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Monthly Archives: July 2010

nntaleb: I wonder if Gregg Easterbrook will do the honorable thing of removing his NYT review of The Black Swan.

nntaleb: I wonder if Gregg Easterbrook will do the honorable thing of removing his NYT review of The Black Swan.

Opacity

Shared by JohnH

HatTip to Dave Lull
132- Life’s Barbells
(Barbells are more robust than monomodal strategies.)
Walk most of the time, sprint as fast as you can on the occasion; never jog.
Fast for long periods of famine, then feast; never diet.
Endo…

nntaleb: (in the process of deleting all past aphorisms owing to copyright matters)

nntaleb: (in the process of deleting all past aphorisms owing to copyright matters)

My rule from now on: I never give a talk unless Lebanese wine is served.

My rule from now on: I never give a talk unless Lebanese wine is served.

The point is that the collective (the mob) very often does not have the ethics of the individuals –some people are ethical on their own and unethical collectively ("he is doing it"). We see that in finance, but it is prevalent in academia."do not follow the multitude to do evil". I call it diffusion of responsibility, also present is what is called the "bystander effect".

The point is that the collective (the mob) very often does not have the ethics of the individuals –some people are ethical on their own and unethical collectively (“he is doing it”). We see that in finance, but it is prevalent in academia.”do not foll…