, of course, a liar. #لبنان_ينتفض #LebanonProtests https://twitter.com/DailyStarLeb/status/1193854637788545024   Permalink 3:37 AM – 11 Nov 2019

@OddmundGrotte Skin In The Game: Family/Owner-Operated Companies Perform Better? https://seekingalpha.com/article/4303077-skin-game-family-owner-operated-companies-perform-better   Permalink 2:04 AM – 11 Nov 2019

@nntaleb Friends, looking for a Madoff expert to figure out how they finally allocated the losses. #Ponzi #LebanonProtests #لبنان__ينتفض Permalink 3:40 PM – 10 Nov 2019

@TalebWisdom “Wisdom isn’t about understanding things (& people); it is knowing what they can do to you.” – Nassim Nicholas Taleb #wisdom Permalink 1:10 PM – 10 Nov 2019

@nntaleb Good news that Western newspapers are not reporting on #LebanonProtests. Why? Journos only get geopolitics & this is (still) a localist anti-geopolitical revolt. Trick by BS vendors (eg @tomfriedman) who understand nothing is make things geopolitical. (See #TheBlackSwan) Permalink 12:05 PM – 10 Nov 2019

@justinowings What’s lost in the climate debate? Pushing models and trusting experts _undermines_ the argument for caution. Alternative argument: Set the science aside. Lean on decision making under uncertainty—something everyone understands. “We have only one planet.” So don’t f**k it up. https://twitter.com/nntaleb/status/1193545813785530370   Permalink 7:35 AM – 10 Nov 2019

@Lekapenos 1) I’m going to continue ridiculing the “muh steppe” quasi-Nordicists here: “The genetic basis of a number of physical features of the Yamnaya people were ascertained by the ancient DNA studies conducted by Haak et al. (2015), Wilde et al. (2014) and Mathieson et al. (2015): Permalink 5:56 AM – 10 Nov 2019

Silver Rule, Charles Murray, Localism, LEBANON, Mariana Mazzucato, UBI, REITS, I MADE A MISTAKE, Corruption, Peterson, IQ, Stefan Molyneux, Aquavit, Swedes | Twitter

I deposited my last business tie in the garbage can at the corner of 48th St and Park avenue in December 1993, only kept ones for funerals.
Since then wore no tie at 10 Downing, White House, etc. Below with 12 (former) heads of state-cum-tie guests of Nursultan Nazarbaev.

@TalebWisdom “Complaints don’t deliver complaints, they mostly reveal your weakness.” – @nntaleb Permalink 5:49 AM – 7 Nov 2019

@nntaleb Hint: The Golden Rule is NOT Lindy. See Isocrates’ rule. https://twitter.com/fpingham/status/1192417188113764352?s=20   ” target=”_blank”>http://pic.twitter.com/Phku3tSBjz”>  pic.twitter.com/Phku3tSBjz Permalink 4:26 AM – 7 Nov 2019

@nntaleb Tonight’s Lecktshur at @LAUNYHQ, I present the problem of the Golden rule: intrusive, vs. Silver Rule. #Localism= Silver Rule, rejection of golden rule. #Lebanon Nobody should ever force you into something “because it is good for them”. pic.twitter.com/gkIpz0ivOk Permalink 4:17 AM – 7 Nov 2019

@Mangan150 Big Food – the largest global food corporations – and what they make. They turn cheap sugar, seed oils, and refined grains into profit. A big impetus behind the vegan push. pic.twitter.com/36OpQRzNFl Permalink 1:26 PM – 6 Nov 2019

@thegeforum Nassim Taleb says the hedge fund industry is the correct model for investment management… “dont tell me what you recommend… tell me what you own”. Hedge fund managers eat their own cooking! This from a man not accustomed to giving compliments! pic.twitter.com/0XWhr32TiZ Permalink 10:18 AM – 6 Nov 2019

@nntaleb When you say something you think are just saying something, but you are largely communicating *why* you had to say it. Permalink 6:05 AM – 6 Nov 2019

@joebrownheretic When a P/L is involved, there is an incentive to make things as simple as possible. When a P/L is not involved, the incentive is to make things as complicated as possible. – @nntaleb https://twitter.com/stalingrad_poor/status/1191740023265091584   Permalink 4:13 PM – 5 Nov 2019

@joebrownheretic When a P/L is involved, there is an incentive to make things as simple as possible. When a P/L is not involved, the incentive is to make things as complicated as possible. – @nntaleb https://twitter.com/Stalingrad_Poor/status/1191740023265091584   Permalink 4:13 PM – 5 Nov 2019

@novak_ma Few months ago I read Fooled by Randomness by @nntaleb and deleted my stock watch app from phone. I checked my stocks just once since then. Feels good. Permalink 9:20 AM – 5 Nov 2019

@nntaleb BTW, Charles Murray @charlesmurray, just a little reminder that you are an impostor, a fake scholar, a fraud. https://twitter.com/nntaleb/status/1162105686848880640   Permalink 7:46 AM – 5 Nov 2019

@nntaleb When as****les call you “arrogant”, you are on the right side of ethics. https://twitter.com/fadesingh/status/1191740272704573440   Permalink 7:45 AM – 5 Nov 2019

@nntaleb Just found a mistake in my paper concerning the @spyrosmakrid M4 competition (as I had the wrong description): the testing metric is always thin tailed EVEN if the underlying variable is fat tailed. pic.twitter.com/VOwRRgWDUZ Permalink 6:40 AM – 5 Nov 2019

@nntaleb The incoherent fellow (an ethnic Druze chieftain claiming to be socialist) is a specimen of someone who lives in the wrong century & fails to understand #localism. Pple are more interested in electricity & public services than geopolitical incantations. https://twitter.com/walidjoumblatt/status/1191665339945361410   Permalink 4:31 AM – 5 Nov 2019

@Decafquest On people who are afraid of cameras by @nntaleb: Relevant today more than ever. pic.twitter.com/647tMUjhmo Permalink 3:41 AM – 5 Nov 2019

@TalebWisdom “We learn the most from fools … yet we pay them back with the worst ingratitude.” – Nassim Nicholas Taleb Permalink 10:35 PM – 4 Nov 2019

@nntaleb Religious Fundamentalists (including atheist fundamentalists) aren’t just usually morbidly stupid; they can be detected by the total absence of any sense of humor. https://twitter.com/maxabrahms/status/1191487729407873026   Permalink 5:42 PM – 4 Nov 2019

@nntaleb Localism is the new … communism Permalink 3:28 PM – 4 Nov 2019

@nntaleb Voila. The informal title is “ Localism, Complexity, and busting the BS by IYIs ” Please let me know if you are joining. https://twitter.com/launyhq/status/1191453179629715456?s=21   Permalink 1:26 PM – 4 Nov 2019

@LAUNYHQ Join @nntaleb at #LAUNYHQ 5:30-7pm Thursday evening Nov 7 for a pop-up seminar on Localism and its Application to Lebanon – space is limited, first come first serve, register here https://www.eventbrite.com/e/localism-and-its-application-to-lebanon-tickets-80078479889   Permalink 12:32 PM – 4 Nov 2019

@nntaleb Please indicate in this thread if you wish to come. Limited to people involved in the Lebanese situation. This is not about #Localism in general rather its application to Lebanon. (Swiss specialists welcome to join as CH is the model for multiethnic multireligious localism) https://twitter.com/nntaleb/status/1191152050471677953   Permalink 7:02 AM – 4 Nov 2019

@nntaleb NEW VERSION Principia Politica #Localism https://www.academia.edu/38433249/Principia_Politica   Permalink 4:38 AM – 4 Nov 2019

@nntaleb Naive universalism attracts IYIs and self-righteous psychopaths https://twitter.com/yhazony/status/1191165326249070594   ” target=”_blank”>http://pic.twitter.com/98JaV4R7vH”>  pic.twitter.com/98JaV4R7vH Permalink 3:45 AM – 4 Nov 2019

@nntaleb Friends, I will present #LOCALISM with respect to #Lebanon next Thursday at 5:30 in New York (before I leave NY for the Republic of Amioun). An application of PRINCIPIA POLITICA https://www.academia.edu/38433249/Principia_Politica   Venue to be confirmed #LebanonProtest Permalink 4:35 PM – 3 Nov 2019

@levelsio “For I have a single definition of success: you look in the mirror every evening, and wonder if you disappoint the person you were at 18, right before the age when people start getting corrupted by life. Let him or her be the only judge; not your reputation” – @nntaleb Permalink 9:57 AM – 3 Nov 2019

@nntaleb I can understand someone defending Iran against Salafis/Saudi Arabia. Never anyone -supporting Iran’s regime in the murders of Iraqi youths -supporting Iranian interference in the #Lebanonprotest, largely by youths FED UP w/their exploitation for geopolitics. #Localism Permalink 8:48 AM – 3 Nov 2019

@nntaleb #RWRI 12 https://twitter.com/Firsou/status/1190426291515908098   Permalink 6:43 AM – 3 Nov 2019

@financequant To all at RWRI 12, travel safely. It was a pleasure to work with you. Permalink 6:19 PM – 2 Nov 2019

@trishankkarthik @nntaleb summarizing Wolfram’s Principle of Computational Equivalence at #RWRI Any two systems that display non-trivial behavior are just as sophisticated as each other in terms of range of computation (not speed or memory) Deep implications for IQ pic.twitter.com/hK9RZizT1D Permalink 2:15 PM – 1 Nov 2019

@nntaleb Skin in the Game @tarekmilleron American Airlines flight attendants stand up to Boeing CEO on 737 MAX https://reut.rs/2qcPPz6   Permalink 11:17 AM – 1 Nov 2019

@Firsou Sh3aybiyé at #RWRI ! https://twitter.com/firsou/status/1157585257073430529?s=21   ” target=”_blank”>http://pic.twitter.com/l36yXHk69X”>  pic.twitter.com/l36yXHk69X Permalink 10:10 AM – 1 Nov 2019

@Heinonmatti Hey, @VergilDen is here! Banking system moves from right to left in the network fig –> vulnerability to targeted attacks. [Hope he talks about fighting later.] #RWRI pic.twitter.com/4Q1NvpvtLz Permalink 8:38 AM – 1 Nov 2019

@nntaleb LEBANON A bit of empiricism French and UK voters send their “heroes” Churchill and De Gaulle home after the war. Same with Bush the elder after the successful Persian Gulf war. War arguments & “resistance” do not register during periods of peace. #LebanonProtests #لبنان_ينتفض Permalink 8:37 AM – 1 Nov 2019

@Firsou “It’s unnatural to prepare” I agree 100%. Never prepared for a presentation while I was being told “you need to have notes”. If you need 10 pages of notes why should anyone listen to you? #RWRI Permalink 6:14 AM – 1 Nov 2019

@nntaleb LEBANESE LIRA I hear that the Lira is trading at ~ 1675. No worries. A 10% deval. is nothing since the Lira commands much higher int rates than USD. [A holder of LIRA would still be profitable.] Even a 50% deval. would just cover the last few years of interest r differential. Permalink 5:46 AM – 1 Nov 2019

@RubenGao Don’t f*** with the tail! pic.twitter.com/HGw2rBpriO Permalink 5:41 AM – 1 Nov 2019

@arisroussinos Via Facebook, Oxi Day celebration by the Greek Orthodox community of Damascus, part of the Patriarchate of Antioch, among the last surviving Greeks of Syria pic.twitter.com/BpvGRoIG2V Permalink 2:52 AM – 1 Nov 2019

@birdxi1988 A great day at #RWRI @nntaleb mentioned the link between Kelly Criterion and entropy as well as why tail fitting is more an art than a science! pic.twitter.com/4S1CD5ptxI Permalink 3:57 PM – 31 Oct 2019

@Heinonmatti @nntaleb continues; you can rule out Gaussian distributions by observing one outlier, which would be ~impossible under the Gaussian, but much much more common under another distribution. Another way is to rule out based on physiological / biological bounds. #RWRI pic.twitter.com/UsZFsVHgQd Permalink 2:06 PM – 31 Oct 2019

@nntaleb #RWRI 12 An explanation for fat tails from feedback loops: “Abyssus abyssum invocat” תְּהוֹם-אֶל-תְּהוֹם קוֹרֵא Permalink 8:15 AM – 31 Oct 2019

@nntaleb #RWRI 12 https://twitter.com/trishankkarthik/status/1189905740825288705   Permalink 7:09 AM – 31 Oct 2019

@nntaleb #RWRI 12 https://twitter.com/trishankkarthik/status/1189906294725120000   Permalink 7:09 AM – 31 Oct 2019

@nntaleb #RWRI 12 https://twitter.com/NonMeek/status/1189879515511754753   Permalink 6:13 AM – 31 Oct 2019

@TalebWisdom “Try to be predictable to your friends and unpredictable to your enemies, rather than the opposite.” – @nntaleb Permalink 4:15 AM – 31 Oct 2019

@nntaleb 4/n Problem of teleology: the French Gov. started explicitly an internet (Minital) and failed, what survived is the side effect of a military application. @MazzucatoM: Given the % of GDP by government, what % of innovation came from government? Didn’t gov displace private invt? Permalink 10:06 AM – 30 Oct 2019

@nntaleb 3/n @mazzucatoM claimed that by attending Princeton high school she attended a “state school”. Scale effect: it’s a school for the residents of the commune, equivalent in its functioning to a private school. Permalink 10:01 AM – 30 Oct 2019

@nntaleb 2/n Govt bureaucrats are not boring & lacking in innovative drive because they didn’t study strategy in business schools (i.e. because of their education) as claimed by @mazzucatoM, rather boring people tend to work for government. Permalink 9:38 AM – 30 Oct 2019

@nntaleb 1/n Just listened on way to #RWRI the @econtalker podcast with @mazzucatoM about the government role in innovation “investor of first resort”. Will comment further after I read the book, but found many flaws in reasoning by Mazzucato: Permalink 9:36 AM – 30 Oct 2019

@TalebWisdom “Everything before the “but” is meant to be ignored by the speaker; and everything after the “but” should be ignored by the listener.” – Nassim Nicholas Taleb Permalink 8:25 AM – 30 Oct 2019

@nntaleb #RWRI https://twitter.com/gordo_68/status/1189549437821095936   Permalink 8:08 AM – 30 Oct 2019

@nntaleb #RWRI entropy pic.twitter.com/Hco7vTWOco Permalink 7:19 AM – 30 Oct 2019

@nntaleb #RWRI 12 : Robert Frey ⁦@financequant⁩ showing how the “blind watchmaker” (see book by BS vendor @richarddawkins) is improper characterization of evolution and complex systems: a watch half built is jot a watch. pic.twitter.com/iW8rn5XuIm Permalink 6:22 AM – 30 Oct 2019

@TalebWisdom “The cult of the youth (by the youth) results from an elementary logical fallacy. If 90% of successful innovations come from the young, less than 1/1000 of innovations by youth work. Statistically, youth correlates w/mediocrity, sloth, physical weakness, & lack of creativity.” Permalink 5:12 PM – 29 Oct 2019

@DrCirillo At #RWRI, @nntaleb, @financequant and @normonics are fighting over the best definition of entropy… I don’t see why, given that the best definition is mine : a pseudo-metric of distortion, whose interpretation varies with its generator. Permalink 12:45 PM – 29 Oct 2019

@DrCirillo Live from #RWRI, @normonics speaking about networks. pic.twitter.com/5Y1jtmVaWq Permalink 11:47 AM – 29 Oct 2019

@coordinatedsync #RWRI pic.twitter.com/wKmsJBVBjG Permalink 7:50 AM – 29 Oct 2019

@nntaleb The way political parties and militias self destruct. They can use weapons against ISIS and Israel, never against their own constituents. They are done. #لبنان__ينتفض #LebanonProtests pic.twitter.com/hXWWArIwCQ Permalink 5:23 AM – 29 Oct 2019

@aliciaparr Skin in the game also has an intrinsic moral appeal and aesthetic value: Real virtue isn’t cheap. And it turns out skin in one’s own game is a moral minimum; more admirable is skin in other people’s games—­altruism, or what he calls “soul in the game” Permalink 5:16 AM – 29 Oct 2019

@aliciaparr For Taleb, skin in the game is an expression of intellectual virtue. One isn’t actually thinking well if one doesn’t have some sense of accountability for the outcomes of one’s judgments. Permalink 5:14 AM – 29 Oct 2019

@NonMeek “Take all the risk you want but don’t f**k with the tail.” -@nntaleb That’s one central idea from yesterday’s #RWRI 12 starting session. BOOM Permalink 4:45 AM – 29 Oct 2019

@visualizevalue — @nntaleb pic.twitter.com/CJQRGHBkM9 Permalink 7:02 PM – 28 Oct 2019

@nntaleb Ramses XII Riad Salameh now blaming the messenger for revealing the Ponzi he orchestrated. He is implicitly using the currency as a threat. Instability is preferable to fake Ponzi stability. https://edition.cnn.com/videos/world/2019/10/28/beirut-lebanon-protests-riad-salame-becky-anderson-ctw-intl-ldn-vpx.cnn   Permalink 10:25 AM – 28 Oct 2019

@StartSocieties Excited for @nntaleb’s next book. Politics framed as a complex adaptive system totally changes political priorities. Let’s focus less on top down solutions, and more on building political systems that enable antifragile problem solving. #localism https://buff.ly/2MQMr5w   Permalink 9:56 AM – 28 Oct 2019

@nntaleb #RWRI 12 pic.twitter.com/aSrEOiRb5V Permalink 7:01 AM – 28 Oct 2019

@nntaleb #RWRI 12 pic.twitter.com/o0rMJZCTb9 Permalink 5:18 AM – 28 Oct 2019

@Jaffer22915438 To all #RWRI folks, wish I could be with you for my 6th visit…if nothing else to ask questions born from my confusion. Have fun! @nntaleb @financequant @normonics @trishankkarthik @VergilDen @Jed_Trott and the rest of the gang. Permalink 4:07 AM – 28 Oct 2019

@nntaleb Yes! https://twitter.com/HabibSHaddad/status/1188513669388349440   Permalink 11:14 AM – 27 Oct 2019

@nntaleb https://twitter.com/yaneerbaryam/status/1188496796110209029?s=20   Permalink 10:40 AM – 27 Oct 2019

@nntaleb A kind of network, but not desirable (one dimensional), but beats standard statist hierarchies. pic.twitter.com/XKhytgCC2i Permalink 9:23 AM – 27 Oct 2019

@nntaleb Beirut Madinati now writing IN LEBANESE! Congrats! #Localism #LebanonProtests https://twitter.com/BeirutMadinati/status/1188469504910774277   Permalink 8:11 AM – 27 Oct 2019

@nntaleb Same in Semitic languages: Heb עבודה = work, and עבד 3bd= to be a slave. https://twitter.com/GreekEtymology/status/1188080169292046337   Permalink 7:20 AM – 27 Oct 2019

@nntaleb I block idiots. Sorry, nothing personal. It is just to clean up my feed for a dialogue with minimum sophistry. Permalink 6:21 AM – 27 Oct 2019

@nntaleb coercion Permalink 5:59 AM – 27 Oct 2019

@nntaleb Trying to explain complexity and spontaneous order, with the “leaderless” Lebanese protests which baffles intellectuals, journos, Arabists, & other ignorant idiots looking for agency. #لبنان_ينتفص #Localism #LebaneseProtests https://twitter.com/Limportant_fr/status/1188364771504115712   Permalink 5:58 AM – 27 Oct 2019

@nntaleb Mr Ewan Birney @ewanbirney, sorry but you don’t understand the “quantitative trait” at all. @StuartJRitchie is, practically, analytically, a fraud who can fool someone who doesn’t know what correlation means. https://www.academia.edu/39797871/Common_Misapplications_and_Misinterpretations_of_Correlation_in_Social_Science_   https://twitter.com/ewanbirney/status/1187712684751511552   Permalink 11:23 AM – 26 Oct 2019

@rationalwalk If UBI was referred to as a negative income tax, which it actually is, and if replaces rather than is additive to welfare, it would be a hugely popular idea across the political spectrum, except among the bureaucrats who’d be out of a job. So they’ll demagogue this to death. Permalink 11:09 AM – 26 Oct 2019

@nntaleb THREAD on STATISM My problem w/”socialists” is that they are statists & intrusive, not pro-welfare. I am for a negative tax (minimum income)= to $$ spent on welfare, saving spending on bureaucrats. But they refuse because they want to DIRECT how ppple spend $ & pay cronies. Permalink 11:03 AM – 26 Oct 2019

@nntaleb CEMENT IN LEBANON. As in elsewhere, construction is a mafia business. Cement Imports are banned to benefit factories in Lebanon (that employ Syrian workers). Lebanese citizens pay TWICE the price for concrete. The margins are shared by the Kleptocrats. #Lebanon #لبنان_ينتفض Permalink 10:09 AM – 26 Oct 2019

@nntaleb Ἔλεγεν δὲ αὐτοῖς ὁ Ἰησοῦς ὅτι Οὐκ ἔστιν προφήτης ἄτιμος, εἰ μὴ ἐν τῇ πατρίδι αὐτοῦ, καὶ ἐν τοῖς συγγενέσιν καὶ ἐν τῇ οἰκίᾳ αὐτοῦ. Mark, 6 Never never try anything beyond nudging. https://twitter.com/Crimson28481571/status/1188138692034154498   Permalink 10:04 AM – 26 Oct 2019

@nntaleb We have so many capable people in the diaspora or ex-diaspora. Based on his track record, I propose @DrFadloKhuri as a member of the next cabinet. Or someone along such a profile. https://twitter.com/AUB_Lebanon/status/1187702093374803968   Permalink 7:32 AM – 26 Oct 2019

@PZalloua At the demonstrations today: “Lebanese Style” pic.twitter.com/w3EnHkGKca Permalink 6:48 AM – 26 Oct 2019

@nntaleb The point is that whatever is not worthless is psychology we already know from elsewhere. The issue: bad science is worse than no science. https://twitter.com/just_1_singh/status/1188082946772619264   Permalink 6:22 AM – 26 Oct 2019

@encrier improvised signs for today’s protest pic.twitter.com/V0uW0QgoMD Permalink 5:17 AM – 26 Oct 2019

@nntaleb People who were previous ashamed of writing in Lebanese feel now empowered to do so! Even Nasrallah spoke in Lebanese. From chaos you get a new order. #ComplexSystems #Localism #BottomUp #Lebanon #لبنان_ينتفض https://twitter.com/Marcellenassif/status/1188053343253479425   Permalink 4:49 AM – 26 Oct 2019

@nntaleb Over time for the sake of efficiency & owing to, say, preferential attachment, networks are pulled into the center, from unifom to power laws or maybe lognormal. The one of the left collapses. Centralized systems end up collapsing after pseudostability Explained in #TheBlackSwan Permalink 7:37 PM – 25 Oct 2019

@Cernovich Who are the five wisest living people today, in any country in the world? Permalink 4:34 PM – 25 Oct 2019

@nntaleb The problem with historical reporting is overestimation of agency: narratives require leaders so people are fooled by journos etc. about the exact process. Same overestimation of agency as the one in #fooledbyrandomness #لبنان_ينتفض Permalink 2:45 PM – 25 Oct 2019

@nntaleb To the left, how both Nasrallah, his enemies, & journalists think Lebanese Politics should work. To the right is how the protesters proved it works. Complex systems generatee spontaneous order. Progress lies in having NO leaders. #لبنان_ينتفص #Localism #LebaneseProtests pic.twitter.com/BBSy7tY91V Permalink 1:33 PM – 25 Oct 2019

@nntaleb The central aspect about the Lebanese riots is that there is no leader. #Localism https://twitter.com/nntaleb/status/1185929047441842177   Permalink 12:29 PM – 25 Oct 2019

@nntaleb Actually song in Lebanese #Localism https://twitter.com/jenanmoussa/status/1187797354268844032   Permalink 12:19 PM – 25 Oct 2019

@normonics @nntaleb look at the traction kanye talking about localism is getting. first, the self and mind, then the family, then the community, gardens, agriculture, etc. bottom up. local first. meme is sticking. Permalink 11:31 AM – 25 Oct 2019

@nntalebbot “What matters isn’t what a person has or doesn’t have; it is what he or she is afraid of losing.” – @nntaleb Permalink 4:30 PM – 24 Oct 2019

@ronaldchagoury Sooooo well said – I’ve never been able to put my finger on it, and this is so spot on. The resentment class who rarely have skin in the game Permalink 9:48 AM – 24 Oct 2019

@nntaleb Nobody seems to be getting what I am saying: The assets of the ETFs should be dropping, no? Easy/tight money affects real estate, not just ETF. Permalink 9:28 AM – 24 Oct 2019

@VergilDen And then make changes to the educational system as NNT points out in Principia Politica https://www.academia.edu/38433249/Principia_Politica   https://twitter.com/zerohedge/status/1187393313894273024   Permalink 8:43 AM – 24 Oct 2019

@nntaleb Can someone explain to me why the REITS are still rallying? Rates are net, net higher. https://twitter.com/NorthmanTrader/status/1187388458471440384   ” target=”_blank”>http://pic.twitter.com/8DcX4jkjJS”>  pic.twitter.com/8DcX4jkjJS Permalink 8:40 AM – 24 Oct 2019

@nntaleb Women in #Lebanon https://twitter.com/marcellenassif/status/1187361618541326336   Permalink 7:55 AM – 24 Oct 2019

@NYUFRE Don’t miss @nntaleb tonight at 6:30 p.m. in the Pfizer Auditorium at the Bern Dibner Library (5 MetroTech Center, Brooklyn, NY). https://bit.ly/2Pe4cNO   #NYUTandonMade @nyutandon https://twitter.com/NYUFRE/status/1187015193294987267   Permalink 7:36 AM – 24 Oct 2019

@mcclay_roman This page from you is framed and on the wall of my little container home. pic.twitter.com/nFCEujPQeo Permalink 7:33 AM – 24 Oct 2019

@nntaleb I do not wish to be considered for any official position in #Lebanon, so PLEASE remove my name. I prefer to help in other ways. This is the 3rd request. #LebanonProtests pic.twitter.com/xVMUqiB47s Permalink 7:33 AM – 24 Oct 2019

@nntaleb No, pple in Lebanon & elsewhere aren’t complaining abt “inequality”. The “inequality” is a claimm by the resentment class: journalists, academics (Pikety) & other losers. They want better conditions, governance, justice, accountability & skin in the game. https://medium.com/incerto/inequality-and-skin-in-the-game-d8f00bc0cb46   Permalink 4:17 AM – 24 Oct 2019

@paulportesi Missed this about a month ago. Very interesting data point. @nntaleb has mentioned how using ice for injuries has no scientific foundation if I remember correctly. Align to Nature. https://www.nytimes.com/2019/09/25/well/move/weights-muscles-cold-ice-bath-weightlifting-exercise-recovery.html   Permalink 11:28 PM – 23 Oct 2019

@nntaleb Joe @normonics will lecktshur at #RWRI about complexity and multiscale properties of “tings”. He has 54 minutes plus 11 Q&A. Raphael, @financequant myself, & others will heckle him (we can stand heckling). https://twitter.com/normonics/status/1187068911986118661   Permalink 4:00 PM – 23 Oct 2019

@nntaleb (cont) With Modi also no tie (twice). Only exception: the US Senate. They refused to let me testify without a tie, so I borrowed one. pic.twitter.com/bycwHwwFsT Permalink 2:00 PM – 23 Oct 2019

@nntaleb I deposited my last business tie in the garbage can at the corner of 48th St and Park avenue in December 1993, only kept ones for funerals. Since then wore no tie at 10 Downing, White House, etc. Below with 12 (former) heads of state-cum-tie guests of Nursultan Nazarbaev. pic.twitter.com/QV2R1BKDs9 Permalink 1:50 PM – 23 Oct 2019

@nntaleb These low-intellect Western Arabists trying to force their 1001 night identity on us don’t know that “merci” came to Lebanon via Turkish, Armenian, & Farsi. The Edward Said “collonial” is Total BS: the French spend 2 decades on a military mandate. pic.twitter.com/hT1JeZkR5n Permalink 1:36 PM – 23 Oct 2019

@nntaleb What if the army went after the people? Not many options #lebanonprotest https://twitter.com/danifromic/status/1187081376077619200   Permalink 12:35 PM – 23 Oct 2019

@nntaleb A heuristic to pick out a fraudster in #Lebanon, helpful for the selection of new ministers: 1) Wears a tie (hence empty suit), & 2) Speaks on TV in Classical Arabic (a dead Semitic language, similar to shouting in Medieval Latin in the UK Parliament). Permalink 10:58 AM – 23 Oct 2019

@nntaleb Lindy: the latest format and a #Lindy text pic.twitter.com/algPBvUhdW Permalink 10:49 AM – 23 Oct 2019

@shreyansh_jain1 That’s a foolish statement. The fundamental problem of food supply is food wastage. So it’s a supply chain mgt problem. It’s the other way around here. Organic farming takes more space to patch the quantity of wasted food. You desperately need lessons from @nntaleb. Permalink 9:30 AM – 23 Oct 2019

@nntaleb How the Lebanese State destroyed the economy [English subtitles, including the “Gabish”] https://twitter.com/BLebnene/status/1186693565872824321?s=20   Permalink 9:25 AM – 23 Oct 2019

@PZalloua This is how revolutions are made: Lebanese style! pic.twitter.com/aheiKcxIyb Permalink 9:16 AM – 23 Oct 2019

@nntaleb To repeat: If my enemies knew me better, they would hate me even more. [Bed of Procrustes] Permalink 8:05 AM – 23 Oct 2019

@nntaleb Proud of my Archbishop! Vacuum is better than what we currently have. pic.twitter.com/fuWaGwSBZw Permalink 7:46 AM – 23 Oct 2019

@NYUFRE Distinguished Professor of Risk Engineering, Nassim Nicholas Taleb @nntaleb, will present “The Statistical Consequences of Fat Tails” as part of the NYU FRE Lecture Series this Thursday at 6:30 p.m. in the Pfizer Auditorium. This event is open to the public. #NYUTandonMade Permalink 7:37 AM – 23 Oct 2019

@nntaleb 9- CORRECTION I MADE A MISTAKE Trusting Hariri’s claims of balanced budget. #Lebanon https://www.facebook.com/557151507/posts/10157358489701508?sfns=mo   Permalink 6:50 AM – 23 Oct 2019

@ShipSystem In Norway being a village local means so much for any job even over more qualified person from next village. Have u ever lived in Norway because ur tweet is 100% true. Maybe norwegians socialist on some aspects but super localist on most aspects. Permalink 6:03 AM – 23 Oct 2019

@nntaleb BernieSanderistas are trying to promote a fake idea of “Nordic Socialism”. Nordics are 1)Yuugely localists (see #Antifragile on communes); they empowered local lang [Danish, Norwegian, Swedish] & don’t call them “dialects of Nordic”. 2) Are NOT socialists [Soc. failed in 70s] Permalink 5:47 AM – 23 Oct 2019

@nntaleb Fuck, no. https://medium.com/east-med-project-history-philology-and-genetics/no-lebanese-is-not-a-dialect-of-arabic-e95320c164c   Permalink 5:10 AM – 23 Oct 2019

@nntaleb This is Arabic. Write to me in Lebanese. Permalink 5:06 AM – 23 Oct 2019

@nntaleb Bernie Sanders, stay out of this. You’re like a quack doctor who will kill the patient. The socialist (centralized statism) you are selling is what ruined Iraq, Syria, Egypt over the past 60 y. Lebn has little to do w/”Arab” Spring. Pple are fed up w/ kleptocracy/statism/Arabism https://twitter.com/SenSanders/status/1186762286507220994   Permalink 4:59 AM – 23 Oct 2019

@TulsiGabbard .@HillaryClinton, your foreign policy was a disaster for our country and the world. It’s time for you to acknowledge the damage you have caused and step down from your throne. http://tulsi.to/hillarys-disaster   ” target=”_blank”>http://pic.twitter.com/h2fl7ox0Rv”>  pic.twitter.com/h2fl7ox0Rv Permalink 2:56 PM – 22 Oct 2019

@nntaleb QUIZ DU JOUR Option traders might recognize some sort of butterfly pic.twitter.com/ca7Y9ZtJxh Permalink 2:25 PM – 22 Oct 2019

@Extrachelle An excellent book deserves a good LaTex bookmark #SITG @nntaleb pic.twitter.com/Hz9LxvkmA6 Permalink 10:08 AM – 22 Oct 2019

@nntaleb Can someone explain it to them? https://twitter.com/Humanityfirster/status/1186678737862975488   Permalink 9:49 AM – 22 Oct 2019

@ducavendish “the larger the central state, the more patronage.” Fucking brilliant. Still, people just don’t get it. https://twitter.com/nntaleb/status/1186633663506780162   Permalink 7:13 AM – 22 Oct 2019

@nntaleb Rest in peace, David Freedman. You were the first BS buster in statistics, and trained me to it. https://twitter.com/spyrosmakrid/status/1186642155110043649   Permalink 7:11 AM – 22 Oct 2019

@ektrit For anybody with knowledge of actual history like Taleb, #LOCALISM is how the world functioned until mid 19th century, with the implementation of nation-states in Europe. As perspective, the current global setting is just 200 years young out of 6000 years of documented history. https://twitter.com/nntaleb/status/1186634471887527937   Permalink 7:00 AM – 22 Oct 2019

@nntaleb You have a moral duty to write in the language of the population. The French parliament does not use Latin. Permalink 7:00 AM – 22 Oct 2019

@nntaleb I refuse to use ARABIC, an elite COERCIVE language not spoken by the population. If you want me to write in anything, I use Levantine in the Lebanese version. https://medium.com/east-med-project-history-philology-and-genetics/no-lebanese-is-not-a-dialect-of-arabic-e95320c164c   Permalink 6:57 AM – 22 Oct 2019

@nntaleb 8- WARNING I see that many Marxists/Socialists, Arabists & other intellectual fraudsters are trying to own the riots. The problem is that Socialist regimes worsen the problems (Nasser choked Egypt, Baath killed Syria/Iraq, Algeria). All these are Statists. Solution is #LOCALISM Permalink 6:24 AM – 22 Oct 2019

@nntaleb 8- WARNING I see that many Marxists/Socialists, Arabists & other intellectual fraudsters are trying to own the riots. The problem is that Socialist regimes worsen the problems (Nasser choked Egypt, Baath killed Syria/Iraq, Algeria). All these are Statists. Solution is #LOCALISM Permalink 6:24 AM – 22 Oct 2019

@nntaleb 7- SOLUTIONS It would be nice to but some kleptocrats in jail, particularly that funds are traceable. This will happen. But it is PATRONAGE that needs to go. Let me repeat, PATRONAGE! This can ONLY happen via decentralization as the larger the cental state, the more patronage. Permalink 6:21 AM – 22 Oct 2019

@nntaleb 6- People are angry because: a-they share the debt burden w/no benefits b-the Leb State messes up everything it touches, except security c-unlike Maluf, kleptocrats do not deliver The need for religious “harmony” allowed a multi-sect “elite” to milk the system to the bone. Permalink 6:18 AM – 22 Oct 2019

@nntaleb 5- (Cont some clarity about #Lebanon) Corruption doesn’t necessarily kill economic activity (Brazil’s Paulo Maluf “steals but delivers”). Except that the way the Petit Segneurons operate is to use their franchise by imposing yuuuge red tape: No electicity, no garbage collection! Permalink 6:08 AM – 22 Oct 2019

@nntaleb 4- The patronage system got out of control: government contracts grabbed by cronies, in a scheme orchestrated by people in/out of government, s.a. the Grand Segneura & many less visible Petit Segneurons populating ministries. Kleptocracy is traceable& illegal, not patronage! Permalink 6:02 AM – 22 Oct 2019

@nntaleb 3- Meanwhile the Gov is that of a federation, which is good (via healthy sectarianism) but government service is simply PATRONAGE, for each sect to get the max from the system. A healthier federation is to do it according to geography, via municipal power. Permalink 5:54 AM – 22 Oct 2019

@nntaleb 2- Luckily the Ponzi involves only 2 parties, Leb Gov (via Ramses XIII Salameh) & the banks. Hence easy non-inflationary cancellations w/clawbacks from those who made millions are possible. In the meanwhile Gov is taxing back the banks to cover secondary deficit, very smart move. Permalink 5:50 AM – 22 Oct 2019

@nntaleb #LEBANON, in Summary 1- Leb government got involved in a Ponzi (facilitated by Ramses XIII, Riad Salameh) that sucks up all funds from the system. People have no incentive to put $ (say inheritance from a childless maternal aunt) in a business; get >10% interest from the bank. Permalink 5:46 AM – 22 Oct 2019

@nntaleb Same with #Lebanon driving rules: except for speed, chaos is beneficial. Speed limits are necessary because of nonlinearity. From #Antifragile pic.twitter.com/mIp166DxZQ Permalink 5:26 AM – 22 Oct 2019

@nntaleb Waiting in line is not always efficient as it can cause traffic jams. At RWRI we recommend that people overcome these arbitrarily & unempirically derived English manners & avoid waiting in line at the buffet lunch. https://twitter.com/imleslahdin/status/1186551994892206080   Permalink 4:44 AM – 22 Oct 2019

@BLebnene On @reddit: https://www.reddit.com/r/lebanon/comments/dleyvl/technocracy_wont_solve_our_problems_we_need_a/?utm_medium=android_app&utm_source=share   Permalink 3:00 AM – 22 Oct 2019

@ofer_rubin After they fail those imbeciles NEVER forget to say “this wasn’t real Socialist”, f**king utopia drug dealers. Permalink 4:14 AM – 21 Oct 2019

@nntaleb No. Very naive topdownism. Every degree of complexity reduces odds of success by 1 order of magnitude @lebaneselingui1 https://twitter.com/lebaneselingui1/status/1185972215382249476   Permalink 10:42 AM – 20 Oct 2019

@DarkoAlexandar Cuánto de esto aplica también acá en #chile https://twitter.com/nntaleb/status/1185928446062542848   Permalink 10:25 AM – 20 Oct 2019

@nntaleb Riad Salamé, let me know when we can talk. We need to discuss the Ponzi you helped organize (and what the exact numbers are). There is no way citizens should inherit such a debt burden. Given that primary deficits are ~OK, you have some explanations to do. pic.twitter.com/Wr9NJhyAUj Permalink 9:39 AM – 20 Oct 2019

@nntaleb KLEPTOCRACY: It is important to note that corruption is NOT necessarily in the government (often composed of transient ministers) but deep in the opaque administrations. Which is why decentralization makes things salient. Permalink 8:22 AM – 20 Oct 2019

@nntaleb People in #Lebanon are figuring out spontaneous crowdd order. https://www.academia.edu/38433249/Principia_Politica   ” target=”_blank”>http://pic.twitter.com/hTNC0olXIw”>  pic.twitter.com/hTNC0olXIw Permalink 7:41 AM – 20 Oct 2019

@nntaleb LOCALISM in LEBANON pic.twitter.com/Bym65b0st4 Permalink 7:39 AM – 20 Oct 2019

@nntaleb 7ada 3am ystghll 2sset l léj2in! Hiyyé l mshklé yallé 2abado 3layon! https://twitter.com/XXVlllV/status/1185898997564751873   Permalink 6:22 AM – 20 Oct 2019

@Zzeghedrane Diaspora, this is our contribution to the uprising! Fund the people to keep going! Water, food, snacks, masks, whatever they need. $20 can give water to 60 protesters! Please share!! #LebDiasporaProtests #LebDiasporaFunds #لبنان__ينتفض https://www.gofundme.com/f/1sdqrcksqo?utm_medium=social   Permalink 6:20 AM – 20 Oct 2019

@nntaleb Question is whether “Baabda vaut bien une messe”. (Henry IV converted to Catholicism to become King of France. He didn’t have a Greek Orthodox mother.) Beyond the joke, under the LOCALISM program, the president is a mere clerc, as in Switz. Lower rank than mayor of Amioun. https://twitter.com/Extrachelle/status/1185492162470916097   Permalink 4:56 AM – 20 Oct 2019

@semperfidem2004 Another excellent argument for #Brexit. Nothing at all “shows very easily” in the EU https://twitter.com/nntaleb/status/1185513868921049088   Permalink 3:05 AM – 20 Oct 2019

@AdibChristian Lebanese in Boston, Tomorrow, Sunday the 20th, starting at 4 PM in front of the Boston Public Library – Copley Square Protest with us! Bring your flags and signs! Spread the word to your Lebanese in Boston metro! #LebDiasporaProtests #لبنان_يثور #لبنان_ينتفض #يا_ثوار_الارض pic.twitter.com/QM9HoudTGx Permalink 6:18 PM – 19 Oct 2019

@nntaleb Rioting Lebanese style https://twitter.com/nxbeeel/status/1185611015842607104   Permalink 5:17 PM – 19 Oct 2019

@AdibChristian Petition to get the ball rolling on this with @nntaleb https://twitter.com/hachemyassin/status/1185707172476456960   Permalink 5:16 PM – 19 Oct 2019

@HachemYassin Admittedly this needs a lot of work on the ground. M people became accustomed to think they are entitled to things from the state, with the famous “wayniyye l dawle” cliche. dawle is there, but it is the problem,not the solution.sadly, protestors think the state shld provide jobs Permalink 5:06 PM – 19 Oct 2019

@nntaleb 2) The current villains (Siniora, Berri, Basil) will, over time, look much more like villains, whether justified or not. Salamé will, of course, be dragged through the mud. #Lebanon PS- I spend a week per month there but missed events because of #RWRI 12 Permalink 4:02 PM – 19 Oct 2019

@nntaleb RIOTING LESSON 101; When rioters win concessions from the governement, they ask for more. #Lebanon 1/n Permalink 12:17 PM – 19 Oct 2019

@dzviovich Concentration of wealth is an emergent property of a complex system such as the economy. https://bit.ly/2oVYyFs   . It is also a property of rent seeking societies. The other emergent property, social mobility, will not show up. Picketty and friends seem to ignore this… Permalink 5:41 AM – 19 Oct 2019

@nntaleb Only in Lebanon. https://twitter.com/melodielaggaffe/status/1185528761426599936   Permalink 5:38 AM – 19 Oct 2019

@jadabdala a phoenician mediterranean saturday – Lebanon – le phénix renait de ses cendres pic.twitter.com/5zQ6yCQVMH Permalink 4:34 AM – 19 Oct 2019

@TulsiGabbard Great! Thank you @HillaryClinton. You, the queen of warmongers, embodiment of corruption, and personification of the rot that has sickened the Democratic Party for so long, have finally come out from behind the curtain. From the day I announced my candidacy, there has been a … Permalink 1:20 PM – 18 Oct 2019

@nntaleb Friends, a lecktshur open to the public next Thursday. But it will be mathematical, so non-quants please refrain. Based on my new book, Vol 1 of the TECHNICAL INCERTO. https://www.academia.edu/37221402/STATISTICAL_CONSEQUENCES_OF_FAT_TAILS_TECHNICAL_INCERTO_COLLECTION_   ” target=”_blank”>http://pic.twitter.com/yhp3OdC62H”>  pic.twitter.com/yhp3OdC62H Permalink 6:42 AM – 18 Oct 2019

@nntaleb For those not used to Twitter language (or aphorisms), “it’s not” should be translated into academic discourse unburdened with space constraints as “not necessarily so”. Permalink 9:05 AM – 17 Oct 2019

@nntaleb One hitch: Donaldo’s letter is closer to that of the Sultan than to the response by the Cossacks. Permalink 7:23 AM – 17 Oct 2019

@nntaleb Donaldo’s letter to Erdogan will be remembered in international affairs as the 2019 version of the Cossaks letter to the Ottoman Sultan Mehmed IV. pic.twitter.com/qzA4jLZgP5 Permalink 6:22 AM – 17 Oct 2019

@nntaleb Infrastructure is commonly held to be a good thing. It’s not. It creates winner-take-all effects in communication. https://twitter.com/Firsou/status/1184692165345267712   Permalink 5:23 AM – 17 Oct 2019

@nntaleb Treating George W. Bush as an authority on peace and stability is similar to relying on a drunk driver (while drunk) as the expert on road safety. https://twitter.com/joshrogin/status/1184611576378265600   Permalink 6:27 PM – 16 Oct 2019

@nntaleb In 2008 I held that something as absurd as the pseudo-Nobel in economics would end self-destructing. No point fighting it: it would collapse under the weight & monstrosity of the fraud. You can’t fool people forever. 2019 did the job. Permalink 6:01 PM – 16 Oct 2019

@nntaleb Sanctions work with countries like Turkey & China that depend on the West, not with Iran/Syria after 40 years of autarchy. The mere threat made the currency collapse. Permalink 5:31 PM – 16 Oct 2019

@nntaleb I am impressed. The economic weapon is a much, much more effective one than the military one. We are no longer in 1936. Trump got it. https://twitter.com/DaniFromIC/status/1184575524389163008   Permalink 2:28 PM – 16 Oct 2019

@normonics All over the world, you see a common theme: Decentralization is a threat to the ruling classes. https://twitter.com/CatalansForYes/status/1184558211988447232   Permalink 1:01 PM – 16 Oct 2019

@nntaleb The fastest way to become rich is to socialize with the poor; the fasted way to become poor is to socialize with the rich. Permalink 7:29 AM – 16 Oct 2019

@nntaleb Peterson is a charlatan. https://twitter.com/MZAntonius/status/1184320883285995521   Permalink 7:28 AM – 16 Oct 2019

@yaneerbaryam Antidepressants and other psych meds are personality change operations. Medicine/psychiatry/psychology are in a primitive state and do not understand context-individual complexity. Meds should be used only as a last resort. @MichaelSagnerMD @nntaleb See https://amazon.com/Psychologys-Ghosts-Crisis-Profession-Back/dp/0300178689   Permalink 5:16 AM – 16 Oct 2019

@Jaffer22915438 Well oh well… Tulsi the most searched candidate in 49/50 states yesterday. Seems like #UnusualAmericans want to know more about her. https://twitter.com/TulsiGabbard/status/1184324191119724544   Permalink 4:58 AM – 16 Oct 2019

@nntaleb This guy is a fraud. https://twitter.com/ascendantpower/status/1184105213675921410   Permalink 3:23 PM – 15 Oct 2019

@NonMeek This #Offshorecomic strip was done in collaboration with & inspired by @sean_a_mcclure‘s https://medium.com/@seanaaron100/intelligence-complexity-and-the-failed-science-of-iq-4fb17ce3f12   Thanks for your brilliant inputs, Sean! #IQ #circularity cc: @nntaleb @normonics @trishankkarthik ” target=”_blank”>http://pic.twitter.com/Li0lnvP0eb”>  pic.twitter.com/Li0lnvP0eb Permalink 10:57 AM – 15 Oct 2019

@Prof_BearB Nice piece. Brings to mind a point that I didn’t make in my book: if I (and @aaronclauset and @nntaleb + @DrCirillo) are right about the absence of decline and @tanishafazal is right about battle deaths, we’re actually *trying* to kill a lot *more* people today than we used to. https://twitter.com/ProfPaulPoast/status/1184116033872891904   Permalink 8:03 AM – 15 Oct 2019

@ryanckulp everything by @nntaleb. each loop = 1% absorbed https://twitter.com/eriktorenberg/status/1183792839299235840   Permalink 7:04 AM – 15 Oct 2019

@nntaleb M7n vs Manyaké as described by @Confusezeus You call a number, ask for Joseph: – “Jozef Khouré hon?” – Wrong number. Call again, same thing. That’s “m7n”. Call 3rd time: Hi, I am Jozef Kouré. Did anyone call for me? That’s manyaké. Permalink 6:04 AM – 15 Oct 2019

@nntaleb PHILOLOGY DU JOUR The most untranslatable word I know: “M7n” in Lebanese. Unlike other untranslatable expressions, you cannot even easily describe what it is. Permalink 5:54 AM – 15 Oct 2019

@nntaleb Be stubborn https://twitter.com/Seananocoistin/status/1184038568966144001   Permalink 3:29 AM – 15 Oct 2019

@sahouraxo A short little history of war propaganda: Vietnam 1964 – Gulf of Tonkin incident Gulf War 1990 – Incubator Babies Iraq War 2003 – Imaginary WMDs Libya 2011 – Nonexistent massacres in Benghazi #Syria 2019: Video from a Kentucky military show passed off as Syrian war footage https://twitter.com/gizmodo/status/1183773245163687936   Permalink 5:43 PM – 14 Oct 2019

@nntaleb Those with brains no balls become mathematicians, those with balls no brains join the mafia, those with no balls no brains become economists (unless they have mental issues, in which case they become psychologists). And those with brains and balls become ____? Permalink 10:31 AM – 14 Oct 2019

@nntaleb Those with brains no balls become mathematicians, those with balls no brains join the mafia, those with no balls no brains become economists. And those with brains and balls become ____? Permalink 10:27 AM – 14 Oct 2019

@nntaleb Good news: > 100,000 lawsuits. Engaging in systematic iatrogenics is becoming very unprofitable. After Monsanto, J&J, now waiting for statins, seed oil, etc. https://www.wsj.com/articles/johnson-johnsons-legal-challenges-mount-11571055242?shareToken=st588f2ec699f14312a493edf4bde4220b   via @WSJ Permalink 10:26 AM – 14 Oct 2019

@nntaleb THREAD on How the Nazis (& predecessors) created a link with (some of) the Mediterranean populations, to manufacture a common “race” with former Barbarians and a continuum of civilization. Chapoutot, thanks to recommendation by @holland_tom pic.twitter.com/KEdcKrbFHb Permalink 9:51 AM – 14 Oct 2019

@nntaleb Voila, there don’t seem to be many other f(x). pic.twitter.com/G9u0CU21Ns Permalink 6:55 AM – 14 Oct 2019

@nntaleb Math QUIZ du jour. (Please refrain from commenting outside the exact topic.) pic.twitter.com/jsQuIsC7GS Permalink 4:51 AM – 14 Oct 2019

@newtgingrich Why is the left so afraid of Tulsi Gabbard? I don’t understand the viciousness of the atatacks on her by the NY Times and others. Permalink 2:25 AM – 14 Oct 2019

@nntaleb Η ελληνική καταγωγή των Ρωμιών της Συρίας που σήμερα σφαγιάζονται από τους μουσουλμάνους https://meaculpa.gr/apopsis/33837-i-elliniki-katagogi-ton-romion-tis-surias-pou-simera-sfagiazontai-apo-tous-mousoulmanous   Permalink 7:14 AM – 13 Oct 2019

@jun78th Scale transformation is so important a concept – so much mismatch in scale between problem and solution often. When mismatch is minimal, life flows richly. I do hope you are able to (successfully) educate a new generation on scale transformation Permalink 7:11 AM – 13 Oct 2019

@nntaleb The cat is out of the bag. Antifragile is no longer in my control. https://twitter.com/IvanBlecic/status/1183378277278388224   Permalink 6:47 AM – 13 Oct 2019

@nntaleb He got it! Hyperlinks are distracting. This is not. #Lindy! https://twitter.com/davidboxenhorn/status/1183260484121833472?s=20   Permalink 6:35 AM – 13 Oct 2019

@nntaleb For COMMENTS pic.twitter.com/eTMMitpVsP Permalink 5:49 AM – 13 Oct 2019

@nntaleb In the PRINCIPIA I explain that people used to welcome individuals but reject groups qua groups (cf hospitality of Arab tribes for n<5 pple, hostility otherwise). They still do but are confused about it. “Racism” is not scale-free. https://twitter.com/teddyjwhitman/status/1183362653022048256   Permalink 5:46 AM – 13 Oct 2019

@nntaleb Eveentually, this pic.twitter.com/1FxmBnhTRg Permalink 4:55 AM – 13 Oct 2019

@nntaleb When you ask people what restaurant they *would* like, they answer: comfortable, not too noisy, with room & no wait. Yet they wait in line to pak in tiny rooms with yuuge noise levels & the mobility of the Tokyo subway car. Same for books. Make them dense. https://twitter.com/imleslahdin/status/1183336137391108096?s=20   Permalink 4:19 AM – 13 Oct 2019

@nntaleb (cont) pic.twitter.com/rbN8SyBFQq Permalink 4:13 AM – 13 Oct 2019

@nntaleb The inside: unfortunately one needs to break paragraphs manually pic.twitter.com/CHhlc5rXTR Permalink 4:13 AM – 13 Oct 2019

@nntaleb OK, smaller fonts in the margins. Note it is done in LaTeX @Firsou pic.twitter.com/ilN7fNdb6u Permalink 3:57 AM – 13 Oct 2019

@nntaleb Incidentally the “Tufte style” is neither Lindy, nor esthetic, nor convenient to read. Density on the page never detracts people and even increases motivation. See #Antifragile Permalink 3:35 AM – 13 Oct 2019

@bogdanosk Οι «Ρουμ» της Συρίας και του Λιβάνου ανήκουν στο (ελληνόφωνο ως το 1897) Ελληνορθόδοξο Πατριαρχείο Αντιοχείας. Έχουν ελληνική κληρονομιά που χρονολογείται από την ίδρυση της Αντιοχείας το 323 πΧ, καταγόμενοι από αρχαίους Μακεδόνες και βυζαντινούς Ρωμιούς. https://meaculpa.gr/apopsis/33837-i-elliniki-katagogi-ton-romion-tis-surias-pou-simera-sfagiazontai-apo-tous-mousoulmanous   Permalink 2:30 AM – 13 Oct 2019

@TalebWisdom “In any type of activity or business divorced from the direct filter of skin in the game, the great majority of people know the jargon, play the part, and are intimate with the cosmetic details, but are clueless about the subject.” – Nassim Nicholas Taleb in Skin in the Game Permalink 4:17 PM – 10 Oct 2019

@nntaleb Skin in the Game, Brussels pic.twitter.com/Ri9mkMwPm6 Permalink 10:33 AM – 10 Oct 2019

@noedelafuentemd @nntaleb @RyanHoliday #stillnessisthekey pic.twitter.com/7featfQoJY Permalink 8:15 AM – 10 Oct 2019

@nntaleb Food can only be Lindy. And technology (Amazon) can reduce the distance between supplier and consumer. pic.twitter.com/X1WO7RU4D0 Permalink 8:05 AM – 10 Oct 2019

@nntaleb https://twitter.com/visithmml/status/1181721190714527747?s=21   Permalink 5:01 AM – 10 Oct 2019

@nntaleb Referees should have skin in the game. https://twitter.com/harrydcrane/status/1182262130566938624   Permalink 4:58 AM – 10 Oct 2019

@FedericoPistono It is a special kind of satisfaction to receive the Incerto pentalogy by @nntaleb, in glorious deluxe hardcover, bought with fuck-you-money I made starting my own businesses from scratch, taking risks. pic.twitter.com/RkHIOVmSTu Permalink 4:52 AM – 10 Oct 2019

@nntaleb Here https://www.academia.edu/37221402/STATISTICAL_CONSEQUENCES_OF_FAT_TAILS_TECHNICAL_INCERTO_COLLECTION_   Permalink 5:03 PM – 9 Oct 2019

@nntaleb Lindy My next book is in this format. https://twitter.com/erik_kwakkel/status/1181962553628483584   Permalink 4:58 PM – 9 Oct 2019

@Mehdi_IR_DC My own reason for not liking psychology is that its point of departure is human arrogance. To understand human mind and to fix it! Religion on the other hand starts from the point of human humility, it has via negativa. Permalink 3:50 PM – 9 Oct 2019

@Arch_Revival_ Before & After Hungarians replace ugly modernist building with a new build in the Classical tradition. A beautiful city is a better city. Budapest pic.twitter.com/TPiRSli9o6 Permalink 3:39 PM – 9 Oct 2019

@nntaleb Debating… Molyneux? If someone offered you to debate an animal in the zoo, you will be equally offended. Permalink 8:39 AM – 9 Oct 2019

@satyakatla Have chanced upon a #DataScientist lecturing, who has no idea about probability and stating that distribution is drifting from the assumption, hence wrong prediction. What he doesn’t get is it is wrong distribution to start with. @nntaleb succinctly mentioned this here: pic.twitter.com/aSVtmEAFmv Permalink 7:46 AM – 9 Oct 2019

@nntaleb Finaly for the identity Gov. Debt = Asset you need the asset to have the same value as if determined by the real market under selection pressures. Permalink 4:02 AM – 9 Oct 2019

@walid970721 I just found this tweet by Ken Roth from 2018 that shows what a moron he is. Of course the majority of the refugees are going to be Sunni when they form the majority of the population. Claiming that it’s proof of ethnic cleansing is idiotic. #Syria https://twitter.com/kenroth/status/1013454626694234112   Permalink 3:20 AM – 9 Oct 2019

@nntaleb Plus or minus the usual typos. pic.twitter.com/qGyuGLFpNQ Permalink 2:16 AM – 9 Oct 2019

@nntaleb Asking @sapinker to talk about … tail risk? https://twitter.com/phil_papa/status/1181854183487606784   Permalink 2:02 AM – 9 Oct 2019

@briteless You will never get the f*** you money* by winning arguments. (Advice to a young adult who wants to become personally free, financially independent, and freely pursue his interests). – @nntaleb https://twitter.com/AfrikaKesho/status/1181267585511370753   Permalink 12:31 AM – 9 Oct 2019

@nntaleb Quiz du Jour, Romanian Mathematical Magazine. [Flight to Brussels] pic.twitter.com/AWKuYjJeHQ Permalink 4:35 PM – 8 Oct 2019

@nntaleb Incidentally there is something of interest here: group IQ != average member IQ. Complex systems are about interactions. Failure of mean field. Permalink 4:25 PM – 8 Oct 2019

@stephen_wolfram Even after 35+ years the simplest cellular automata are full of new things to discover… Noticed in a livestream yesterday: rule 73 has randomness in its left- or right-of-center column, but with 3:2 white:black https://www.wolframcloud.com/obj/s.wolfram/Published/Rule73.nb   ” target=”_blank”>http://pic.twitter.com/sp4d4RWZ8g”>  pic.twitter.com/sp4d4RWZ8g Permalink 3:49 PM – 8 Oct 2019

@nntaleb NEVER read anything written by journalists, just look at prices! Correct: “Stocks dropped less than a Mean Deviation because of very slight order imbalances caused by a tiny minority; a small number of unidentified motivated investors adjusting their holdings.” #MinorityRule pic.twitter.com/Xz3TOQtlY8 Permalink 10:27 AM – 8 Oct 2019

@nntaleb FINAL. Thanks everyone for the help. pic.twitter.com/vDI9g9e5TK Permalink 5:32 AM – 8 Oct 2019

@nntaleb PHILOLOGY DU JOUR Shawarma is not from Turkish but (Eastern) Aramaic, as the Turkish itself (çevirme) originates from the Eastern Syriac Sha-warma, where there is a shift “b” to “w”. “Barma” means to rotate, just as in “gyro” and “rotisserie”. @turlevnon Permalink 4:29 AM – 8 Oct 2019

@nntaleb THIRD VERSION Large Kafkaian centralization units such as Whitehall, Brussels, etc. “Elite” undergraduate education pic.twitter.com/jmakcYOcRg Permalink 4:11 AM – 8 Oct 2019

@nntaleb Tis is probabilistic, so the idea is that 3-7 out of 10 items will be gone. Permalink 3:43 AM – 8 Oct 2019

@financequant The trend to relentless centralization will collapse (after much suffering). This has happened in the small with many ex-socialist countries. Consider Sweden which restored a market economy and decentralized its social programs; e.g., school vouchers. http://bit.ly/2ARDBhq   Permalink 2:52 PM – 7 Oct 2019

@Dark_Realist https://twitter.com/nntaleb/status/1164138535919718400?s=19   Permalink 1:49 PM – 7 Oct 2019

@nntaleb 2nd version pic.twitter.com/aUuCaAKOZS Permalink 1:08 PM – 7 Oct 2019

@nntaleb FOR COMMENTS Friends, was asked to “predict” what would happen by the end of the decade. Used Lindy. pic.twitter.com/xCqtBIPZ2T Permalink 1:01 PM – 7 Oct 2019

@nntaleb Why under convexity you don’t need to be a “good” forecaster. pic.twitter.com/7ckH9FA0W6 Permalink 5:09 AM – 7 Oct 2019

@nntaleb Convexity is often missed in: + finance (gamma, model error) + evolutionary biology (mean-field) cc:@yaneerbaryam (Even those who support group selection s.a. Wilson accept the non-convexity math). + forecasting (verbalistic Tetlockism) + behavioral econ (failure of mean-field) https://twitter.com/stevenstrogatz/status/1080800546813034499   Permalink 4:57 AM – 7 Oct 2019

@TalebWisdom “The market is like a large movie theater with a small door. And the best way to detect a sucker is to see if his focus is on the size of the theater rather than that of the door.” – Nassim Nicholas Taleb in Skin in the Game Permalink 4:09 AM – 7 Oct 2019

@davidgraeber remember any Turkish invasion of Rojava will be a NATO invasion of Rojava. Any genocide they carry out will be NATO genocide https://www.theguardian.com/commentisfree/2019/feb/01/americas-kurdish-allies-syria-turkey-nato   Permalink 2:55 AM – 7 Oct 2019

@Kitsune808 Echos of Taleb multiplying… @nntaleb https://twitter.com/jtepper2/status/1180784381570486272   Permalink 12:53 AM – 7 Oct 2019

@ektrit There is study of Theology/Church History by studying the Church Fathers and There is study of Theology/Church History by understanding that Church Fathers were in the 0.1% of Educated Elite. So, all theological conflict was among the top 0.1%. Night and Day approach. Permalink 4:21 PM – 6 Oct 2019

@DellAnnaLuca THE DYNAMICS OF THE ANTIFRAGILE (thread) Where does the ability of the antifragile to benefit from volatility come from? Can this ability be increased? What policies increase it, and which decrease it? 1/N Permalink 8:02 AM – 6 Oct 2019

@VergilDen When charlatans, BS artists, and imbeciles try to team up against @nntaleb https://twitter.com/newcuiture/status/1180855329468424192   Permalink 7:46 AM – 6 Oct 2019

@nntaleb Further, the identity in Debt = Money an entity called “we” owes to an entity called “ourselves” fails ergocity. #ergodicityeconomics @ole_b_peters Permalink 6:23 AM – 6 Oct 2019

@TalebWisdom “You know you have influence when people start noticing your absence more than the presence of others.” – Nassim Nicholas Taleb in The Bed of Procrustes https://www.amazon.com/gp/product/198481981X/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=198481981X&linkCode=as2&tag=getwisertlb-20   Permalink 3:24 AM – 6 Oct 2019

@birdxi1988 At first glance,it seems that ergodicity transformation is same as log utility but with a fancy name. This just shows you why they are so different https://twitter.com/ole_b_peters/status/1180431542096666624   Permalink 10:48 AM – 5 Oct 2019

@nntaleb This is the kind of BS you should not live with: coercion of identity by the state or some IYI. https://twitter.com/LebAmUniv/status/1179690962756526081   Permalink 2:54 AM – 3 Oct 2019

@nntaleb Yes! Doing something that is boring, unnatural, and devoid of organic stimulus is not (necessarily) virtue. It is meant to train people to become good bureaucrats and other slaves. https://twitter.com/Jed_Trott/status/1179505096335474691   Permalink 2:52 AM – 3 Oct 2019

@nntaleb 3/ +Need for *adult supervision* (international) of Salameh & others, no need to replace right away. Permalink 9:21 AM – 2 Oct 2019

@nntaleb 2/ + Government cannot control the corruption, located is in the “deep” ministries. Changing minister is of no help. +Nonpolitical decentralization only solution. +Central state great at managing sectarian tensions …but incapable of dealing with economic life; it’s a burden Permalink 9:20 AM – 2 Oct 2019

@nntaleb LEBANESE FINANCIAL SITUATION, INTERVIEW Recorded for LBCI (Thu 9:30 PM). + There ~no primary deficit, so no risk of big collapse. Debt is circular Bank-State. + People are so scared that ANY reduction of uncertainty (via moratorium) would be yuugely beneficial Permalink 9:16 AM – 2 Oct 2019

@nntaleb In real estate you make money buying the overpriced and selling when extraoverpriced. Avoid the “affordable” crap. https://twitter.com/ibrahimwarde/status/1179397774162481152   Permalink 7:19 AM – 2 Oct 2019

@nntaleb Any sucker who buys “Bullshit Claire”’s version of anything or argument about any topic is blocked for intellectual deficiency. Gabish? https://twitter.com/patrissimo/status/1179392526551322626   Permalink 7:10 AM – 2 Oct 2019

@nntaleb 4 hours dinner conversation with @rorysutherland and Rohan @Silva in a Pakistani restaurant in London (2 bottles of wine, but no Negroni). You must buy two copies of Rory’s book, in case one is stolen, lost, damaged (by the rain), or self-destructs. pic.twitter.com/Xa5WFOGCNt Permalink 3:03 AM – 2 Oct 2019

@nntaleb So conforming to his status of fake scholar, @charlesmurray promotes a thread by *Claire-the-hysterical basketcase* without any of them knowing what I actually said. Note: Anyone who ever cites Charles Murray on anything becomes a fake scholar. https://twitter.com/charlesmurray/status/1178784796891238400?s=21   Permalink 9:28 AM – 1 Oct 2019

@GultekinBurce Small Probability, High Impact Payoffs: The horizontal line can be the payoff over time, or cross-sectional over many simultaneous trials. Full article: https://www.edge.org/conversation/nassim_nicholas_taleb-understanding-is-a-poor-substitute-for-convexity-antifragility   by @nntaleb ” target=”_blank”>http://pic.twitter.com/F4o8X5IQ1M”>  pic.twitter.com/F4o8X5IQ1M Permalink 1:04 AM – 1 Oct 2019

@STrosterud Yes. Nothing like Taleb accusing the Swedes directly for their Nobel shenanigans Makes both my Norwegian, and Finnish side smile pic.twitter.com/P1ybneyIgF Permalink 11:42 AM – 30 Sep 2019

@paulportesi And the evidence comes later. @nntaleb https://news.yahoo.com/moneywatch-cvs-pulls-zantac-similar-133851787.html   Permalink 7:12 AM – 30 Sep 2019

@nntaleb I meant they changed room to the largest one based on registrations. Permalink 7:04 AM – 30 Sep 2019

@nntaleb The Volante team. Volante is a publisher in Stockholm. pic.twitter.com/2VpDfhrlBR Permalink 7:03 AM – 30 Sep 2019

@nntaleb Tonight. They have to get the largest room. https://twitter.com/volanteforlag/status/1178218694234820609   Permalink 6:36 AM – 30 Sep 2019

@nntaleb Tonight. They have to get the largest room. https://twitter.com/VolanteForlag/status/1178218694234820609   Permalink 6:36 AM – 30 Sep 2019

@AntonioBlaGra While Taleb’s Real World Risk Institute #RWRI was not one of the organizations I reseached, I realize now that it certainly presents the three characteristics of the Internet Culture: open knowledge, decentralization, and reputation based in what you do. https://realworldrisk.com/   Permalink 3:10 AM – 30 Sep 2019

@nntaleb Except that the Nobel Prize of Literature has the remarkable ability to pick non #Lindy authors too embedded in their time: For France, Sully Prudhomme, Fréderic Mistral,Roger Martin du Gard,Romain Rolland, Anatole France,… https://twitter.com/thomasjbevan1/status/1178602114290982912   Permalink 2:34 AM – 30 Sep 2019

@nntaleb And desertions, and typhus, and the mud. And he kept losing horses throughout. Permalink 1:32 AM – 30 Sep 2019

@nntaleb Napoleon is a prime example of *winning almost all battles but losing the war*. Permalink 1:15 AM – 30 Sep 2019

@nntaleb The single biggest hit was the Pyrrhic victory of Borodino (if we can call it a “victory”). Permalink 1:01 AM – 30 Sep 2019

@nntaleb https://twitter.com/chasewpatterson/status/1178563602497691648?s=21   Permalink 12:05 AM – 30 Sep 2019

@nntaleb Orthodox churches are even more beautiful! https://twitter.com/xxvlllv/status/1178336300325380103   Permalink 12:02 AM – 30 Sep 2019

@nntaleb Napoleon was also the grandmaster of fake news, doctoring up his “bulletins”, misreporting his casualties and those of the enemies, even when he was the winner. Permalink 11:55 PM – 29 Sep 2019

@nntaleb He simply lost 2/3 of his troops to the Russians and the Cossacks. Permalink 11:51 PM – 29 Sep 2019

@nntaleb MYTH DU JOUR Napoleon was not that great invincible general who was defeated by the Russian winter, nonmilitary circumstances. His Grande Armée had lost 2/3 of its soldiers before the first frost. Also remember that he (twice) deserted his own army. Permalink 11:46 PM – 29 Sep 2019

@nntaleb Never include in your company name “Forever”, “Long Term (Capital)”, or “Amaranth (Capital)” (flower that never dies). https://twitter.com/LieraMarco/status/1178558793707245568   Permalink 11:37 PM – 29 Sep 2019

@Marcellenassif Ideal morning coffee mug pic.twitter.com/nvpNdVi3Kb Permalink 11:56 AM – 29 Sep 2019

@nntaleb In the case of @michaelshermer it was not that I block idiots; it was that I block charlatans, @Monsantobuster https://twitter.com/Monsantobuster/status/1178312535822479361   Permalink 7:24 AM – 29 Sep 2019

@nntaleb Looks like you got the idea backwards. pic.twitter.com/iSNHZJuJSq Permalink 7:22 AM – 29 Sep 2019

@VolanteForlag Finally in Sweden: @nntaleb! Today we are looking forward to a great day in Gothenburg at #bokmässan. Miss that? Tomorrow he will lecture in Stockholm. Tickets here: https://www.medborgarskolan.se/arrangemang-sok/skin-in-the-game-forelasning-med-nassim-taleb-1176833/   @bokmassanGbg @medborgarskolan ” target=”_blank”>http://pic.twitter.com/zVG2IrEEcZ”>  pic.twitter.com/zVG2IrEEcZ Permalink 1:03 AM – 29 Sep 2019

@nntaleb Aquavit is so strong the Swedes have to drink beer with it. pic.twitter.com/jZaJyxieL3 Permalink 11:53 AM – 28 Sep 2019

@nntaleb Giving a lecktschur on Stockholm Monday Sept 30 in the evening to introduce the Swedish edition of Skin in the Game. https://www.medborgarskolan.se/arrangemang-sok/skin-in-the-game-forelasning-med-nassim-taleb-1176833/   Meanwhile aquavit. https://twitter.com/bkzafar/status/1177942090082377729   Permalink 10:12 AM – 28 Sep 2019

@bkzafar Since no one would believe me otherwise. Got seated next to one of my favourite authors on the train from Stockholm. Welcome to Gothenburg @nntaleb :) pic.twitter.com/NipSN268Mr Permalink 6:44 AM – 28 Sep 2019

@nntaleb Explanations: 1- Lebanese banks are NOT lending to businesses, but to the government to service the debt… to the same banks. That’s what I called “circularity”. 2- Merchants now realize that an IOU from another merchant is safer than $ in the “bank”. Salameh needs to go. Permalink 2:05 AM – 28 Sep 2019

@nntaleb LEBANON’S FINANCIAL SITUATION, 3 + Traditional Lebanese politics along ethnoreligious lines are put on hold (now, money talks). Parties are deemed equally incompetent. Old system of *state employement as political patronage* goes out via attrition. + Real decentralization. Permalink 1:50 AM – 28 Sep 2019

@nntaleb LEBANON’S FINANCIAL SITUATION, 2 The system fixes itself + People realize that banks returns are not risk-free; Any income generating project than lend to the “circularity”. + Increase in governance from sudden transparent + Noninvestors take a haircut from past gains. Permalink 1:34 AM – 28 Sep 2019

@nntaleb LEBANON’S FINANCIAL SITUATION + The primary budget is about balanced; pressure is from debt servicing. + Higher rates drain the economy as real investment returns pale compared to bank deposits *in US $*, leading to a circularity Gov-Banks-Depositors. Let the system fix itself! Permalink 1:25 AM – 28 Sep 2019

@nntaleb (Continuing the thread) https://twitter.com/nntaleb/status/1177850770252845058?s=20   Permalink 12:58 AM – 28 Sep 2019

@nntaleb 101 BS THINGS TAUGHT TO STUDENTS, 16 That rationality is about ideas, & beliefs (or religion) can be “irrational”. No. Rationality is about action. There is no axiomatic framework for rationality that includes beliefs. It is what you do. #SkinintheGame https://medium.com/incerto/how-to-be-rational-about-rationality-432e96dd4d1a   Permalink 12:41 AM – 28 Sep 2019

@NupurJoshii I love how Nassim Taleb writes his books! There’s a summary to each section and each chapter.. There’s chapter notes . There’s a guide to the book. There’s hilarity and brilliance all at the same time. I mean. It’s wonderful ! Permalink 11:53 PM – 27 Sep 2019

@nntaleb Now first statement by Quilletebecile Young @toadmeisster: “IQ is a better predictor of socioeconomic status than parental socioeconomic status” is plain BS. IQ does not predict income/wealth (close to R^2=0, with cheating they get <.04). Permalink 10:42 AM – 27 Sep 2019

@nntaleb And By the way, Quillettebecile Toby @toadmeister, we now have the same raw longitudinal data as the ones used by these studies. Permalink 10:34 AM – 27 Sep 2019

@nntaleb Quillettebecile Toby @toadmeister you can now go find ALLLLLL the “studies” you want, the effective R^2 IQ tests to economic condition is ~0. Keep trying you and your Neo-Eugenist friends. Permalink 10:21 AM – 27 Sep 2019

@nntaleb As an Orthodox, today was the second most important day for me (after my baptism). The highest ranking person in Orthodoxy, His Holiness Bartholomeos 1 Patriarch of Constantinople, gave me his blessing & a small gift. It was on a plane out of Constantinopolis. pic.twitter.com/qVAeY9jl5f Permalink 10:05 AM – 27 Sep 2019

@nntaleb Mr Young’s own data shows an R^2 of .04 for IQ-Income. He is talking abt socioeconomic condition. Where is the 80% heritability? Permalink 8:14 AM – 27 Sep 2019

@nntaleb The Quillette people make up numbers. This does not show “80% heritability”. Toby Young is a fraud. https://twitter.com/toadmeister/status/1177583074202308610?s=21   Permalink 8:09 AM – 27 Sep 2019

@spyrosmakrid The “State of the art in SS Fcing” is a review paper for lay readers clarifying what we know, what we are not sure and what we don’t know about the field plus what has been achieved lately The paper is part of the M4 Special Issue of the I. J. of Forecasting @robjhyndman @fotpetr pic.twitter.com/4XjFL2LF6t Permalink 4:59 AM – 27 Sep 2019

@nntaleb In fact IQ is 0% correlated to socioeconomic status, Mr Young @toadmeister Fraudster. https://twitter.com/nntaleb/status/1172597583174414336?s=20   Permalink 4:51 AM – 27 Sep 2019

@nntaleb Plomin estimates IQ *testing* is 50% heritable, itself weakly correlated to performance. Plus testing is also 80% correlated to other tests. I estimated R^2 of 0% for socio-economic performance. @toadmeister is a quack reciting some Quillette invented mantra. Permalink 4:43 AM – 27 Sep 2019

@nntaleb The Lebanese (not Lebanese Armenian) manti (shish barak) is cooked in goat milk yoghurt with Med herbs (laban immo) and left to marinate for a bit. Permalink 4:08 AM – 27 Sep 2019

@nntaleb This idiot Toby Young by saying IQ is 80% heritable is not even representing the literature which (falsely) claims a maximum of 50% @toadmeister https://twitter.com/toadmeister/status/1177351195503026176?s=20   Permalink 3:47 AM – 27 Sep 2019

@nntaleb + sur les bords + pauvre con (h/t @firsou), very different from petit con + fofolle + bancal + bon chic bon genre + pour ta gouverne + foiré Permalink 3:41 AM – 27 Sep 2019

@nntaleb Noticed that in Tatarstan & Kazakhstan they stuff their manti with horse meat, and, mostly, horse fat; the yoghurt is made from mare’s milk. Permalink 3:27 AM – 27 Sep 2019

@nntaleb Which confirms my theory that Quillette is managed by a collection of low-intellect, low-skilled BS vendors, using poorly warmed up pseudoscience to promote a eugenics agenda and, of course, incapable of hiding it. https://twitter.com/toadmeister/status/1177351195503026176   Permalink 2:58 AM – 27 Sep 2019

@nntaleb Manti (Istanbul): the ancestor of ravioli. Except, of course, better. pic.twitter.com/1NtTDfNpP9 Permalink 2:34 AM – 27 Sep 2019

@nntaleb Democrats: If you are using information from the whistleblower, you MUST ask for Assange’s exoneration. #Coherence Permalink 11:19 PM – 26 Sep 2019

@TMFStoffel “Ayn Rand doesn’t get scaling” *THIS* more than anything else, is the thing that — once you see it — you can’t un-see. It’s not just Rand. It seems like scale is something that we *ALL* struggle with. But once we see it, it changes everything. https://twitter.com/nntaleb/status/1177267073409605634   Permalink 8:01 PM – 26 Sep 2019

@TalebWisdom “Primitive societies are largely free of cardiovascular disease, cancer, dental cavities, economic theories, lounge music, and other modern ailments.” – Nassim Nicholas Taleb in Antifragile https://www.amazon.com/Antifragile-Things-That-Disorder-Incerto/dp/0812979680/ref=as_li_ss_tl?ie=UTF8&linkCode=ll1&tag=getwisertlb-20   Permalink 6:34 PM – 26 Sep 2019

@nntaleb Ofer just answered the central point: we are not really talking about selfishness, but symmetry. So long as do you not transfer risks to others, you are honorable. You are even more honorable when you take the risks of others. https://twitter.com/ofer_rubin/status/1177294276302127105?s=20   5/n Permalink 11:55 AM – 26 Sep 2019

@nntaleb (cont) + plouc + de souche + marche a coté de ses pompes + petit con (the “petit” is central) Permalink 10:57 AM – 26 Sep 2019

@nntaleb This said there are a lot of words in French I know that have no (potent) equivalent in English which come to me in Fr: + vivotter + glander + minable + tête à baffe Permalink 10:41 AM – 26 Sep 2019

@nntaleb This does’nt make “selfishness” honorable. Nature has no junk: it recycles & makes fertilizers out of animal & human waste. Likewise society recycles somewhat selfish pursuits as fertilizer. So we should not be glorify selfishness, no more than we do w/excreta. 4/n Permalink 10:08 AM – 26 Sep 2019

@nntaleb And Ayn Rand doesn’t get scaling. In that sense I prefer people to focus Mandeville who inspired Adam Smith’s “it’s not the benevolence of the butcher…” A good society is one that via scale transformation makes a virtuous collective out of somewhat selfish individuals. 3/n Permalink 10:01 AM – 26 Sep 2019

@nntaleb a hero who serves the collective (expected return is negative as 999/1000 will fail) and there is no such thing as a “failed” entrepreneur; I subscribe to virtue ethics and Christian morality which makes some of her stances repugnant to me both as a Christian & a Classic-ist. 2/n Permalink 9:58 AM – 26 Sep 2019

@nntaleb I do share a lot of readers with Ayn Rand and there are some commonalities: 1) To do good, focus on your own business, 2) Bureaucrats are evil, etc. But there are yuuuge differences. I do not believe that individuals should be “selfish”, I do believe that the entrepreneur is 1/n Permalink 9:56 AM – 26 Sep 2019

@nntaleb Should be illegal! https://twitter.com/chemblette/status/1177260448347054086   Permalink 9:46 AM – 26 Sep 2019

@zmpng Breaking a 24h fast with squid ink paella. Does @nntaleb approve? pic.twitter.com/Ctj76IX7A5 Permalink 9:11 AM – 26 Sep 2019

@nntaleb The point is not about Trump but the system. I can easily understand why someone can hate Trump. But changing the rules under asymmetries effectively destroys the system. Permalink 5:49 AM – 26 Sep 2019

@nntaleb My take: Collusion between two parties needs to emanate from an explicit transaction or a well defined offer, not something vague in a conversation. It should be subjected to the same standards as contractual obligations. Otherwise everything can be interpreted as collusion. Permalink 5:36 AM – 26 Sep 2019

@nntaleb Bottarga with rosé. pic.twitter.com/rPgg3cuI8J Permalink 3:29 AM – 26 Sep 2019

@MarkAmesExiled “The Houthis were only nominally Iran’s surrogates, but they were also our quiet partners against al-Qaeda.” Uncanny how often we try to wipe out Al Qaeda’s enemies https://www.theamericanconservative.com/articles/the-military-officials-who-knew-saudi-arabia-would-fail/   Permalink 2:37 PM – 25 Sep 2019

@nntaleb Is it me or is this Ukraine thingy a pathological delusion? Read the transcript. https://twitter.com/RealSaavedra/status/1176910531338199040   Permalink 11:09 AM – 25 Sep 2019

@nntaleb Blunder duJour: Was telling someone on the phone in French “you gave me invaluable advice” (abt food, of course), came out as literal translation “un avis sans valeur” which means “an opinion of no value” & realized after hanging up. Wonder if I will ever get more food tips. Permalink 6:34 AM – 25 Sep 2019

@nntaleb Khatchapouri, Med version pic.twitter.com/UcDxCp5WDC Permalink 1:30 AM – 25 Sep 2019

@rperezmarco “When the scientist points at research the imbecile examines the number of papers” (you can quote me for this one). https://twitter.com/HigherGeometer/status/1176404487272980482   Permalink 2:50 AM – 24 Sep 2019

@NonMeek Actions > words. One of the best rules I know. pic.twitter.com/Z9if9Sy2BT Permalink 11:10 PM – 23 Sep 2019