@Pascallisch Same is true for animals/evolved cognitive systems. Most false positives for predator detection in foliage are without consequence. A single false negative can be fatal. Raw accuracy is not the point. Permalink 9:11 AM – 7 Mar 2020
@nntaleb If the word “panic” means “exaggerated” reaction, could be so at the individual level but NOT at the collective one. We MUST reduce connectivity for 20 d to avert a serious problem. We have survived for zillion years thanks to “irrational” “panics”. https://twitter.com/nntaleb/status/1235663235573067777?s=20 Permalink 8:30 AM – 7 Mar 2020
@nntaleb Saying the coronavirus panic is dumb is dumb. #PrecautionaryPrinciple #WittgensteinsRuler https://twitter.com/elonmusk/status/1236029449042198528 Permalink 7:56 AM – 7 Mar 2020
@nntaleb “If you see fraud, & you don’t say fraud, you are a fraud”. I provided a list of #RiadPonzi & the banker’s partisans. They also engaged in smearing those who were opposed to paying. https://twitter.com/Nasser_Saidi/status/1236253217010450432 Permalink 4:32 AM – 7 Mar 2020
@nntaleb 1) Predictions don’t count. It’s their payoff, what you do w/them (x is not f(x) ). Academics don’t get it. “Speculators are not paid in true or false, but in $) 2) Indeed, I don’t run the account. But I save the tweets as I am too lazy to have a notebook. Thanks, Cetin. https://twitter.com/TalebWisdom/status/1236080589897375749 Permalink 4:19 AM – 7 Mar 2020
@nntaleb Impressive: he was self-taught in Semitic languages. Like our @HsenAndil “Only autodidacts are free” (#Antifragile) pic.twitter.com/21brbso7PR Permalink 3:42 PM – 6 Mar 2020
@HomegrownJoan @nntaleb Nurses need help! https://mobile.twitter.com/NNUBonnie/status/1236019979125915651 https://twitter.com/NNUBonnie/status/1236019979125915651 Permalink 3:05 PM – 6 Mar 2020
@nntaleb We hit 400 volunteers! https://twitter.com/yaneerbaryam/status/1235644497528307719 Permalink 2:53 PM – 6 Mar 2020
@nntaleb New job https://twitter.com/Imparziale4/status/1236061954772475904 Permalink 2:52 PM – 6 Mar 2020
@paulportesi @nntaleb Wittgenstein ruler https://twitter.com/elonmusk/status/1236029449042198528 Permalink 2:10 PM – 6 Mar 2020
@nntaleb Possibly the most erudite man in history. He taught himself Semitic Languages & translated Arabic proverbs into Latin. He knew Arabic, Greek, Latin, Hebrew, Syriac/Aramaic. He was to Montaigne (then considered a popularizing philistine) what Umberto Eco was to Fox News. https://twitter.com/sentantiq/status/1235995793280163840 ” target=”_blank”>http://pic.twitter.com/WnvFGd2LXU”> pic.twitter.com/WnvFGd2LXU Permalink 11:53 AM – 6 Mar 2020
@nntaleb Just blocked a few who discuss this virus in terms of “predicting” & track record, as Phil the rat @PTetlock & others in the “forecasting” BS are presenting it. When you put your seat belt you aren’t “forecasting” a crash. When you lock your house you aren’t forecasting theft… Permalink 8:53 AM – 6 Mar 2020
@dancarna Localism in Seattle: the CDC was taking too long with multiple fumbles getting testing kits to us so we made our own. Now we’re able to test 1000 people per day https://www.seattletimes.com/seattle-news/health/with-seattle-on-the-front-lines-of-covid-19-epidemic-university-of-washington-lab-given-emergency-approval-to-test-for-coronavirus/ Permalink 7:49 AM – 6 Mar 2020
@normonics As this thing evolves, remember: we did not hedge. We told you what we saw and what was coming if we failed to take action. Most are too busy hedging to get their head out of the sand. https://twitter.com/nntaleb/status/1221486205847646208 Permalink 6:39 AM – 6 Mar 2020
@ole_b_peters New blog post. Probability weighting is one of those supposed cognitive biases that evaporate, as far as I can tell, when we think carefully about how to live within time. https://ergodicityeconomics.com/2020/03/06/probability-weighting-and-ergodicity-economics/ Permalink 6:26 AM – 6 Mar 2020
@nntaleb Actually we can show this identity is false: Negative log = log[abs[]]+ i \pi is not really a function, when we solve as 1 rather than 2 integrals we get a residual of \frac{\pi^3}{3}. Otherwise the left integral is something like -5/4 i zeta(3) “offset” by the second integral. Permalink 6:22 AM – 6 Mar 2020
@nntaleb LOCALISM ! Mervyn King understand that city-states shd deal directly with one another, not via some bureaucrat in Brussels/DC Athens had a deal w/Sidon: full rights in both places (at least in Athens, where resident Sidonese were not metics but citizens) https://www.bloomberg.com/opinion/articles/2020-03-06/mervyn-king-city-of-london-should-align-with-new-york-not-eu?srnd=premium Permalink 5:48 AM – 6 Mar 2020
@nntaleb OK, Friends, Now that you understand multiplicative and systemic effects, you can get why we worry about GMOs –but not small idiosyncratic risks. https://www.fooledbyrandomness.com/PrecautionaryPrinciple.html ” target=”_blank”>http://pic.twitter.com/tuaCvEo9MO”> pic.twitter.com/tuaCvEo9MO Permalink 3:54 AM – 6 Mar 2020
@MKM_Abdul Precisely what @nntaleb wrote in Antifragile. https://twitter.com/annchildersmd/status/1235632957995372544 Permalink 2:16 AM – 6 Mar 2020
@nntaleb Thanks for the help. https://twitter.com/yaneerbaryam/status/1235644497528307719 Permalink 3:18 PM – 5 Mar 2020
@nntaleb Another blue check mark who doesn’t understand 1) multiplicative processes, 2) risk, 3) other stuff. Yet spreading danger. Another one. https://twitter.com/PeterDiamandis/status/1235682503605669888 Permalink 1:58 PM – 5 Mar 2020
@nntaleb Why it is SELFISH to not worry more about the virus than other sources of risk even if it does not affect you as much. Individual precaution does not scale to collective precaution. [Adding to PRINCIPIA POLITICA] pic.twitter.com/F7jRKAQ4dz Permalink 12:27 PM – 5 Mar 2020
@nntaleb Maestro Statistician Andrew Gelman going (as usual) after nudgeboy @CassSunstein [If you want to be scared, imagine him or concoctista “Rationality Richard” @Richard_Thaler doing some nudging from the White House if Biden is elected.] https://statmodeling.stat.columbia.edu/2020/03/03/coronavirus-panic-news/ ” target=”_blank”>http://pic.twitter.com/yE3dwbGdNm”> pic.twitter.com/yE3dwbGdNm Permalink 10:50 AM – 5 Mar 2020
@nntaleb Tail hedge: he explains the logic of how to make a portfolio ergodic by cutting the left tail. https://twitter.com/WSJ/status/1235316588640759808 Permalink 9:27 AM – 5 Mar 2020
@nntaleb News is misleading. They froze the assets of bank OWNERS & managers. Permalink 6:54 AM – 5 Mar 2020
@nntaleb Grrrrrrrreat news! The Cascade has started. Next in line: #RiadPonzi (Fakkét l masb7a!) https://reut.rs/2Tq9FTC Permalink 6:40 AM – 5 Mar 2020
@nntaleb For those in quarantine (self-imposed or involuntary), a though problem by @SrinivasR1729 pic.twitter.com/dMOcjFwhmJ Permalink 3:56 AM – 5 Mar 2020
@nntaleb Those who mistake absence of evidence for evidence of absence (like these morons) end up leaving the gene pool, except that here they endanger others. https://twitter.com/statesman/status/1235247099756892162 Permalink 10:39 AM – 4 Mar 2020
@nntaleb 4) Ricardo got the point but missed on its analytical consequences. pic.twitter.com/CLPZG4aOQS Permalink 8:24 AM – 4 Mar 2020
@yaneerbaryam Its time to take action to stop COVID-19. Join our volunteers working at local and regional levels to help contain the virus. Email necsivolunteers@gmail.com with your state and county information to join the team @nntaleb Permalink 8:05 PM – 3 Mar 2020
@nntaleb And… when you finish one volume, start a new one. Technical Incerto Volume 2 pic.twitter.com/4tTlvPpwJ0 Permalink 9:11 AM – 3 Mar 2020
@nntaleb Add this smearer @Berti74 pic.twitter.com/KABktMe6hg Permalink 7:22 AM – 3 Mar 2020
@nntaleb Neo-nazis, like Quillettists, are statistically incompetent, parroting buzzwords like “PCA” Even if correct (it’s not),PCAs, 1)reflect recent endogamy, 2)distances need to be corrected. Entropy: If pple LOOK the same, they ARE the same. See my paper: https://www.academia.edu/41442347/Informational_Rescaling_of_PCA_Maps_with_Application_to_Genetics ” target=”_blank”>http://pic.twitter.com/2y3vZLjsRn”> pic.twitter.com/2y3vZLjsRn Permalink 6:28 AM – 3 Mar 2020
@nntaleb ANNOUNCEMENT #Lebanon Why is the most dangerous & incompetent central banker in history, #RiadPonzi, still in power? He owns a few journalists who smear those who mention him. Suspects: مرسيل غانم جورج غانم فيوليت بلعة فيليب ابي عقل موفق حرب ربيع الهبر بسام ابو زيد ميشال قنبور Permalink 4:46 AM – 3 Mar 2020
@nntaleb ANNOUNCEMENT #Lebanon Why is the most dangerous & incompetent central banker in history, #RiadPonzi, still in power? He owns a few journalists who smear those who mention him. Suspects: مرسيل غانم جورج غانم فيوليت بلعة فيليب ابي عقل موفق حرب ربيع الهبر بسام ابو زيد ميشال قنبور Permalink 4:46 AM – 3 Mar 2020
@nntaleb This music must be coming from deep Anatolia/East Med, before these languages came to the region. https://twitter.com/scmarco69/status/1234760835194593285?s=21 https://twitter.com/scmarco69/status/1234760835194593285 Permalink 4:21 AM – 3 Mar 2020
@nntaleb Yaneer explains the payoff from “panic”. If you reduce the connectivity between people the rate drops & we are nonlineaely out of the woods. Hint: the flu season typically starts & ends with the school year. https://twitter.com/yaneerbaryam/status/1234638804725751814 Permalink 5:00 PM – 2 Mar 2020
@nntaleb And the Ladino version of Jews from Turkey https://www.youtube.com/watch?time_continue=234&v=uSOrl7l9lOg&feature=emb_logo ” target=”_blank”>http://pic.twitter.com/efMUnRAFYU”> pic.twitter.com/efMUnRAFYU Permalink 1:06 PM – 2 Mar 2020
@nntaleb Few Turks are aware of the fact that they are almost entirely converted Greeks/Armenians/Georgians/Levantines. “Languages travel, genes stay” https://twitter.com/C_Westling/status/1234581871142588421?s=20 Permalink 12:52 PM – 2 Mar 2020
@nntaleb The Greek version: Ο ΓΙΑΤΡΟΣ https://www.youtube.com/watch?v=W8_fyNHO7q0 Permalink 12:44 PM – 2 Mar 2020
@nntaleb And the Levantine versions of “Aman Doktor” سكابا يا دموع العين https://www.youtube.com/watch?v=YoQ53H3wyKU https://twitter.com/AlfredHarb/status/1234564732423680000?s=20 Permalink 12:09 PM – 2 Mar 2020
@nntaleb EAST MED In spite of what Nordic supremacists have led people to believe, Greeks, Turks, Western Armenians, Anatolian Kurds, & Northern Syrians are the same people. They have the same soul. https://twitter.com/DIAS/status/1234256857360949249 Permalink 8:23 AM – 2 Mar 2020
@imleslahdin The way @nntaleb writes is the best model in the world. Not just the content, the whole open process. https://twitter.com/nntaleb/status/1234439613642682373 Permalink 3:36 AM – 2 Mar 2020
@nntaleb Came home to find hard copies of the new book. Beautiful. This is print on demand, which costs $20 per copy to print (highest quality paper). The volume version should costs $5-7 to print & will be available in 2 months. Meanwhile PDF is free: https://www.researchers.one/article/2020-01-21 ” target=”_blank”>http://pic.twitter.com/Cc9Ll5G9FZ”> pic.twitter.com/Cc9Ll5G9FZ Permalink 3:25 AM – 2 Mar 2020
@nntaleb John Gray is the real deal. https://twitter.com/davidsarac/status/1234138190048423937 Permalink 5:58 PM – 1 Mar 2020
@DIAS In Istanbul, some friends were singing an old Turkish song “Aman Doktor” in a restaurant. A Greek man walks up to the table and starts singing the same song in Greek (Greeks and Turks share many old folk songs) At the end The 2 men showed great respect to eachother wow pic.twitter.com/w2cWaliQyf Permalink 3:19 PM – 1 Mar 2020
@nntaleb AVOID PSEUDO-EMPIRICISM Just realized that the point about @CassSunstein style of pseudo-empiricism (common to journos/psychologists of risk and “rationality”) is explicit in Skin In the Game, nontechnical! pic.twitter.com/eiUIldB24M Permalink 1:50 PM – 1 Mar 2020
@nntaleb BLOCKING & FREEDOM OF EXPRESSION A twitter feed is NOT an open public forum. It is private. It is like your daily newspaper or your personal classroom. You are free to let in only qualified students. Otherwise noise will overtake your life. Permalink 12:01 PM – 1 Mar 2020
@nntaleb The wisest thing is to preemptively block every journalist — particularly UK and “science” ones. https://twitter.com/CalJamieson/status/1234202323834068993 Permalink 11:55 AM – 1 Mar 2020
@nntaleb Conferences are bad not because of how many people one connects with there, but because they move germs across the planet, de-localize the problem. https://twitter.com/TurgesonFerd/status/1234198348615147521?s=20 Permalink 11:34 AM – 1 Mar 2020
@nntaleb One heuristic. Whenever you hear “evidence based”, expect probabilistic fraud. https://twitter.com/AlfonsoSpencer9/status/1234042331030007808 Permalink 10:57 AM – 1 Mar 2020
@nntaleb Blocked the fellow (among others who dangerously advocate “no worry”). Higher fatality rate can actually lower the risk of the disease, make tails thinner. Why? Simply because dead people tend to not take planes, trains subways, & cruises. Even in California. pic.twitter.com/z32uuRvbzg Permalink 10:18 AM – 1 Mar 2020
@perfexcellent When I see this, the more I wish people would follow @nntaleb’s advice that these bodies should be created with a non-negotiable expiry date. Permalink 8:14 AM – 1 Mar 2020
@KaMiller1 Bottom of page 2 above the comic: @nntaleb provides greatest footnote in the history of footnotes. You made my morning, Sir! https://twitter.com/nntaleb/status/1234093143089434624 Permalink 5:47 AM – 1 Mar 2020
@TulsiGabbard .@realDonaldTrump Remember this? https://twitter.com/realdonaldtrump/status/375759718251503616 Permalink 5:40 AM – 1 Mar 2020
@nntaleb pic.twitter.com/HfkamAmsAl Permalink 4:32 AM – 1 Mar 2020
@nntaleb For those still unable to understand that death from multiplicative processes such as corona are NOT to be compared to those from thin-tailed sources, see Chapter 3 of new book: https://www.researchers.one/article/2020-01-21 ” target=”_blank”>http://pic.twitter.com/iM79LwHxHZ”> pic.twitter.com/iM79LwHxHZ Permalink 4:28 AM – 1 Mar 2020
@nntaleb This is not the base rate fucking fallacy. Please stop using names given by ignorant psychologists to statistical phenomena. Permalink 6:52 PM – 29 Feb 2020
@nntaleb There is a marked-to-market problem. Low incidence = low testing. Only places that mark to market properly seem to be Singapore and Bella Italia. pic.twitter.com/seSrdFy3X8 Permalink 5:31 PM – 29 Feb 2020
@nntaleb The initial discussion was how intelligent people (in the real sense, that is, people who get stuff) don’t correlate much with those with high IQ scores (IQ scores select for idiots who are good test takers/prone to becoming bureaucrats and slaves of states & large corps). Permalink 4:43 PM – 29 Feb 2020
@nntaleb PROBABILITY DU JOUR Why, among public figures, good looking people (actors) are not so intelligent, and intelligent people are not so good looking? (Posed by @joe_shipman) pic.twitter.com/idK1xOfeH2 Permalink 3:41 PM – 29 Feb 2020
@yaneerbaryam We are looking for volunteers for the coronavirus outbreak response. Please DM me if you are willing to help. In order for this to be stopped we need to work together to make it happen. Permalink 3:25 PM – 29 Feb 2020
@nntaleb The entire idea of the INCERTO is that uncertainty makes some decisions muuuuuuch easier. If I am “uncertain” about the skills of the pilot, I take another plane. If I am “uncertain” about an investment, I say no, etc. But Nudgeboy @CassSunstein suggests opposite. pic.twitter.com/I3jCFqSV6o Permalink 2:17 PM – 29 Feb 2020
@nntaleb The logical problem with IYIS: we don’t know the risk HENCE let’s ignore it. https://twitter.com/HarryDCrane/status/1233757564921356290?s=20 Permalink 1:52 PM – 29 Feb 2020
@nntaleb Most places with “low incidence” are turning out to be places of *low testing*. Includes, of course, the United States. https://twitter.com/trishankkarthik/status/1233784596241747968 Permalink 9:58 AM – 29 Feb 2020
@nntaleb The rate of infection drops when fewer people are in enclosed spaces. Singapore has too much AC in the summer. https://twitter.com/Kaschat1/status/1233771178357075968 Permalink 7:11 AM – 29 Feb 2020
@ggreenwald This Boston Globe column says Sanders’ attempt to win the Massachusetts primary is “very disrespectful” to Sen. Warren, a form of “major humiliation,” one that reveals an ugly character flaw of “unbridled ambition” that is “exceedingly off-putting” https://www.bostonglobe.com/2020/02/28/opinion/bernie-sanders-goes-campaign-kill/ ” target=”_blank”>http://pic.twitter.com/zhetcArYUr”> pic.twitter.com/zhetcArYUr Permalink 6:47 AM – 29 Feb 2020
@kemaunders Thank you to the brilliant team (@nntaleb, Raphael Douady, @financequant, Alicia Bentham Williams, @normonics, @trishankkarthik, Arié H, and Tom Messina) and my fellow participants who made #RWRI 13 an experience that will touch many parts of life. My immediate to do list… Permalink 2:29 AM – 29 Feb 2020
@seandaken THANK YOU Alicia Bentham-Williams @nntaleb Raphael Douady @financequant @normonics @trishankkarthik @ariehaziza @vergilden and my fellow participants for an incredible week. Found my people. See you at a future #RWRI #RWRI13 #incerto #oneplusminusalpha #cutthetail Permalink 5:06 PM – 28 Feb 2020
@nntaleb Please use # #RWRI not just #RWRI13 https://twitter.com/NachoOliveras/status/1232668480153014272 Permalink 9:20 AM – 26 Feb 2020
@nntaleb #RWRI 13 How simple rules build complex structures with Mathematica code by @financequant Genome cannot explain the conplexity of life pic.twitter.com/QIMxe8e3aX Permalink 8:33 AM – 26 Feb 2020
@TalebWisdom “Life isn’t about getting forecasts “right”; it is about navigating the environment and controlling it.” – Nassim Nicholas Taleb Permalink 7:10 AM – 26 Feb 2020
@nntaleb The hidden mean: you know that real cases are (at best) equal or higher than reported. Reported = lower bound, not estimate. https://twitter.com/spwells/status/1232676620667891715 Permalink 6:44 AM – 26 Feb 2020
@nntaleb No https://twitter.com/leominkus/status/1232419862879842306 Permalink 4:40 AM – 26 Feb 2020
@harshacoach People think of government as an abstract theological entity, not as a collection of individuals without skin in the game @nntaleb at #RWRI Permalink 4:38 AM – 26 Feb 2020
@DellAnnaLuca Tra l’altro, in questo thread qui sotto, la traduzione in italiano di alcuni documenti degli autori sopracitati: https://t.co/NGd4ef8Yc7 https://twitter.com/dellannaluca/status/1231140691020894208?s=21 Permalink 4:23 AM – 26 Feb 2020
@flaneurizer @nntaleb does not say directly, but China has same relationship with Hong Kong, milking it for the last 20 years. IYIs shout about China wanting to “crush” Hong Kong, but that’s BS. Just a mafioso maybe overplaying their hand. https://twitter.com/NachoOliveras/status/1232325743536984064 Permalink 1:59 AM – 26 Feb 2020
@TalebWisdom “Atheists are just modern versions of religious fundamentalists: they both take religion too literally.” – @nntaleb Permalink 10:18 PM – 25 Feb 2020
@nntaleb #RWRI https://twitter.com/nachooliveras/status/1232383749616230401 Permalink 4:29 PM – 25 Feb 2020
@RealJamesWoods Thank you, Doug. This is a brilliant assessment of our current situation with the #Wuhan #CoronaVirus. More importantly, as I understand it, taking strong, unpopular steps to implement strategic intervention before the pandemic is catastrophic in America is absolutely critical. https://twitter.com/ComplexSE/status/1232402538189787137 Permalink 12:58 PM – 25 Feb 2020
@bakingVC Forecasters don’t get rich by being right „on average“. Basically, that’s why there are no rich forecasters. #RWRI @nntaleb Permalink 12:38 PM – 25 Feb 2020
@nntaleb The exact discussion at #RWRI about people who don’t get that risk taking is good, under some conditions; and how to defeat sophistry like the one bt this ignorant fellow @realYuriOrlov that “no systemic multiplicative tail exposures” is not “take no risks” at all. https://twitter.com/realYuriOrlov/status/1232375927511769088 Permalink 10:59 AM – 25 Feb 2020
@normonics .@nntaleb currently discussing how social media is a return to a more natural communication pattern, a return from central media gatekeepers #RWRI #RWRI13 #lindy https://twitter.com/normonics/status/1188444355922661376 Permalink 8:53 AM – 25 Feb 2020
@JacobGnther1 “I live in a cave. There are no corners in my house…” #RWRI @nntaleb pic.twitter.com/8vE0Ler9gB Permalink 6:27 AM – 25 Feb 2020
@NachoOliveras Day 2 of #rwri13 just taking off! 1/n pic.twitter.com/bfWtYdYAgx Permalink 6:02 AM – 25 Feb 2020
@ErikByronTaylor Learned yesterday why guy in the slide is NOT irrational. (Took liberty of updating slide to read Corona instead of Ebola to make it more timely #photoshop) #RWRI #rwri13 pic.twitter.com/LT8TeKIc89 Permalink 4:58 AM – 25 Feb 2020
@nntaleb It is practically impossible to be more dangerously incompetent than this fellow. Impossible. https://twitter.com/jassemajaka/status/1232039206098259968 Permalink 4:03 AM – 25 Feb 2020
@nntaleb It is practically impossible to be more dangerously incompetent than this fellow. Impossible. https://twitter.com/jassemajaka/status/1232039206098259968 Permalink 4:03 AM – 25 Feb 2020
@seandaken Having a blast at #RWRI in NYC with @nntaleb and ~65 others pic.twitter.com/py5sUuIRyi Permalink 7:41 AM – 24 Feb 2020
@nntaleb #RWRI 13 https://twitter.com/docroger/status/1231951997298970624 Permalink 6:54 AM – 24 Feb 2020
@nntaleb #RWRI 13 https://twitter.com/DocRoger/status/1231951997298970624 Permalink 6:54 AM – 24 Feb 2020
@black_swan_man #blackswanman #theblackswanman @POTUS @realDonaldTrump @ErikSchatzker #Negotiations #TheArtoftheDeal #hitfirst pic.twitter.com/FOK8ZLvwwj Permalink 6:07 AM – 24 Feb 2020
@nntaleb I mean infections. Permalink 6:46 PM – 23 Feb 2020
@nntaleb The carpenter fallacy. To understand large gains/losses in a Casino roulette, you don’t ask a carpenter, but a probabilist. https://twitter.com/yaneerbaryam/status/1231768196371435520?s=20 Permalink 6:39 PM – 23 Feb 2020
@nntaleb Doctors and the #WHO don’t understand multiplication. They understand medicine (& addition), not multiplication. When we posted this on Jan 26, there were ~1,000 casualties. Today ~79,000. Unless we overreact, at that rate, in 1 month , can reach yuuuge numbers @yaneerbaryam https://twitter.com/nntaleb/status/1221486205847646208 Permalink 6:38 PM – 23 Feb 2020
@yaneerbaryam It is time to stop thinking about pandemic response as a medical effort. Physicians are not trained to evaluate economic impacts, to impose actions for cities, and to engage in the social behavioral change that is needed. Permalink 6:29 PM – 23 Feb 2020
@nntaleb Plane and car crashes are neither multiplicative nor systemic. I block anyone comparing fear of multiplicative pandemics to car crashes. Besides, airplane safety is the result of mega-paranoia. Permalink 6:02 PM – 23 Feb 2020
@nntaleb https://twitter.com/brucefenton/status/1231753275252318210?s=20 Permalink 5:53 PM – 23 Feb 2020
@nntaleb https://medium.com/incerto/we-dont-know-what-we-are-talking-about-when-we-talk-about-religion-3e65e6a3c44e Permalink 5:24 PM – 23 Feb 2020
@nntaleb When paranoid, you can be wrong 1000 times & you will survive. If non-paranoid; wrong once, and you, your genes, & the rest of your group are done. It’s a yuuuge mystery that academics who deal w/risk, “rationality”, subforecasting & superforecasting fail to get it. Permalink 5:23 PM – 23 Feb 2020
@nntaleb Finally ideas on religions as non comparable items are starting to spread. pic.twitter.com/U93Bze7JbC Permalink 4:56 PM – 23 Feb 2020
@nntaleb You notice that all these overeducated (miseducated) dangerous fools who don’t get precaution are academics into the nudge and “risk and rationality” business. https://twitter.com/PaulSkallas/status/1231740183206338565?s=20 Permalink 4:47 PM – 23 Feb 2020
@nntaleb Dangerously incompetent man, this @alemannoEU, increasing risk for all of us. Overreacting early is a necessity. https://twitter.com/alemannoEU/status/1231587280449654784 Permalink 4:34 PM – 23 Feb 2020
@Renegade_Masta @save_the_tweet #please Fucking idiot. Worst case =total destruction. Best case = inconvenience + being wrong. You take inconvenience every time. And yes I live in the area. There is no such thing as overreaction. @DellAnnaLuca @nntaleb @DrCirillo @yaneerbaryam Permalink 3:54 PM – 23 Feb 2020
@bantofu “We need randomness, mess, adventures, uncertainty, self-discovery, near-traumatic episodes, all these things that make life worth living, compared to the structured, fake, and ineffective life of an empty-suit CEO with a preset schedule and an alarm clock” Antifragile-@nntaleb Permalink 8:26 AM – 23 Feb 2020
@nntaleb Be predictable in granting rewards; unpredictable in delivering punishment. Permalink 8:01 AM – 23 Feb 2020
@ntarunkumar The really important persons in your life are the ones you shouldn’t have to impress. (A personal twist to something I read in @nntaleb ‘s insight on ethics – Bed of Procrustes – and dog ownership). Permalink 6:42 AM – 23 Feb 2020
@nntaleb (Each in a different field: philosophers, historians, pol scientists) Erratum: Paul Veyne not Jules. Add: Jane Jacobs, James Scott, E Le Roy Ladurie, etc. Permalink 5:28 AM – 23 Feb 2020
@nntaleb Answer to who are the (recent) thinkers I don’t find BS vendors? In random order Saul Kripke, Derek Parfit, Elinor Ostrom, Fernand Braudel, Jules Veyne, Tom Holland, Peter Frankopan, Jean-François Revel, Michael Okeshott, Isaac Levi, Russ Roberts, Jon Elster, many,many, many! https://twitter.com/AndyPeyton/status/1231488319671934979 Permalink 4:44 AM – 23 Feb 2020
@nntaleb From Volume 2 of the technical Incerto: Probabilility, Risk, and Convexity. Vol 1 maps to The Black Swan, Vol 2 maps to Antifragile, Vol 3 to Fooled by Randomness & Big Data [so far] https://twitter.com/JosephNWalker/status/1231514700120252416 Permalink 4:28 AM – 23 Feb 2020
@JosephNWalker Taleb’s problem with Knightian uncertainty is that there’s no such thing as non-Knightian uncertainty: pic.twitter.com/wtvTsIUcDk Permalink 1:42 AM – 23 Feb 2020
@alexandersquats https://twitter.com/nntaleb/status/1078655258354741248?s=19 Permalink 3:27 PM – 22 Feb 2020
@nntaleb TRUE JUSTICE If you really want diversity & protection of minorities suffering workplace prejudice, stop chromo-categorizing — that fake unempirical business. Hire unattractive people. They are the one suffering the most, & deprived of attention. Permalink 3:25 PM – 22 Feb 2020
@nntaleb Mistakes: ɕeeb shd be bayy el ɕαrd should be l ɕαrd Permalink 12:14 PM – 22 Feb 2020
@nntaleb MED PHILOLOGY DUJOUR The Nicene creed in Lebanese… except that these Maronites have the Filoque “L jeeye mn el ɕeeb w el ɕeben” = “qui ex Patre Filioque procedit” Brilliant except for the heresy! https://twitter.com/henrizaq/status/1231296337494396928 Permalink 11:55 AM – 22 Feb 2020
@nntaleb L’invidia ha gli occhi e la fortuna è cieca Permalink 8:49 AM – 22 Feb 2020
@nntaleb Gross inconsiderate errors: 1) Ghosn didn’t order an espresso in Arabic, but in the Lebanese Semitic dialect, 3/4 of a language away from Arabic. 2) Beirut was not the “Paris of the Middle East” but the Paris of the Mediterranean. https://www.wsj.com/articles/carlos-ghosns-new-life-in-exile-11582347707?shareToken=st2e30ccfa64584bf696da2e691ecca6d7 via @WSJ Permalink 8:45 AM – 22 Feb 2020
@nntaleb Envy is impossible to conceal. It manipulates you; like a tattoo on your forehead, visible to others but not to you. Permalink 8:40 AM – 22 Feb 2020
@nntaleb A common mistranslation: \sigma is not necessarily volatility. https://twitter.com/mikeandallie/status/1231227077711552514 ” target=”_blank”>http://pic.twitter.com/s4sKRf6mCl”> pic.twitter.com/s4sKRf6mCl Permalink 7:46 AM – 22 Feb 2020
@trishankkarthik .@nntaleb: “Only the hyperparanoid survive.” #RWRI https://twitter.com/richard49step/status/1231234461976735744 Permalink 7:12 AM – 22 Feb 2020
@nntaleb 7) Results are pouring in! For the Pareto IV (The semi Bell Shaped one-tailed power law. pic.twitter.com/ltRkllCOXR Permalink 3:22 PM – 21 Feb 2020
@nntaleb Taking a class on rationality and probability by @sapinker Pinker is equivalent to +Being taught foie gras preparation by a lifetime vegan. +Being taught random matrix theory by one of the Kardashians. https://twitter.com/FischerKing64/status/1230966699907674117 Permalink 1:40 PM – 21 Feb 2020
@EdmondShami That’s why you shouldn’t trust communists (since they call each other “rafiq”) The Bed of Procrustes, NNT pic.twitter.com/SyT1Bfpo4Z Permalink 1:11 PM – 21 Feb 2020
@nntaleb Hilarious! https://twitter.com/INVESTMENTSHULK/status/1230872613297229824 Permalink 12:48 PM – 21 Feb 2020
@Extrachelle 1 essential secret of a good cook: Generosity. Stinginess destroys recipes. Permalink 9:58 AM – 21 Feb 2020
@ole_b_peters It’s because reality unfolds over time, not over a statistical ensemble. @nntaleb just did a nice illustration of that, using Kelly-type arguments. https://twitter.com/nntaleb/status/1229799216312180739 Permalink 9:50 AM – 21 Feb 2020
@ole_b_peters Speaking of insurance, here’s how Rothschild and Stiglitz modeled it in 1976. I think @mikeandallie would agree that Berkshire Hathaway would be bankrupt if they were to apply this theory to their insurance business. pic.twitter.com/tbNEzM2ibq Permalink 9:43 AM – 21 Feb 2020
@nntaleb 6) Predictably, for fat tails it is worrrrrrrrrrrrrrrse!!! pic.twitter.com/mDQgooVx7i Permalink 8:11 AM – 21 Feb 2020
@nntaleb Voila. Sans abonnement. pic.twitter.com/PJJlnm1Qjo Permalink 7:35 AM – 21 Feb 2020
@nntaleb 5) In continuous time: the lower bound for a real fair game, not a Mickey Mouse™ bet like this ignorant Thaler. pic.twitter.com/0xed0n6UQL Permalink 7:33 AM – 21 Feb 2020
@nntaleb La photo est horrrrrrrible. https://w.lpnt.fr/2363621t #Postillon via @LePoint Permalink 3:53 AM – 21 Feb 2020
@nntaleb Je descends dans un hôtel à Paris où habitait André Malraux. Pas de plaque. Même les gens de l’hôtel ne le savent pas. https://twitter.com/phl43/status/1230818293734346756 Permalink 3:47 AM – 21 Feb 2020
@yaneerbaryam They let people off Diamond Princess, put them on planes and busses and sent them home. Amazing they thought a 14 day group “quarantine” would help. Instead it spread infection in the group. Shows they don’t understand how infections work. https://www.theguardian.com/world/2020/feb/21/coronavirus-two-australians-evacuated-from-diamond-princess-test-positive-in-darwin https://twitter.com/yaneerbaryam/status/1230681676617076736 Permalink 6:46 PM – 20 Feb 2020
@nntaleb 4) In other words a single bet per lifetime is linear, more than one bet requires compounding. Nudgeboy Richard Thaler must be stopped from messing with things he does not understand. Permalink 6:15 AM – 20 Feb 2020
@nntaleb 3) The explanation of why a FAIR bet will bankrupt you sequentially: AM-GM inequality and compounded returns are concave. pic.twitter.com/TJ6XwcImbz Permalink 4:49 AM – 20 Feb 2020
@nntaleb 3) The explanation of why a FAIR bet will bankrupt you sequentially: AM-GM inequality and compounded returns are concave. pic.twitter.com/TJ6XwcImbz Permalink 4:49 AM – 20 Feb 2020
@nntaleb Back in New York after 7 weeks absence. pic.twitter.com/hefmQDpmJy Permalink 5:39 PM – 19 Feb 2020
@nntaleb The problem with Bloomberg is not his competence; he has the charisma of a plate of reheated-but-lukewarm unsalted fried cauliflowers. Permalink 9:12 AM – 19 Feb 2020
@nntaleb It does not mean: 1) Take investment advice from anyone who doesn’t have to work for a living. 2) Never take advice from those who work (note the “has to”). I am glad many rigor vigilantes are correcting errors by commentators. https://twitter.com/TalebWisdom/status/1230035639070056448 Permalink 8:04 AM – 19 Feb 2020
@nntaleb I have been watching reschedulings for 38 years, since the 1982 LatAm debacle. (Remember I specialize in financial crises). No airline had to worry. @dan_azzi should not say these things without some empirical rigor. Permalink 8:01 AM – 19 Feb 2020
@Lucas_Erik_ Via twitter and his books, @nntaleb has shown me more truth in a month than all my 4 years of college classes combined. He teaches you how to think about something in a way where you can apply it to a different subject entirely. Teaching how to fish instead of giving a fish. https://twitter.com/gnpm72/status/1229539283293409280 Permalink 1:59 PM – 18 Feb 2020
@nntaleb @beirut_banyan Actually, 1. Permalink 1:06 PM – 18 Feb 2020
@mcsorley_pete “Of what use is a philosopher who doesn’t hurt anybody’s feelings?” —Diogenes of Sinope pic.twitter.com/xh5h2y5qve Permalink 9:29 AM – 18 Feb 2020
@nntaleb 2) The Mathematica file. pic.twitter.com/WjrSbCvule Permalink 8:07 AM – 18 Feb 2020
@nntaleb How you *will* eventually go bust on a fair bet: Explaining the Kelly/Shannon/Thorp result & beyond. (& why nudgeboy Richard Thaler @R_Thaler has a serious, serious problem, aside from his other mistakes ). https://www.youtube.com/watch?v=91IOwS0gf3g&feature=youtu.be Permalink 8:05 AM – 18 Feb 2020
@nntaleb 2) My heuristic: if a podcast has had someone like Sam Harris @SamHarrisOrg on, I avoid both listening to & participating in, it. It may be imperfect but the trick cleans up scientism, BS, & absence of scholarship. My allergic reactions to BS have been exacerbated with time. Permalink 7:09 AM – 18 Feb 2020
@nntaleb As I said above in the thread, IYI robin @robinhanson will not infect himself. https://twitter.com/robinhanson/status/1229768012598796288?s=20 Permalink 6:04 AM – 18 Feb 2020
@nntaleb I did not podcast in 2019; will do 1 in 2020 w/ @EconTalker on “Uninformative (less politely, “BS”) metrics in social science” (stat under fat tails, correlation BS, IQ, etc.), largely bec. of long private 2-way conversations. Will cover the new tech book. https://www.researchers.one/article/2020-01-21 Permalink 6:00 AM – 18 Feb 2020
@nntaleb The reason:filtering. I don’t take chances; I block quickly. The minute I smell sloppy reasoning. https://twitter.com/ptbrodie/status/1229489047921287168 Permalink 4:13 AM – 18 Feb 2020
@nntaleb Academics are usually all talk: @robinhanson is a bullshitter; don’t expect him to go infect himself. https://twitter.com/0neof1/status/1229596442098053120?s=20 Permalink 4:10 AM – 18 Feb 2020
@nntaleb 1 million depositors (erratum) Permalink 3:55 PM – 17 Feb 2020
@nntaleb No, no, no. False claims on my behalf, @dan_azzi My point is quantitative: 12 Bil to pay next 2 y. If you don’t believe in miracles, you will certainly default on a depleted treasury! Meanwhile $4 bil to be paid for rich bondholders satisfy >1 billion depositors (# TK) https://twitter.com/dan_azzi/status/1228983243657162752 Permalink 1:44 PM – 17 Feb 2020
@jaszo “Fasting can turn any meal into a Michelin 3 star.” -@nntaleb Permalink 1:07 PM – 17 Feb 2020
@kantynho00 Thread by @nntaleb: Aside from how morally disgusting (science journalist & BS vendor) @RichardDawkins is, he doesn’t get dimensionality,exity & teleology: Unlike animals domesticated for a *specific* purpose, we, humans, would never know ahead o https://threadreaderapp.com/thread/1229066756012085253.html Permalink 6:52 AM – 17 Feb 2020
@nntaleb East Med Philology du Jour: Today is the day of Theodorus of Tyre. Did you ever wonder why the names Atallah and Atiyeh (as in Michael Atiyah) are only used by Levantine Christians)? Theodorus = gift of God. Atiyeh is the Canaanite version of Atallah Note also: Dorothy. pic.twitter.com/3ArgpYsZrt Permalink 4:18 AM – 17 Feb 2020
@nntaleb 3ashu natrin? Ken lézeém n3mol rescheduling bi kénun 2bl l Eurobond l sebe2. 3ajjlo ya shabeb 2abl ma tkhrab aktar. https://twitter.com/neematfrem/status/1229045586739027973 Permalink 6:50 PM – 16 Feb 2020
@nntaleb Discovering Permalink 5:35 PM – 16 Feb 2020
@nntaleb Can you explain, @Fontainebleau ? https://twitter.com/vergilden/status/1228819678543347712 Permalink 5:33 PM – 16 Feb 2020
@nntaleb Now “Scrivener Richard” Dawkins is discovery casuistry -& as someone who spent three generations trained by Jesuits I find this insultingly amateurish. “I am not saying eugenics is good However, you know…” Who the fuck you tying to fool, Scriv Richard? https://twitter.com/richarddawkins/status/1229060502984306689?s=21 https://twitter.com/RichardDawkins/status/1229060502984306689 Permalink 5:24 PM – 16 Feb 2020
@nntaleb Now “Scrivener Richard” Dawkins is discovery casuistry -& as someone who spent three generations trained by Jesuits I find this insultingly amateurish. “I am not saying eugenics is good However, you know…” Who the fuck you tying to fool, Scriv Richard? https://twitter.com/richarddawkins/status/1229060502984306689?s=21 https://twitter.com/richarddawkins/status/1229060502984306689 Permalink 5:24 PM – 16 Feb 2020
@nntaleb Same with bailouts. https://twitter.com/normonics/status/1229070350308257792 Permalink 3:26 PM – 16 Feb 2020
@nntaleb Harari is a quack. https://twitter.com/GonzaQG/status/1229161201000730626?s=20 Permalink 1:51 PM – 16 Feb 2020
@nntaleb Harari’s public activities now occupy a staff of twelve. Mine: staff of 0. Why? Simply, I don’t do speaking and interviewing, etc. Except when very bored. pic.twitter.com/3fOdMwjOAI Permalink 1:44 PM – 16 Feb 2020
@nntaleb 3) Indeed my dimenionality/teleology argument converges to the Hayekian argument. https://twitter.com/luciansusanu/status/1229092373176692737?s=20 Permalink 9:26 AM – 16 Feb 2020
@TalebWisdom “If something looks irrational —and has been so for a long time —odds are you have a wrong definition of rationality.” – @nntaleb Permalink 8:50 AM – 16 Feb 2020
@nntaleb 2) Human societies are multiscale: the properties of single individuals *do not* predict those of groups, something he never got with the selfish gene BS. Permalink 7:36 AM – 16 Feb 2020
@nntaleb Aside from how morally disgusting (science journalist & BS vendor) @RichardDawkins is, he doesn’t get dimensionality, complexity & teleology: Unlike animals domesticated for a *specific* purpose, we, humans, would never know ahead of time *what* to select for. https://twitter.com/RichardDawkins/status/1228943686953664512 Permalink 7:35 AM – 16 Feb 2020
@nntaleb 4) For instance Seneca’s fortune was 300M sesterces, which translates into 75 M dinarii… It takes yeaaaaars to clean up these details. pic.twitter.com/1kNHASqgej Permalink 6:17 AM – 16 Feb 2020
@nntaleb 3) Also used the wrong currency (“dirarii”), etc. Permalink 5:26 AM – 16 Feb 2020
@nntaleb The INCERTO has been continuously modified for (so far minor) errors. 1) ANTIFRAGILE:”Roman engineers forced to sleep under the bridge” was qualified as apocryphal, but architects in Asia Minor were still accountable. 2) Some refs to psych. progressively removed. Permalink 5:25 AM – 16 Feb 2020
@nntaleb Which is my way of announcing that Skin in the Game is out in paperback. https://www.amazon.com/Skin-Game-Hidden-Asymmetries-Daily/dp/0425284646/ref=tmm_pap_title_0?_encoding=UTF8&qid=&sr= https://twitter.com/nntaleb/status/1227931283898150912 Permalink 2:27 PM – 15 Feb 2020
@nntaleb Belittling a powerful asshole = iconoclast. Belittling a regular person = psychologist. Permalink 2:23 PM – 15 Feb 2020
@nntaleb Ignore the bullshitters and note: 1) Bond defaults are routine, in 99.9 % of cases creditors help work out a solution. Ignore lurid non-collaborative cases by scaremongers (Argentina). 2) Gold belongs to the BDL, not to the state, which is shielded. #Lebanon #LebanonProtests Permalink 11:47 AM – 15 Feb 2020
@nntaleb Mr. Hanson, I have called people “imbecile” for vastly more intelligent comments. Permalink 8:35 AM – 15 Feb 2020
@nntaleb Before bloviating on the consequences of a default, ask international bonds legal specialists like @camilleasleiman rather than bullshit artists. #Lebanon #LebanonProtests Permalink 8:20 AM – 15 Feb 2020
@nntaleb Eurobond payment must NOT be made 1) Insult to depositors (lack of symmetry).Phoenicians 2700 y. ago had more sophisticated rules of risk sharing! 2) Harms OTHER bondholders 3) Default is inevitable; fail EARLY, come CLEAN Those advocating payment are shills or LUNATICS Permalink 8:06 AM – 15 Feb 2020
@nntaleb Hanson, @robinhanson, you don’t seem to get what skin in the game means (nor do you have a faintest clue what betting is, another story). Skin in the game REQUIRES you to infect yourself NOW! https://twitter.com/robinhanson/status/1228701801949671425?s=20 Permalink 7:56 AM – 15 Feb 2020
@nntaleb La bureaucratie est un outil pour couper certaines personnes des conséquences de leur actions. [Meilleure traduction] https://twitter.com/tututpouet/status/1228703994127712259 Permalink 7:38 AM – 15 Feb 2020
@nntaleb The best argument in favor of skin in the game: it can help us get rid of dangerous lunatics & riskblind IYIs before they harm the rest of mankind. https://twitter.com/robinhanson/status/1228400896507367424 Permalink 7:23 AM – 15 Feb 2020
@nntaleb The dynamics above show how nudgeboy @R_Thaler can’t get it: + You MUST turn down most favorable odds because 1) life is not a one period model, and 2) they lead to total bankruptcy. + Mental accounting is an optimal strategy, not “irrational”. Permalink 6:42 AM – 15 Feb 2020
@nntaleb Fixed the colors in the graph pic.twitter.com/yn4BV6hOSS Permalink 4:53 AM – 15 Feb 2020
@nntaleb What Samuelson didn’t get is that the Kelly point is the UPPER bound not necessarily the target –just as Shannon’s capacity. One can simply cut one’s portfolio in half and satisfy his criticism. https://twitter.com/migueldva/status/1228464540867682304?s=20 Permalink 5:14 PM – 14 Feb 2020
@PavelMordasov “It takes some humanity to feel sympathy for those less fortunate than us; but it takes honor to avoid envying those who are much luckier.” — Nassim Nicholas Taleb @nntaleb pic.twitter.com/kGuWIWOSBu Permalink 8:23 AM – 13 Feb 2020
@DrMichaelBonner ‘The Last Empire of Iran’ is now in print! https://twitter.com/gorgiaspress/status/1227608394497974274 Permalink 8:49 AM – 12 Feb 2020
@TalebWisdom “Trust those who are greedy for money a thousand times more than those who are greedy for credentials.” – @nntaleb Permalink 12:34 AM – 10 Feb 2020
@nntaleb Sometimes you run in daily life into people who heap abuse on the internet: they cower. Absence of #skininthegame is a problem. https://twitter.com/otrasenda_AC/status/1226523804148600834 Permalink 8:07 AM – 9 Feb 2020
@otrasenda_AC Maybe is also a lack of #skininthegame on social networks… If you act as an asshole in real live you might get a punch in the face pic.twitter.com/NCICnykixp Permalink 7:10 AM – 9 Feb 2020
@nntaleb Maestro A. Al-Jallad @Safaitic offering me his book in a café in Columbus OH. pic.twitter.com/V52ewrEmGK Permalink 2:07 PM – 8 Feb 2020
@TalebWisdom “The only people who think that real world experience doesn’t matters are those who never had real world experience.” – @nntaleb Permalink 8:14 AM – 8 Feb 2020
@nntaleb #Localism (The fellow is making me aware of my own aphorisms) https://twitter.com/talebwisdom/status/1226110049967394816 Permalink 6:15 AM – 8 Feb 2020
@nntaleb We need more data but that’s the way to do it: estimations from reliable subsamples. https://twitter.com/aledeniz/status/1226103425508790275 Permalink 4:56 AM – 8 Feb 2020
@nntaleb Getting out of control https://twitter.com/srutunda/status/1226111375426170881 Permalink 4:54 AM – 8 Feb 2020
@imleslahdin Left-Socialism-Brutalism Right-Traditionalist-Classical Polarizing. https://twitter.com/world_classico/status/1225942717374586882 Permalink 12:16 AM – 8 Feb 2020
@RonPaul Did you catch our interview with Democratic Party presidential candidate @TulsiGabbard? Find out what she thinks about her own party shutting her out of the debates: https://youtu.be/SlCeGEkWApk Permalink 3:42 PM – 7 Feb 2020
@nntaleb Behavioral economics can be summarized as follows: “humans are idiots”. My message: “Maybe, but behavioral economists are most certainly idiots”. Permalink 3:03 PM – 7 Feb 2020
@nntaleb You guys are not getting the joke: I like NJ. It is just that I love NY and there are incompatibilities… Permalink 2:00 PM – 7 Feb 2020
@RonPaul The Only Person That Trump Should Fear On The Debate Stage Is Tulsi Gabbard Watch the whole show with @tulsigabbard here: https://youtu.be/SlCeGEkWApk ” target=”_blank”>http://pic.twitter.com/IfMwRFOijD”> pic.twitter.com/IfMwRFOijD Permalink 11:10 AM – 7 Feb 2020