Monthly Archives: November 2016

Strength Training is Learning from Tail Events | Medium 11/6/16

Finally, the body is extremely opaque; it is hard to understand the exact physiological mechanisms. So we would like to make sure our methodology is robust and can stand the judgment of time. We have had theories of how muscles grow; these come and go. We have theories of nutrition; these come and go — the most robust is the one that favors occasional periodic fasts. But we are quite certain that while theories come and go, the phenomenologies stay; in other words, that in two thousand years the method of whole-body workout in the tails will still work, though the interpretation and “scientific” spin will change — just as two thousand five hundred years ago, Milo of Croton carried an ox on his shoulders and got stronger as the ox grew.

Full Post: Strength Training is Learning from Tail Events

Propagandists, Justin Wolfers, FiveThirtyEight, Michiko Kakutani, Nocera, Aleppo, Krugman | Twitter

@nntaleb The work by scientific entertainer Steven Pinker on violence.https://twitter.com/peterfranklin_/status/796448677380452357   Permalink 12:33 PM – 9 Nov 2016

@mdvex @orestistsinalis @nntaleb in my officepic.twitter.com/pPwsRMcoxH Permalink 9:23 AM – 9 Nov 2016

@nntaleb There is no “animosity” with Harris. I just consider him an intellectual fraud. @GuzziNba @SamHarrisOrg Permalink 9:21 AM – 9 Nov 2016

@nntaleb I know I saw his papers on forecasting and noticed mathematical probability was not … for him. @HenryMyers7 @JustinWolfers Permalink 8:57 AM – 9 Nov 2016

@themightypuck Something @nntaleb pointed out a year ago.https://twitter.com/conor64/status/796265774440542208   Permalink 8:54 AM – 9 Nov 2016

@nntaleb That’s @JustinWolfers who should stop teaching economics, just drive an uber outside populated areas.https://twitter.com/carney/status/796390341997920256   Permalink 8:47 AM – 9 Nov 2016

@GuruAnaerobic “Fuck You” vs bought Hilary.pic.twitter.com/fkxXOhWKA5 Permalink 8:06 AM – 9 Nov 2016

@nntaleb The Middle East Institute @MiddleEastInst is funded by the Wahabis. Lister should mention it in every utterance @nadeemhaque @Charles_Lister Permalink 7:48 AM – 9 Nov 2016

@nntaleb Note that people like @Charles_Lister are paid by foreign governments/terrorist sponsors to spread their agendas. Permalink 7:39 AM – 9 Nov 2016

@nntaleb Should we classify propagandists like @Charles_Lister who advocate the interests of al Qaeda/Wahabis as terrorists? Permalink 7:36 AM – 9 Nov 2016

@yaobviously @nntaleb for a long while I thought you overstated your case against intellectuals. I was wrong. Permalink 6:52 AM – 9 Nov 2016

@nntaleb The reason I expected a Trump election would not affect the market is from noticing that ignorant IYI @JustinWolfers made Tump=lower SP. Permalink 6:49 AM – 9 Nov 2016

@nntaleb How do you forecast an election (cluelessness of @FiveThirtyEight ) PRELIM DRAFT https://dl.dropboxusercontent.com/u/50282823/binary%20forecasting%20538.nb.pdf  pic.twitter.com/MdKI0ecrfZ Permalink 6:21 AM – 9 Nov 2016

@EHSANI22 Clearly Americans value a job more than buying a cheap pack of 6 T.shirts made in Bangladesh for $6.99. Kudos to @nntaleb Permalink 4:35 AM – 9 Nov 2016

@nntaleb I forgot the big losers: the neocons. We have at least 4-8 years of watching them drive uber cars / taxis in DC. Permalink 10:09 PM – 8 Nov 2016

@nntaleb Who got burried? Saudi Barbaria Goldman Sacks Syrian Jihadis aka “rebels” Academic Economists w/PseudoNobel NYT & other bullshit venues. Permalink 9:59 PM – 8 Nov 2016

@MaxAbrahms What’s the best explanation for why pollsters seem to have failed so badly? To his credit, @nntaleb predicted this orange swan event. Permalink 9:42 PM – 8 Nov 2016

@SadStatueOfLib Just want to point out that @nntaleb has been calling @NateSilver538’s flaws (bullshit) in his models since… hmm, June? Earlier? Permalink 8:36 PM – 8 Nov 2016

@nntaleb Time to laugh at “Intellectuals”.https://medium.com/@nntaleb/the-intellectual-yet-idiot-13211e2d0577#.x3pmha81c   Permalink 9:25 PM – 8 Nov 2016

@john_f_hamer @nntaleb You’ve arrived, Nassim; you’ve arrived.pic.twitter.com/FX8cUQ997E Permalink 3:05 PM – 8 Nov 2016

@ghchammas 4 cousins in amioun lebanon @nntalebpic.twitter.com/ljAxOjYYkk Permalink 10:48 AM – 8 Nov 2016

@nntaleb An example of forecaster A better than B regardless of finalpic.twitter.com/2zeH1hJ5he Permalink 8:52 AM – 8 Nov 2016

@nntaleb Correction: Solent it turned out is not yet out of business. Not yet. @EmanuelDerman @zzbar @motherboard Permalink 7:23 AM – 8 Nov 2016

@nntaleb New edition of Procrustes. No more than 4 aphorisms per day. https://www.amazon.com/Bed-Procrustes-Philosophical-Practical-Aphorisms/dp/0812982401/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=&sr=  pic.twitter.com/FErRAAxzFa Permalink 6:37 AM – 8 Nov 2016

@nntaleb We got a great vindication w/ Soylent going out of business. Keep neomania out of food.@EmanuelDerman @zzbar @motherboard Permalink 6:20 AM – 8 Nov 2016

@nntaleb Some probability musings from North Lebanon: how to compare forecasters BEFORE final outcome.pic.twitter.com/57ShuNvVVH Permalink 6:02 AM – 8 Nov 2016

@nntaleb Any human being who reads anything from @michikokakutani is at war with reason.https://twitter.com/michikokakutani/status/795752769420492800   Permalink 4:09 PM – 7 Nov 2016

@nntaleb Trump is just a symptom not a disease. Message: establishment is so bad that a random Bronx Zoo animal less harmful.pic.twitter.com/xcZLVKFuPs Permalink 3:35 PM – 7 Nov 2016

@nntaleb Levantine for “this”: hayda, haydi,pl. hol. comes frm Syro-Aramaic: hod, hodo. Now hano/hathe in Turoyo @SahinChrispic.twitter.com/WALhu4nJki Permalink 3:08 PM – 7 Nov 2016

@nntaleb John Gray is the real thing.https://twitter.com/orestistsinalis/status/795655586998325248   Permalink 8:23 AM – 7 Nov 2016

@joshua_landis Syrian rebels think it is OK to use civilians as Human Shields but not when Asad or ISIS do it. All powers are guilty when holding civilianshttps://twitter.com/RevolutionSyria/status/792891242581487616   Permalink 2:47 PM – 6 Nov 2016

@nntaleb “Strength Training is Learning from Tail Events” by @nntalebhttps://medium.com/@nntaleb/strength-training-is-learning-from-tail-events-7aa2c074569d?source=twitterShare-f138bf5466fe-1478475236   Permalink 3:34 PM – 6 Nov 2016

@nntaleb Nocera, you’re a BS vendor. But everything you do to cover-up your BS vending entails more BS-vending. Keep quiet & non nocere, @NoceraNYT Permalink 11:56 AM – 6 Nov 2016

@RiskMinds “Your grandmother’s intuitions about #tailrisk is usually right”. Don’t miss @nntaleb @ #RiskMinds. More here http://spr.ly/60168EODK  pic.twitter.com/BAX0fIHKdv Permalink 8:00 AM – 6 Nov 2016

@nntaleb Version 2 (cleared typos) @CoachRippetoepic.twitter.com/4i9cF0Yj1r Permalink 7:21 AM – 6 Nov 2016

@nntaleb Tail risk management & weightlifting? Draft of the forward for a book published by @CoachRippetoe,for comments.pic.twitter.com/XXCtXSCwRO Permalink 6:58 AM – 6 Nov 2016

@nntaleb Syriac is Eastern Aramaic (Western Aramaic ~ Jerusalem/Damascus/Maaloula, Western Syriac ~ Nineveh, Eastern Syriac ~ Babylon) @rennyabraham Permalink 6:06 AM – 6 Nov 2016

@nntaleb Aramaic du Jour: “kursh”, slang for “belly” in Levantine, is from Accadian: Gilgamesh, Tablet 10, 222.pic.twitter.com/UOOy0K26De Permalink 5:12 AM – 6 Nov 2016

@nntaleb Yes, “Boy” as a sign of disrespect. You have a problem with displaying my intellectual (& personal) disrespect for you? @NoceraNYT Permalink 2:46 PM – 5 Nov 2016

@nntaleb Nocera boy, @NoceraNYT, let me debate you on “Aleppo” to show you what “Ignorance” is. You can even use Aramaic, W. Syriac or Syrian Arabic. Permalink 8:35 AM – 5 Nov 2016

@DrJillStein Saudi Arabia: -top Clinton Foundation donor -lobbies US via Podesta group -got record arms deals from Obama/Clinton -top terrorism sponsor Permalink 12:26 PM – 4 Nov 2016

@nntaleb A neat way to transform a Wiener process (\-infty,infty) to election probabilities [0,1].pic.twitter.com/zKzhN6DtZv Permalink 7:57 AM – 5 Nov 2016

@nntaleb Nocera, next time you attend my lecture, remind me to teach you “straw man argument” & intel. dishonesty. https://en.wikipedia.org/wiki/Straw_man   @NoceraNYT Permalink 7:15 AM – 5 Nov 2016

@lourou1981 @nntaleb the linguistic map of Syria looks strikingly similar to the sphere of control of diff factions in Syria today. Sheer coincidence? Permalink 5:36 PM – 4 Nov 2016

@nntaleb (actually during the crisis) Permalink 3:20 PM – 4 Nov 2016

@nntaleb With Mandelbrot right before the crisis. Alas, weightlifting makes one gain weight.https://twitter.com/HarriusHaller/status/794662544334057472   Permalink 3:19 PM – 4 Nov 2016

@nntaleb In other words every person should vote according to way he or she expects or prefers others to vote. Be uncompromising with virtue ! Permalink 12:48 PM – 4 Nov 2016

@nntaleb What makes a good election forecaster? Not the Brier metric 538 is a terrible forecaster regardless of final outcomepic.twitter.com/IF39qauxtP Permalink 11:34 AM – 4 Nov 2016

@nntaleb 2) If Nocera were better read he would have suspected there is such a thing as deontic ethics. https://en.wikipedia.org/wiki/Deontological_ethics   @NoceraNYT Permalink 6:06 AM – 4 Nov 2016

@nntaleb Better NOT know where Aleppo is than BS about it with half knowledge a la Joe Nocera. IYI Joe Nocera. https://medium.com/@nntaleb/the-intellectual-yet-idiot-13211e2d0577   @NoceraNYT Permalink 5:26 AM – 4 Nov 2016

@nntaleb Dectecting another slip: I said “preferences”. I most probably meant “principles”. Permalink 1:28 PM – 3 Nov 2016

@nntaleb Why my ethics dictate that I vote for the 3rd party regardless of oddshttp://cnb.cx/2eZeyPC   Permalink 1:18 PM – 3 Nov 2016

@nntaleb Even if #GMOs will “feed the world”, you need to look at risks of ruin. http://www.fooledbyrandomness.com/PrecautionaryPrinciple.html  https://twitter.com/NonGMOProject/status/794262188349210624   Permalink 12:55 PM – 3 Nov 2016

@nntaleb Spent too much time cleaning the data on Mongolian invasions. Permalink 12:32 PM – 3 Nov 2016

@nntaleb Typo on CNBC: Said 1308 then corrected 1208 and said Attila for Genghis. Permalink 12:12 PM – 3 Nov 2016

@nntaleb Civis romanus sum @BlackWhiteKnite Permalink 8:10 PM – 2 Nov 2016

@nntaleb Unlike in static forecasting, the best dynamic forecaster (time) is he who every period forecasts HIS OWN next forecast best. (to continue) Permalink 7:48 PM – 2 Nov 2016

@nntaleb You mean one of these deranged fellows ? @EconMBA @egfalken @IllimitableMan http://www.fooledbyrandomness.com/smear.html   Permalink 2:36 PM – 2 Nov 2016

@nntaleb Mr Krugman, for economists, to “invoke authority”, well … not a good idea, to put it mildly.https://twitter.com/paulkrugman/status/793813730454888449   Permalink 7:03 AM – 2 Nov 2016

@nntaleb Scam alert: @Fidelity offers a credit card via outside Co, designed to charge late fees+ interest to unsuspecting, similar to Wells Fargo. Permalink 6:13 AM – 2 Nov 2016

@nntaleb Levantine du Jour: Ammianus Marcellinus was another Syro-Phoenician Greek. https://en.wikipedia.org/wiki/Ammianus_Marcellinus#cite_note-Britannica-1   Permalink 5:25 AM – 2 Nov 2016

@nntaleb 2) Today someone w/economics degree has a higher chance of sleeping with Kim Kardashian than getting a job as a trader. Finance = STEM Permalink 5:08 AM – 2 Nov 2016

@nntaleb Economics is a fake discipline; attempts to improve it (s.a.”behavioral”,”evo”) made it worse! Finance moved to mathematics, accounting,etc. Permalink 5:04 AM – 2 Nov 2016

@nntaleb Psychologists are way behind probability/complexity theory in their “normative” definition of rationality.https://twitter.com/SanguineEmpiric/status/793646879485538304   Permalink 4:44 AM – 2 Nov 2016

@nntaleb Quite insulting to probability when someone “estimates” noise with precision: 24.8%, not 25 or 24. #cluelesshttps://twitter.com/FiveThirtyEight/status/793298019693146113   Permalink 1:29 PM – 1 Nov 2016

@nntaleb 2) If you understand nothing about the problem (like DC pundits) then it becomes Iran vs Saudi Arabia, US vs Russia, Mars vs Saturn. Permalink 7:25 AM – 1 Nov 2016

@nntaleb Ignorant pundit (IYIs) see everything w/the magnified prism of geopolitics, not local people trying to make things work. #Lebanon elections Permalink 7:15 AM – 1 Nov 2016

@nntaleb … with HUGE (yuge) practical consequences on model error. @CutTheKnotMath @neilchrisspic.twitter.com/3ezlq1QaSJ Permalink 6:02 AM – 1 Nov 2016

@nntaleb V. counterintuitive useful mathematical result:How higher dimensional areas get SMALLER. @CutTheKnotMath @neilchrisspic.twitter.com/uqGuHzptXx Permalink 5:57 AM – 1 Nov 2016

@nntaleb (what they say about Oxford) Permalink 5:50 PM – 31 Oct 2016

@nntaleb What they call engineering is really physics; what they call physics is math, what they call math nobody knows what it is. @PeterVeep Permalink 5:41 PM – 31 Oct 2016

@nntaleb The conflict: Engineers, applied-probabilists, physicists think in terms of applications; mathematicians view math as art. @CutTheKnotMath Permalink 12:18 PM – 31 Oct 2016

@nntaleb That poor @NateSilver538 still doesn’t get that the possibility of unexpected ↑ variance & moves probabilities→ 50%https://twitter.com/Thesokorus/status/793125893715685377   Permalink 9:34 AM – 31 Oct 2016

@nntaleb A relevant lesson from Podesta/Huma: bureaucrats & empty suits spend their time in multiplicative/metastatic low information emailing. Permalink 8:24 AM – 31 Oct 2016

@nntaleb Typo. Range for thega [0, \pi] not [0, 2 \pi ]. Varphi in [ 0, 2 pi] Permalink 8:00 AM – 31 Oct 2016

@nntaleb ἀπὸ μηχανῆς θεός Permalink 7:50 AM – 31 Oct 2016

@nntaleb Fooled by Correlations (cont), a geometric tutorial. Hard to visualize in dimensions >3.pic.twitter.com/6cmW6Krx2r Permalink 7:22 AM – 31 Oct 2016

@nntaleb La trahison des clercs! The disgusting pseudoleft support for: Saudi Barbaria/Islamofascism Shillary Megacorps https://en.wiktionary.org/wiki/trahison_des_clercs   Permalink 6:13 AM – 31 Oct 2016

@nntaleb You never hear the pseudo-left & neocons say “butcher of Yemen”. Nor alQaeda in Aleppo ever called “butchers”.https://twitter.com/joshua_landis/status/793063579599577088   Permalink 6:08 AM – 31 Oct 2016

@nntaleb (From a few months ago) Permalink 9:12 PM – 30 Oct 2016

@nntaleb My election modelhttps://twitter.com/zzbar/status/792926636098330624   Permalink 8:47 PM – 30 Oct 2016

@nntaleb The amount of short tails in the system in order to generate returns for retirees is mindbogggggling.https://twitter.com/zerohedge/status/792890807699247104   Permalink 6:09 PM – 30 Oct 2016

@MaxAbrahms Gary Kasparov is on CNN talking about how Russia wants Trump to win. Who will CNN have talk about how Saudi Arabia wants Hillary to win? Permalink 4:55 PM – 30 Oct 2016

@nntaleb Virtue is what you do when nobody is looking. The rest is marketing. #TheBedofProcrustes (but I can’t remember for sure) Permalink 1:51 PM – 30 Oct 2016

@nntaleb GMOs advocacy reveals charlatanism, proposing solutions w/unseen side effects; scientism for profit. @philipbstarkpic.twitter.com/vL8Qcw8U7m Permalink 1:24 PM – 30 Oct 2016

@nntaleb Being nice counts the most when you are nice to people ignored by others. Permalink 1:21 PM – 30 Oct 2016

@ggreenwald The savage Saudi/US/UK war on Yemen lacks all the typical propaganda options- we’re bombing for freedom, Bad Dictator, etc- so it’s ignored. Permalink 6:34 AM – 30 Oct 2016

@nntaleb Journos & soc. “scientists” fail to detect the difference betw science and scientism.https://twitter.com/dmandl/status/792721099662307328   Permalink 6:35 AM – 30 Oct 2016

@nntaleb Ironically the computer allows us to do more abstract math as it does the nitty gritty sh*t work & frees us to see deeper @CutTheKnotMath Permalink 5:59 AM – 30 Oct 2016

@nntaleb We should put ellipticality in our book as higher D fat tails while lower D thin tailed @DrCirillo @financequantpic.twitter.com/JnF0CpvbmS Permalink 5:23 AM – 30 Oct 2016