Category Archives: Contributors

The Logic of Risk Taking | Medium

Leave a reply

The Logic of Risk Taking

Consider the following thought experiment.

First case, one hundred persons go to a Casino, to gamble a certain set amount each and have complimentary gin and tonic –as shown in the cartoon in Figure x. Some may lose, some may win, and we can infer at the end of the day what the “edge” is, that is, calculate the returns simply by counting the money left with the people who return. We can thus figure out if the casino is properly pricing the odds. Now assume that gambler number 28 goes bust. Will gambler number 29 be affected? No.

Something Neither Antisemitic Nordic Supremacists Nor Arab Nationalists Will Like | Medium

Leave a reply

Something Neither Antisemitic Nordic Supremacists Nor Arab Nationalists Will Like

Something Hitler Would Not Have Liked

Although White Supremacists like to be antisemitic, here is something Hitler would have hated: Ancient Greeks were genetically as close to Ancient Levantines as they were to the so called “Aryans”. It just happened that Ancient Greeks spoke an Indo-European language while Ancient Levantines spoke a Semitic one.

Leave a reply

Nassim Nicholas Taleb talks with EconTalk host Russ Roberts about the manuscript version of his forthcoming book, Skin in the Game. Topics discussed include the role of skin in the game in labor markets, the power of minorities, the Lindy effect, Taleb’s blind spots and regrets, and the politics of globalization.  http://www.econtalk.org/archives/2017/08/nassim_nicholas_1.html

The insidious racism of Mary Beard and the “diversity” operators | Medium

Leave a reply

The insidious racism of Mary Beard and the “diversity” operators

The diversity discourse appears to serve an insidious form of racism and Northern Euro supremacist agenda (with a redefinition of the Western world and a reframing of the classics). Please stop classifying people according to race, and stop creating racial stereotypes and divisions in the name of “diversity”, while doing some smug virtue signaling. Look up “framing” in a decision theory textbook and you can see what I mean. This is no different from funding Al Qaeda headcutters and women-enslavers in Syria in the name of “democracy”.