Bloomberg TV Markets and Finance
Published on Oct 16, 2017
Oct.16 — The Black Monday crash was 30 years ago this week. “Black Swan” author Nassim Taleb was a trader for First Boston at the time. He made a lot of money while others lost fortunes. He recounts the experience with Bloomberg’s Erik Schatzker.
Monthly Archives: October 2017
Weinstein, Thaler, Virtue Signaling, Ottomans, Catalunya, Playboy, Monsanto, Silver Rule – Twitter
@nntaleb On my way to Moscow for a lecture at Moscow State U. Tuesday Permalink 9:27 PM – 14 Oct 2017
@nntaleb & rape apologist Permalink 8:47 PM – 14 Oct 2017
@nntaleb There is enough to show that CNN BS vendor journalist Michael Weiss @michaeldweiss is misogynist & has pro-fascist pro-Alqaeda tendencies. Permalink 4:47 PM – 14 Oct 2017
@nntaleb witchhunts Permalink 4:07 PM – 14 Oct 2017
@nntaleb Acceptable; silence for $$ only so if perpetrator will not harm others.https://twitter.com/inkion/status/919321058464768000 Permalink 3:01 PM – 14 Oct 2017
@nntaleb Le bouc émissairehttps://twitter.com/drudge_report/status/919313113144426496 Permalink 2:47 PM – 14 Oct 2017
@nntaleb Using like @dandrezner a strawman to tag someone you don’t like “racist”,”sexist”, “somethingist” to trigger whichhunts is morally repellent Permalink 2:02 PM – 14 Oct 2017
@nntaleb Vile @dandrezner transformed my disaproval of encouraging further rape w/$$ for silence as “sexist”. What do to him?https://medium.com/incerto/the-facts-are-true-the-news-is-fake-5bf98104cea2 Permalink 1:17 PM – 14 Oct 2017
@nntaleb Actors represents to us on the screen how other citizens are; but they are too fake to be like other citizens. No #skininthegame, all image Permalink 12:42 PM – 14 Oct 2017
@sicruzado That being said McGowan must admit it wasn’t correct to make a deal on her silence. She traded her integrity for “career”. Permalink 11:12 AM – 14 Oct 2017
@amyalkon Keeping silent as trade for money & fame ultimately means selling out others down to road to be victimized – ugliest self-interest. Permalink 8:15 AM – 14 Oct 2017
@nntaleb By what logic is accepting payment to perpetuate the system NOT creating future victims? Selling one’s silence is non negociable ethically. Permalink 8:05 AM – 14 Oct 2017
@nntaleb No, imbecile. It is payment to stay silent! Permalink 7:23 AM – 14 Oct 2017
@nntaleb Or, worse, blackmail. @schmittpaula Permalink 7:14 AM – 14 Oct 2017
@nntaleb Any financial transaction of the sort is just prostitution.https://twitter.com/schmittpaula/status/918780641919033344 Permalink 6:51 AM – 14 Oct 2017
@nntaleb Paper will be on Archiv next Tue. Permalink 6:43 AM – 14 Oct 2017
@____AGM____ This paper destroys political science BS models.https://twitter.com/nntaleb/status/919188024457560069 Permalink 6:10 AM – 14 Oct 2017
@keithwalkiewicz “There exist a kind of people for whom life is some kind of project…” – @nntaleb #Antifragile pic.twitter.com/MsHHVagLnk Permalink 6:10 AM – 14 Oct 2017
@nntaleb Election Predictions as Martingales: An Arbitrage Approach, forthcoming in Quantitative Finance. pic.twitter.com/YQMb2WhbhL Permalink 6:07 AM – 14 Oct 2017
@CutTheKnotMath A friendly probability question #FigureThat #math #probability pic.twitter.com/e47QM8THA6 Permalink 12:04 PM – 13 Oct 2017
@nntaleb Flunked. This leaves no tail on dish, likely to be dyed pasta.https://twitter.com/EduQuinn/status/918572125870534657 Permalink 1:21 PM – 12 Oct 2017
@nntaleb Stupid pple have political “scientist” friends. Blocking them keeps your feed clean of political scientists & other bullshitters. Gabish? Permalink 9:28 AM – 12 Oct 2017
@nntaleb Romans wd despise today’s scholars of Rome, as “tawkers”, nonrisktakers, e.g., a nondoer “expert” on Stoicism s.a.@mpigliucci #skininthegame Permalink 6:40 AM – 12 Oct 2017
@nntaleb Most of all, Romans gave actors a pariah rank in society, because they “faked” by profession. #skininthegame Permalink 6:34 AM – 12 Oct 2017
@nntaleb Romans believed in Lindy. They detested theory, wanted results. They never mistook technology for science. #LindyEffecthttps://twitter.com/holland_tom/status/918463935011057665 Permalink 6:31 AM – 12 Oct 2017
@nntaleb Shin and Waw, obvious. J2a haplogroup. Permalink 6:27 AM – 12 Oct 2017
@nntaleb Comment 1: A few idiots ranting here (now blocked) didn’t get that barbers, technologists & artisans are not included in my hobbyist list. Permalink 5:07 PM – 11 Oct 2017
@nntaleb Some pursuits such as 1) love, 2) science, and 3) politics are more genuine when carried out by hobbyists rather than professionals. Permalink 2:16 PM – 11 Oct 2017
@BlueSertorius I think you did not understand his books then. (Taleb on twitter)=(taleb on books)^2 and I fucking love it Permalink 11:19 AM – 11 Oct 2017
@nntaleb WEINSTEIN Punish him for exploitation of women. But he seeking treatment for libido Not misuse of power/hypocrisy/virtue signaling! Permalink 7:26 AM – 11 Oct 2017
@nntaleb Το oνομα μου είναι *Νίκος* στα Ελληνικαhttps://twitter.com/NBDruid/status/918091350335213568 Permalink 6:27 AM – 11 Oct 2017
@CutTheKnotMath A problem of loaded dice https://www.cut-the-knot.org/Probability/LoadedDice.shtml #FigureThat #math #probability ” target=”_blank”>http://pic.twitter.com/lTlvz6OWyl”> pic.twitter.com/lTlvz6OWyl Permalink 6:03 AM – 11 Oct 2017
@nntaleb Every few days, I find myself lamenting U. Eco’s absence. No living figure is that rich: fertile, erudite, playful, charming,& Mediterraneanhttps://twitter.com/holland_tom/status/917429987044679680 Permalink 11:30 AM – 10 Oct 2017
@nntaleb Dakhil origin: Aramaic corrupted, not Arb (DKL) pic.twitter.com/YMDqnJcfgJ Permalink 10:20 AM – 10 Oct 2017
@nntaleb Not of word of Arabic in this Leb. sentence: Dakhil rabb (Fear Lord), Canaanite fann: Greek (pneuma) bi: Aramaic Ligha: Greek (logos)https://twitter.com/Abbinus/status/917784833773985793 Permalink 10:17 AM – 10 Oct 2017
@garyruskin Reporting on the World’s Most Controversial Farm Chemical, via @CivilEats @TheBostonWriter http://bit.ly/2fYsgBr @careygillam Permalink 5:47 AM – 10 Oct 2017
@nntaleb I confess I had someone specific in mind Loss aversion punishes Much harder to be asked “why is there is a statue?” than why there isn’t onehttps://twitter.com/nntaleb/status/902138152281919488 Permalink 3:43 AM – 10 Oct 2017
@CutTheKnotMath A second probability problem #FigureThat #math #probability pic.twitter.com/S6Q7Uwddsu Permalink 3:33 PM – 9 Oct 2017
@nntaleb Ana méṡé ma3ak. La nġayyer min Faddoul ṡwayy. Bass l”3″ aḣsan min el rusé.https://twitter.com/turlevnon/status/917495082017796096 Permalink 2:05 PM – 9 Oct 2017
@nntaleb Maltese works because it has minimal switches @turlevnon pic.twitter.com/zaPWxxGzZH Permalink 1:30 PM – 9 Oct 2017
@nntaleb Na22e 7arf ma7al l ع (bil siryéné ܥ wbil aramé ע ) lallébnéné ljdid. ч amma 3 ? Permalink 10:19 AM – 9 Oct 2017
@JulianAssange Richard Thaler just won the Bank of Sweden Prize for economics (there is no Nobel prize for economics). Thaler is dangerous proponent of state totalitarianism who wants to eliminate unsurveilled human economic exchange. Sweden is the most cashless society.https://twitter.com/R_Thaler/status/796007237458206720 Permalink 10:06 AM – 9 Oct 2017
@nntaleb Pick a letter as substitute for ع (equiv to ܥ in Syriac or ע in Aramaic) for Modern Lebanese. ч or 3 (note that ч is from the Cyrillic) Permalink 7:00 AM – 9 Oct 2017
@GreenRupertRead Delighted: my motion on extending the @PrecPrinciple to cover X-risks and research-funding into them just PASSED overwhelmingly at #gpconf Permalink 3:41 AM – 9 Oct 2017
@nntaleb The @EUDelegationTur doesn’t get that the Turks didn’t “come to” Mardin (small DNA flow). Turkish speaking simply means someone converted. pic.twitter.com/MYvq281BHV Permalink 8:36 AM – 8 Oct 2017
@nntaleb Nietzsche’s Master-Slave morality in modern terms: Reputation is for slaves, Honor, Courage, & Integrity is for the Self-Owned. Permalink 1:54 PM – 7 Oct 2017
@nntaleb The main problem is vulnerability to reputational effects. Fragility. You can’t be a slave and avoid behaving like a slave.https://twitter.com/wolfejosh/status/916712530738900992 Permalink 10:44 AM – 7 Oct 2017
@nntaleb Someone writing the article didn’t get scaling. Sweden is small. Size is a dominant characteristic.https://twitter.com/pascalbouvier/status/916632044196724736 Permalink 4:54 AM – 7 Oct 2017
@mikeadsit Roundup kills more than weeds. Beneficial soil bacteria face a weed-killing threat from above | Cornell Chronicle http://news.cornell.edu/stories/2017/06/aristildeglyphosate Permalink 6:12 PM – 6 Oct 2017
@nntaleb Please, this is only for US residents who follow me on Twitter. Where did you get the last book you’ve read? Permalink 5:25 PM – 6 Oct 2017
@nntaleb “Tings” I learned today: a- There is no money in glamor (W’s stake is 130 m pretax) b- You don’t have to be really rich to buy into politics pic.twitter.com/9wNWwr8EFN Permalink 5:05 PM – 6 Oct 2017
@nntaleb 3/3 The more people do “data” the less they understand its information. Permalink 3:22 PM – 6 Oct 2017
@nntaleb In other words, don’t cross a river because it is 4 feet deep ON AVERAGE. Gabish? #Antifragile Permalink 3:21 PM – 6 Oct 2017
@nntaleb Harvey W. was a master at virtue signaling. Pseudo-left: they endorse causes to feel virtuous.https://medium.com/incerto/the-merchandising-of-virtue-b548762658f0 Permalink 3:09 PM – 6 Oct 2017
@nntaleb Another person who doesn’t understand convexity.https://twitter.com/simongerman600/status/916418298186694656 Permalink 2:56 PM – 6 Oct 2017
@izag2010 @izag2010 Firearm incidents have thin tailed propability Distributions, Terrorism, Fat tailed you Imbeciles! @nntaleb Permalink 2:54 PM – 6 Oct 2017
@GuruAnaerobic Mark Sissons is right – being obsessed with Keto misses the point. As @nntaleb wud say, it’s an insult to variationhttps://www.marksdailyapple.com/where-i-part-ways-with-the-popular-keto-movement/ Permalink 5:18 AM – 6 Oct 2017
@nntaleb Did someone answer this idiot?https://twitter.com/ftmag/status/915833997145595904 Permalink 5:52 PM – 5 Oct 2017
@nntaleb Squid ink pic.twitter.com/O3qSCTY8Vu Permalink 10:25 AM – 5 Oct 2017
@nntaleb Counter to Arabists BS vendors, there was in 4th C. Roman province called “Phoenicia” & there were “Phoenicians”. Libanius (Autobiography) pic.twitter.com/4Drb9552BR Permalink 8:04 AM – 4 Oct 2017
@nntaleb Yeah, yeah, yeahhttps://twitter.com/thespainreport/status/915527395528110080 Permalink 4:17 AM – 4 Oct 2017
@nntaleb Cirillo lektchuring my class on extreme value distributions pic.twitter.com/s1D5EXglUr Permalink 3:28 PM – 3 Oct 2017
@nntaleb OK,OK, new title again pic.twitter.com/kyRFZvRU5x Permalink 12:58 PM – 3 Oct 2017
@nntaleb OK, OK, So new subtitle pic.twitter.com/yAzfereSrz Permalink 6:15 AM – 3 Oct 2017
@nntaleb Finally, @DrCirillo came to spend a couple of weeks in New York. We plan on finishing the book and publishing by February. pic.twitter.com/cPLSrUZREd Permalink 5:52 AM – 3 Oct 2017
@nntaleb This economist gets it that *some* doctors do more harm than good. But doesn’t realize we shd be much better off w/o economists than with.https://twitter.com/JustinWolfers/status/915182646480838657 Permalink 5:30 AM – 3 Oct 2017
@nntaleb Una lezzione Calabrese, la lezzione “na vota u mese” (once a month) pic.twitter.com/8BoYR9K6Vg Permalink 7:31 AM – 2 Oct 2017
@nntaleb Friends, can Anyone answer:What are the proportions if haplogroups/ subclades in Catalunya? Permalink 6:42 AM – 2 Oct 2017
@nntaleb Real World Risk Seminar: No thought police, no pol correctness, nothing is off-limits. (Nov 13-17) @financequant http://realworldrisk.com/pictorial_view_of_the_program_by_dhaval Permalink 5:29 AM – 2 Oct 2017
@nntaleb What I learned today: Ottomans used the Western (AD) calendar (1899).https://twitter.com/OttomanArchive/status/914565507071823875 Permalink 4:45 AM – 2 Oct 2017
@nntaleb Lindy: Progress means change, but not too fast. pic.twitter.com/7vr5C6GkfG Permalink 3:24 PM – 1 Oct 2017
@nntaleb Catalunya. Permalink 2:22 PM – 1 Oct 2017
@nntaleb Never argue w/ pple on twitter. Expose people’s arguments for others to see. More generally, you argue with the audience, not the person.https://twitter.com/Mangan150/status/914542702938730497 Permalink 12:21 PM – 1 Oct 2017
@nntaleb A function in Mathematica to get the [a]-Mean (mean across all permutations); helps w/ Miurhead’s ineq & other uses of a generalized mean. pic.twitter.com/ClIJzpeU8V Permalink 12:05 PM – 1 Oct 2017
@nntaleb Where is Orwell? Replaced by monoculture-promoting, reputation-minded, pseudoleftist wusses. Wusses.https://twitter.com/WillMcHoebag/status/914452597205069824 Permalink 5:46 AM – 1 Oct 2017
@nntaleb Where is Orwell? Replaced by monoculture-promoting, reputation-minded, pseudoleftist wusses. Wusses. https://twitter.com/WillMcHoebag/status/914452597205069824 Permalink 5:46 AM – 1 Oct 2017
@PZalloua 2-Sunset over temples of Astarte (left) and Baal Amon (right). Cadiz pic.twitter.com/2q5SRur9yi Permalink 2:50 AM – 1 Oct 2017
@nntaleb This holds largely for EastMed and partly for WestMeds. Permalink 1:33 PM – 30 Sep 2017
@nntaleb Population Genetics du Jour: If Armenians/Georgians/Iranians(N)/Anatolians/Kurds look Mediterranean, it’s because Meds originate from there. Permalink 12:54 PM – 30 Sep 2017
@nntaleb In academia, there is no difference between academia & the real world. In the real world, there is. (inspired by Yogi Berra)https://twitter.com/DrTomFlynn/status/902647984000827392 Permalink 11:32 AM – 30 Sep 2017
@nntaleb “Dear Dr T, Someone sent me an article in which you wrote [some insult] abt me” Translation: “I googled my name & found your mentioning me” Permalink 11:29 AM – 30 Sep 2017
@nntaleb “Privatized” homeland security, if you want to see it that way.https://twitter.com/theeconomist/status/914134920741695489 Permalink 9:20 AM – 30 Sep 2017
@nntaleb A new challenge. Initial from @erugli , @CutTheKnotMath pic.twitter.com/bs1cHjf5ZX Permalink 4:30 AM – 30 Sep 2017
@nntaleb The skin in the game (symmetry) Q is: Would you like your daughter to appear in Playboy? If so, then do the interview. Otherwise, shut up Permalink 3:15 AM – 30 Sep 2017
@nntaleb Partial list of interviewees… Two-faced “left” intellectuals using a vehicle demeaning to women for own self-promotion. pic.twitter.com/bcFVOMQDuW Permalink 11:43 AM – 29 Sep 2017
@maircomm And a former colleague, a Hungarian: “The problem with Nassim Taleb is not that he’s an —hole. Nassim Taleb is an —hole. The problem with Nassim Taleb is that he is right.” Permalink 7:13 AM – 29 Sep 2017
@CutTheKnotMath Kunihiko Chikaya’s Inequality https://www.cut-the-knot.org/m/Algebra/Kunny.shtml #FigureThat #math #algebra #inequality ” target=”_blank”>http://pic.twitter.com/5PSfS17eHm”> pic.twitter.com/5PSfS17eHm Permalink 7:08 AM – 29 Sep 2017
@nntaleb An “interview” in Playboy is the equivalent of putting a prayer room in the middle of a bordello, w/the excuse that it attracts worshippers. Permalink 5:14 AM – 29 Sep 2017
@nntaleb Genetic Literacy Project is a Monsanto mouthpiece meant to smear scientists who disagree. Should NEVER be relied upon. Gabish? Permalink 3:12 AM – 29 Sep 2017
@nntaleb Nice to wake up to such great news. Delenda Monsanto! Euro Parliament decide to bar Monsanto lobbyists https://www.ft.com/content/5c1c61e6-a457-11e7-b797-b61809486fe2 via @FT Permalink 2:47 AM – 29 Sep 2017
@DirkAntonvM If there is only one article you want to read this Fall, let it be this one. It explains so much of the turmoil around the world.https://twitter.com/nntaleb/status/913359606356877312 Permalink 2:41 AM – 29 Sep 2017
@AJA_Cortes People with muscular necks don’t get fucked with Permalink 3:53 PM – 28 Sep 2017
@nntaleb So, Mary Beard, with all this career bloviating in books you can’t tell the difference between DESCRIPTIVE & NORMATIVE? Permalink 2:48 PM – 28 Sep 2017
@SwaidanCeline Ohhhhh pleasseee: عُقْد: necklace. عِِقد: decade. عَقْد: contract. عَقَدَ: held. عَقَّدَ: complicated. عُقَدْ: knots.https://twitter.com/theweirdworld/status/913461743162134528 Permalink 1:15 PM – 28 Sep 2017
@nntaleb Mary Beard ou are hinting that I stand AGAINST equality? You keep proving you are intellectualy DISHONEST, insecure, and a BS artist. Permalink 1:06 PM – 28 Sep 2017
@nntaleb Replace “religion police” in this NYT Op-Ed about what happened to @AkyolinEnglish by “thought police” & notice there is NO difference.https://twitter.com/nytopinion/status/913463407076106241 Permalink 12:58 PM – 28 Sep 2017
@nntaleb What “humble” brag? There is nothing humble about me and I do NOT hide it. Gabish? Permalink 12:37 PM – 28 Sep 2017
@nntaleb Was told it was the most impactful & most read interview on the planet. Many “serious” authors did it: Nabokov, Mailer, Moravia, Rand… Permalink 12:24 PM – 28 Sep 2017
@nntaleb Playboy. I can proudly say that the Playboy Interview is the first interview I ever declined, when I was invited in 2008. Permalink 11:50 AM – 28 Sep 2017
@sprenten Only about 5 people read this tweet and understand it was made to make you think and not to confirm a bias! Permalink 11:42 AM – 28 Sep 2017
@nntaleb Tax plan: if passed, will it be retro-effective for 2017 (as was Reagan’s)? Permalink 10:05 AM – 28 Sep 2017
@DeadLiftCapital just as de Tocqueville described pic.twitter.com/b4FpyKP1Bl Permalink 6:45 AM – 28 Sep 2017
@nntaleb Not just Byzantine, though. The DNA of the Koura, shows some Krusader genes. Mountains nearby: Armenian genes (Mardaitis) @PZalloua pic.twitter.com/upZIjvRhfA Permalink 6:41 AM – 28 Sep 2017
@nntaleb IYI: “He has mentioned quantum mechanics at least twice in the past 5 years in conversations that had nothing to do w/physics.” Chap 6 ,SITGhttps://twitter.com/dandolfa/status/913225599489118208 Permalink 6:33 AM – 28 Sep 2017
@nntaleb Those who have equal rights today are complaining much, much more than when they didn’t have them. Permalink 6:06 AM – 28 Sep 2017
@nntaleb The old technique is that if your target has thick skin/f*** you money, attack pple close to him.https://medium.com/incerto/the-skin-of-others-in-your-game-3f51d8ccc3fb Permalink 5:52 AM – 28 Sep 2017
@nntaleb Dear friends, Someone anonymous I’ve blocked are targeting gents I interract w/ & harrass them. I suggest blocking & reporting to twitter. Permalink 5:25 AM – 28 Sep 2017
@nntaleb Only 5000 years gap between Syria and Saudi Barbaria.https://twitter.com/leithfadel/status/772601014226653184 Permalink 4:13 AM – 28 Sep 2017
@nntaleb Minority rule https://medium.com/incerto/the-most-intolerant-wins-the-dictatorship-of-the-small-minority-3f1f83ce4e15 https://twitter.com/WestmonsterUK/status/913348073077792768 Permalink 4:07 AM – 28 Sep 2017
@CutTheKnotMath Here’s I put it up. Thank you https://www.cut-the-knot.org/m/Algebra/erugli.shtml ” target=”_blank”>http://pic.twitter.com/r3AW7zOkTc”> pic.twitter.com/r3AW7zOkTc Permalink 7:04 PM – 27 Sep 2017
@HenricsonJacob Thrilled to be joining @nntaleb and friends for Real World Risk workshop in November. #MakeRiskRealAgain Permalink 12:20 PM – 27 Sep 2017
@CutTheKnotMath A simple inequality with exponents in two variables https://www.cut-the-knot.org/m/Algebra/InequalityWithExponents.shtml #FigureThat #math #algebra #inequality ” target=”_blank”>http://pic.twitter.com/jD6UiPXZOB”> pic.twitter.com/jD6UiPXZOB Permalink 9:51 AM – 27 Sep 2017
@nntaleb The Koura valley stayed off and on Byzantine for a while.https://twitter.com/hagiasophiatr/status/913038071532269568 Permalink 7:22 AM – 27 Sep 2017
@nntaleb A footnote on associated accusations of “sectarianism” pic.twitter.com/WO5mzI1tpi Permalink 6:22 AM – 27 Sep 2017
@nntaleb Final Devaluation of “Racism”: Arabs/Turks accuse Kurds of “racism” for wanting their own state Kurds accuse them of “racism” for opposing Permalink 5:41 AM – 27 Sep 2017
@JudicialWatch The FBI collaborated w/ the IRS in the IRS scandal. The IRS Commish should be removed from office. Learn more here: http://jwatch.us/vCwTo5 ” target=”_blank”>http://pic.twitter.com/icV20zNueB”> pic.twitter.com/icV20zNueB Permalink 2:45 PM – 26 Sep 2017
@nntaleb Isocrates: Treat other states the way you’d like to by treated by them. Silver Rule is the foundation of modern society. Apply to states. pic.twitter.com/Q66kGjJDg1 Permalink 11:58 AM – 26 Sep 2017
@nntaleb 1918: Woodrow Wilson’s doctrine of self determination. 2017: US/EU Position on Kurdistan driven by oil interests. Permalink 11:34 AM – 26 Sep 2017
@nntaleb The only way to undertand how something works is by figuring out how to break it.https://twitter.com/strifenjustice/status/912697416368967680 Permalink 11:29 AM – 26 Sep 2017
@nntaleb Politico story does not report that Monsanto ghostwrote Helmut Greim paper on glyphostate.https://twitter.com/thackerpd/status/912694078088851456 Permalink 9:25 AM – 26 Sep 2017