Nassim N. Taleb @ModeledBehavior This explains a bit http://www.fooledbyrandomness.com/ECONOMIST2013.pdf …
via Twitter / nntaleb: @ModeledBehavior This explains ….
Twitter / nntaleb: @ModeledBehavior This explains …
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Monthly Archives: November 2012
The Pinker problem is a lot worse than I thought.
The Pinker problem is a lot worse than I thought. What can we learn from it? http://www.fooledbyrandomness.com/pinker.pdf
Deep thoughts, by Nassim Nicholas Taleb | FT Alphaville
Are you saying that capitalism is good, but that 21st-century capitalism has gone too far?
What we do today has nothing to do with capitalism or socialism. It is a crony type of system that transfers money to the coffers of bureaucrats. The largest “fragiliser” of society is a lack of skin in the game. If you are mayor of a small town, you are penalised for your mistakes because you are made accountable when you go to church. But we are witnessing the rise of a new class of inverse heroes – bureaucrats, bankers, and academics with too much power. They game the system while citizens pay the price. I want the entrepreneur to be respected, not the CEO of a company who has all the upsides and none of the downsides.
Are those, errr, “enemies”? Or “bad guys”?
Whatever. Get serious:
Can people apply antifragility to their lives?
In Africa, Asia and the Americas people head-load water – gyms don’t stress your bones, nature does. People also don’t talk about post-traumatic growth but some trauma is good for you. I also believe that people should go against academic education and focus instead on certification of skills.
@FTAlphaville Thanks for posting, the derivations are here for those of you capable of going beyond verbiage. https://docs.google.com/file/d/0B_31K_MP92hUNjljYjIyMzgtZTBmNS00MGMwLWIxNmQtYjMyNDFiYjY0MTJl/edit?hl=en_GB …
via Deep thoughts, by Nassim Nicholas Taleb [updated] | FT Alphaville.
NASSIM TALEB: ‘Any Attack Makes Me Stronger’ – Business Insider
Do you apply these principles to your life?
I lift stones and do weightlifting. I don’t go to the doctor except when I’m very ill, and when I go to India, I drink a drop of local water. Things like this harness the body’s antifragility. I have never had personal debt and never will. I also picked a profession in which I am antifragile, because any attack makes me stronger. When I write about something, I have skin in the game, and I have benefitted more from attacks on The Black Swan than been harmed by them.
via NASSIM TALEB: ‘Any Attack Makes Me Stronger’ – Business Insider.
Nassim Nicholas Taleb: He’s come back to scare us again | The Sunday Times
More paywall teasers today. Perhaps NNT will publish a pdf to his site (which he often does).
For a thinker who reckons we all need a bit of randomness in life to make us stronger, Nassim Nicholas Taleb is surprisingly bothered that his usual table in his usual restaurant in Brooklyn is occupied.
Taleb’s obvious irritation does not seem a good start for an interview with a man who has little time for journalists, as he believes they misinterpret his work or “insert their own noise” in what he is trying to say.
He has already brushed off the Sunday Times photographer, telling him he doesn’t want to be photographed as “I am not a public intellectual”, and if he must then not with any New York backdrop or prop as “that would be fake, acting”, nor in his office at New York University as “that’s private”.
via Nassim Nicholas Taleb: He’s come back to scare us again | The Sunday Times.
HatTip to Dave Lull.