Tag Archives: ZeroHedge

Smear Artists, Cauchy, SALT, Zipf Plot, Long Shot Bias, Random Matrices, Diderot, ZeroHedge

@nntaleb Las Vegas: Explained fragility as concavity: Mix a $2,000 bottle of wine with a $10 one. The 2 bottles will be worth less than $1,005 each. Permalink 8:31 PM – 12 May 2016

@nntaleb Explained more technically why investors can’t get the alpha of the market https://dl.dropboxusercontent.com/u/50282823/ppArXiv2.pdf   and on BBG TVhttps://twitter.com/nntaleb/status/730836349004091392   Permalink 4:39 PM – 12 May 2016

@nntaleb When Charlatan @Noahpinion you unite with other charlatans & trolls, I will also unite them with you. Kapish? http://www.fooledbyrandomness.com/smear.html   Permalink 3:26 PM – 12 May 2016

@nntaleb So if you claim some is not expert about a given subject, better know something about *that* subject. Kapish? @diane1859 Permalink 3:11 PM – 12 May 2016

@nntaleb You know nothing abt physics yet claimed the subject was limited outside finance, not noticing your BS https://scholar.google.com/scholar?q=antifragile+physics++OR+biology&btnG=&hl=en&as_sdt=0%2C29   @diane1859 Permalink 3:08 PM – 12 May 2016

@nntaleb The full paper https://dl.dropboxusercontent.com/u/50282823/recurse.pdf  https://twitter.com/DrCirillo/status/730878658261438464   Permalink 2:57 PM – 12 May 2016

@nntaleb A list of smear artists and why it is necessary to expose a very small number of people. http://www.fooledbyrandomness.com/smear.html   Permalink 2:23 PM – 12 May 2016

@nntaleb Las Vegas: Difference between ensemble probability and time probability under tail risk.http://bloom.bg/1WsQpRb   Permalink 12:05 PM – 12 May 2016

@nntaleb at SALT in Las Vegas, only person in jeans (no tie). Taleb Compares Monetary Policy to Drugs http://bloom.bg/1THZQ8L   via @business Permalink 10:50 AM – 12 May 2016

@nntaleb Many use statistical distributions a la @saPinker, w/o understanding probability, like parrots memorize sentences. @DrCirillo @financequant Permalink 10:48 AM – 12 May 2016

@financequant @DrCirillo @nntaleb Academic now but started out as trader/investor managing own+firm capital: skin in the game trains the bullshit detector Permalink 6:46 AM – 12 May 2016

@nntaleb Every model that has layering uncertainty (error on error) ends up with power law @DrCirillo @financequantpic.twitter.com/1SGaB4WTOQ Permalink 6:42 AM – 12 May 2016

@nntaleb Can confirm not true: Cauchy is not the only smooth survival function.pic.twitter.com/02FJjLxgJ3 Permalink 6:06 AM – 12 May 2016

@GMWatch Kevin Folta explained to Monsanto how they should fund his project so that it would not have to be publicly reportedhttp://www.latimes.com/opinion/op-ed/la-oe-0512-thacker-furberg-transparency-science-20160512-story.html   Permalink 5:40 AM – 12 May 2016

@nntaleb Found the Platonic distribution on R (i.e. “smooth”) that is neither fat tailed nor thin tailed.pic.twitter.com/iPGg41nGwe Permalink 5:40 AM – 12 May 2016

@nntaleb Relax. We had an actor w/Alzheimer in the White House and many people claim things went v. well. A surviving real estate developer is picnic Permalink 9:00 PM – 11 May 2016

@nntaleb Try to talk to a stranger without signaling your status & see how pleasant you will be to him/her. This is how salespeople operate. Permalink 1:36 PM – 11 May 2016

@nntaleb Today in my SALT talk I am showing the 2 flaws in Goetzmann’s paper. 1) Lucretius problems, 2) Mistake of ergodicity. @WGoetzmann Permalink 1:18 PM – 11 May 2016

@nntaleb I also thought Goetzman knew something about probability distributions @WGoetzmannhttps://twitter.com/nntaleb/status/720989442194960384   Permalink 1:15 PM – 11 May 2016

@nntaleb 1) I thought Goetzmann knew Noah Smith is a charlatan http://www.fooledbyrandomness.com/SmithBSVendor.html   @WGoetzmann Permalink 1:12 PM – 11 May 2016

@nntaleb To escape the Las Vegas surroundings, dip into mathematics/space of functions with certain properties:http://math.stackexchange.com/q/1780800/88078?stw=2   Permalink 5:20 AM – 11 May 2016

@nntaleb Ethical rule: you can only turn down an honor or a prize privately, never publicly. Permalink 3:25 PM – 10 May 2016

@nntaleb “Shortcuts lead to vice, the long road to virtue”: Compendaria res improbitas, virtus longa. (Optimization is the mother of all collapses) Permalink 12:42 PM – 10 May 2016

@nntaleb Europa was the daughter of a Phoenician king. @noairbag @holland_tom @classicsforall Permalink 11:51 AM – 10 May 2016

@nntaleb In 4th C Athens Sidonians were not considered metics and had same rights as Athenians. @holland_tom @classicsforall Permalink 11:20 AM – 10 May 2016

@nntaleb Not a single person who contests that Leb speak Semitic dialect descended from Aramaic speaks Aramaic @G_Exercitus http://www.fooledbyrandomness.com/notebook.htm   Permalink 7:48 AM – 10 May 2016

@nntaleb A glimpse of our book on fat tails… our graphical book on fat tails.https://twitter.com/DrCirillo/status/730035253365100545   Permalink 7:03 AM – 10 May 2016

@nntaleb The illusion is to call any Semitic dialect that is not Hebrew as “Arabic” when speaker knows Arabic not Aramaic.https://twitter.com/nntaleb/status/730005747640242176   Permalink 6:53 AM – 10 May 2016

@nntaleb A reporter knows the inside of evil Monsanto http://www.huffingtonpost.com/paul-thacker/peeling-back-the-curtain-on-monsanto_b_9867902.html   # via @HuffPostGreen Permalink 6:23 AM – 10 May 2016

@nntaleb Acondition to me a member of Diplomatic Corp is defect in logical wiring (Samantha Power, Clinton, this idiot): http://www.ronpaulinstitute.org/archives/featured-articles/2016/may/06/us-ambassador-to-hungary-overthrow-assad-let-in-refugees-and-fight-russiaor-else/#.VzHQ-umpfmQ.twitter   Permalink 5:17 AM – 10 May 2016

@nntaleb Δεν είναι αραβικά αλλά Δυτική ή Ανατολική Αραμαϊκάhttps://twitter.com/cymoec/status/729962813376987136   Permalink 5:05 AM – 10 May 2016

@nntaleb I’d rather live in a place where nothing makes sense but things work rather than a place where things make sense but don’t work #Antifragile Permalink 2:19 PM – 9 May 2016

@nntaleb So now we are announcing our advanced certificate August 10-14 Stony Brook. http://realworldrisk.com/advanced_mini-certificate_in_risk   Permalink 1:25 PM – 9 May 2016

@nntaleb 24 anni di pratica Galabrez, una lingua comunemente noto come “Calabrese” con il barbiere Tony.pic.twitter.com/72lq2ZHEyQ Permalink 12:53 PM – 9 May 2016

@nntaleb More on How to Price Long Shots https://dl.dropboxusercontent.com/u/50282823/LongShot.nb.pdf  pic.twitter.com/SYQgNFccMW Permalink 10:51 AM – 9 May 2016

@DrCirillo It’s extremely alarming that so many scientists do not know how to correctly design a statistical test and how to interpret its results. Permalink 8:31 AM – 9 May 2016

@nntaleb A pedagogical Monte Carlo explanation (corrected).pic.twitter.com/zNCUKPU320 Permalink 1:25 PM – 8 May 2016

@nntaleb cont the declining case (fragility) @markomanka @Teheozavrpic.twitter.com/4HykkYZ1aw Permalink 12:43 PM – 8 May 2016

@nntaleb Next, an aggressive claim that EVERYTHING in nature can be expressed as a sum of S functions. @markomanka @Teheozavrpic.twitter.com/aNdR5Cti34 Permalink 12:28 PM – 8 May 2016

@nntaleb Final @markomankapic.twitter.com/t4yxutUnwo Permalink 7:41 AM – 8 May 2016

@nntaleb Corrected 2 typos @Teheozavr @markomankapic.twitter.com/UfIBopb0Ve Permalink 6:39 AM – 8 May 2016

@nntaleb Statement of *a priori* truths in medicine, (but not 17th C. style), for @markomanka’s Springer Handbook. Mistakes?pic.twitter.com/KIQDxGoB9t Permalink 6:27 AM – 8 May 2016

@nntaleb Uncertainty about probability raises the value of long shots in proportion to the variance [metaprobability] @matthewsyed Permalink 5:30 AM – 8 May 2016

@nntaleb Some explanations of the Leicester payoff from notes: the “Long Shot Bias” seems to be miscalculated by econs.pic.twitter.com/HDAAXASQ6w Permalink 5:18 AM – 8 May 2016

@nntaleb Always nice to see books of Tom Holland @holland_tom on bookshelves at parties.pic.twitter.com/1bAe0ug62g Permalink 5:32 PM – 7 May 2016

@nntaleb Why we are uberizing education. This system is strating to collapse.https://twitter.com/JonHaidt/status/728945780086738944   Permalink 7:28 AM – 7 May 2016

@nntaleb One can solve complicated mathematical ineq. by tinkering before proof. Thank you @WolframResearch https://twitter.com/nntaleb/status/728660069538267136   @CutTheKnotMath Permalink 12:48 PM – 6 May 2016

@nntaleb Is anyone covering shorts in HLF? It is still slightly hard to borrow.pic.twitter.com/mbrV7RJlrl Permalink 12:03 PM – 6 May 2016

@CutTheKnotMath http://www.cut-the-knot.org/arithmetic/algebra/InequalityFromGazetaMatematicaMarch2016_4.shtml  pic.twitter.com/CVQWWg147t Permalink 10:03 AM – 6 May 2016

@nntaleb The candidates of @BeirutMadinati. Not one of them wearing a tie. http://www.lemonde.fr/proche-orient/article/2016/05/06/au-liban-un-souffle-nouveau-en-politique_4914845_3218.html  pic.twitter.com/39yhhKuQJY Permalink 7:23 AM – 6 May 2016

@SwarajyaMag Swarajya Quote Of The Day.pic.twitter.com/lg3FsaD3SP Permalink 11:12 PM – 5 May 2016

@nntaleb A reminder to vote for @BeirutMadinati On Sunday. http://beirutmadinati.com/candidates/?lang=en   (although I am 3rd generation Beiruti I am registered in Amioun) Permalink 6:12 AM – 6 May 2016

@nntaleb For the earlier use of doxa in Classical & Preclassica Greek: clearly opinion http://www.perseus.tufts.edu/hopper/text?doc=Perseus%3Atext%3A1999.04.0057%3Aentry%3Ddoke%2Fw   Permalink 5:36 AM – 6 May 2016

@nntaleb Allora: Epistemic Belief => Science Pisteic Belief => Trust (Religion, Legends, Literature) Doxastic belief => Skin in the Game Belief Permalink 5:30 AM – 6 May 2016

@nntaleb To understand religious “belief”: evolution of δόξα from “opinion” to “glorification”. http://biblehub.com/greek/1391.htm  pic.twitter.com/mhdft9MpLp Permalink 5:22 AM – 6 May 2016

@nntaleb The best definition of a commons: a space in which you are treated by others the way you treat them. https://www.facebook.com/nntaleb/posts/10153814390523375   Permalink 5:05 AM – 6 May 2016

@nntaleb Спасибо! Russia Stages Classical Concert in Recaptured Palmyra Amphitheater – http://abcn.ws/1WL3u78   via @ABC Permalink 12:57 PM – 5 May 2016

@nntaleb The PDF of the book will be free. Like all our papers. And Silent Risk. Another advantage of self publishing.https://twitter.com/Nuopb/status/728228386716389378   Permalink 7:23 AM – 5 May 2016

@nntaleb Writing a tutorial book on Fat Tails w/@DrCirillo. W/self-publishing we control price ~$20 & paper quality. Shd we? Permalink 7:18 AM – 5 May 2016

@nntaleb Andrew Gelman: “statistical incompetence at some sufficient level becomes indistinguishable from fraud”. (paraphrased) Permalink 6:37 AM – 5 May 2016

@nntaleb When Brian Eno sent me a chain letter about Black Swans and I put Stewart Brand next.https://twitter.com/oleary_brandon/status/728209718187954177   Permalink 6:14 AM – 5 May 2016

@nntaleb I am intolerant, intolerant, intolerant of intellectual fraud. The world is run by ethically intolerant minorities. http://www.fooledbyrandomness.com/minority.pdf   Permalink 5:16 AM – 5 May 2016

@nntaleb There is a whole page for our Precautionary Principle https://dl.dropboxusercontent.com/u/50282823/ppArXiv2.pdf   http://www.fooledbyrandomness.com/PrecautionaryPrinciple.html   @impcapital @stewartbrand @MKM_Abdul Permalink 4:18 AM – 5 May 2016

@nntaleb I don’t mind people who talk “long run”, but some exploit our desire for sustainability to INCREASE risk. @stewartbrand @MKM_Abdul Permalink 3:44 AM – 5 May 2016

@nntaleb Stewart Brand @stewartbrand is a dangerous, dangerous, dangerous fraud! @MKM_Abdul Permalink 3:43 AM – 5 May 2016

@nntaleb Fat Tails du Jour: Random Matrices do not obey Wigner’s semicircle law; effect on #BigData http://mathworld.wolfram.com/WignersSemicircleLaw.html  pic.twitter.com/uDJzC0TOlM Permalink 3:34 AM – 5 May 2016

@nntaleb “Delusional” a month ago. Expect more stuff like that.https://twitter.com/NateSilver538/status/718836449424977920   Permalink 2:47 PM – 4 May 2016

@nntaleb Another way to see central limit in action! Or why the CLT fails for power laws <2https://twitter.com/drcirillo/status/727860367330807809   Permalink 10:55 AM – 4 May 2016

@nntaleb Monsanto is about as dirty as a corporation can be.Forced a paper to fire cartoonist. Note they own Hillary/Shillaryhttps://twitter.com/KenMcCarthy/status/727873276563881984   Permalink 8:28 AM – 4 May 2016

@nntaleb Anyone heeding journos for next w/Trump has a mental defect, given journos’ blindness in ENTIRE episode (“matter of weeks until T deflates”) Permalink 4:20 AM – 4 May 2016

@nntaleb The systematic wrecking of the old order now spreading to Beirut. Please support @BeirutMadinati for the elections.https://twitter.com/nntaleb/status/706823370575368192   Permalink 3:40 AM – 4 May 2016

@nntaleb Golf: an activity that was banned in Sparta for “mollifying” its practitioners.https://twitter.com/holland_tom/status/727557090420613120   Permalink 11:30 AM – 3 May 2016

@DrCirillo The fence paradox: we feel safe, we are not. Financial regulations are like fences: they just hide risk.pic.twitter.com/6WHRbTQLuG Permalink 8:53 AM – 3 May 2016

@nntaleb Our NY June Certif. prog has already >44 pple; we are preparing a v. technical version August 15-19 in Stony Brook. http://realworldrisk.com/inaugural_program_comments   Permalink 5:26 AM – 3 May 2016

@nntaleb We expect Jews in pre-Islamic Arabia. Here A school of 7th century Syriac writers in Qatar. Mario Kozah @mariokozahpic.twitter.com/xoZKC838dk Permalink 4:42 AM – 3 May 2016

@nntaleb P.S. You see from above that these posts (written in 10 min) have 300K viewees, > most NYT articles. The press is increasingly irrelevant. Permalink 4:34 AM – 3 May 2016

@nntaleb TTIP: Lobbyists control bureaucrats; citizens react. We can’t be easily fooled. These documents could kill TTIPhttp://www.independent.co.uk/news/world/europe/ttip-leak-could-spell-the-end-of-controversial-trade-deal-say-campaigners-a7009896.html   Permalink 1:40 AM – 3 May 2016

@nntaleb No, BS vendor Sharro, some pple characterize phenomena *before* they happen.& they do so scientifically, not w/blogshttps://twitter.com/KarlreMarks/status/727407722807853060   Permalink 1:37 AM – 3 May 2016

@nntaleb Email:”Why do you spell Kapish instead of capisce?” A: Kapish,like prozhut & gabagool aren’t in Italian,but in Kalabrez still spoken in NY. Permalink 5:32 PM – 2 May 2016

@MarcosCarreira https://twitter.com/romenesko/status/727167515760201728   cc @nntaleb Permalink 10:42 AM – 2 May 2016

@nntaleb Se volevo insultarti in italiano ti avrei chiamato un “coglione”. @Keynesblog @SanguineEmpiric Permalink 7:39 AM – 2 May 2016

@thickopedia Rather than create conditions for organic innovation & growth, buraucrats think they can make them with subsidies.https://twitter.com/nntaleb/status/727090878108540929   Permalink 5:53 AM – 2 May 2016

@nntaleb Basic income:a necessity when robots get the jobs & their designers get the shekels. Like Athens but slaves=robots @wimgrommen @Johnicholas Permalink 5:27 AM – 2 May 2016

@nntaleb Soul in the game. @pareekhjain Permalink 5:02 AM – 2 May 2016

@nntaleb In other words it is not because successful innovations have had funding that there is a causal link. Innovate first, fund later. Permalink 4:47 AM – 2 May 2016

@nntaleb The link betw investment and innovation is very tenuous, mostly in the minds of bureaucrats https://www.facebook.com/13012333374/posts/10153701042473375  pic.twitter.com/NY63P0PcOP Permalink 4:02 AM – 2 May 2016

@nntaleb Doesn’t say public is even better at detecting BS vendors: least prestigious are PR people, journos, politicianshttps://twitter.com/Forbes/status/726838850476228608   Permalink 3:52 AM – 2 May 2016

@nntaleb Max Abrahams knows his stuff. He rediscovered things compatible with minority rules, renormalization, etc.https://twitter.com/MaxAbrahms/status/726917109553455104   Permalink 4:36 PM – 1 May 2016

@nntaleb Anyone who thinks you need “investments” to fund “innovation” is an empty suit B-School prof. Apple/FB/MSFT, etc.https://twitter.com/KenMcCarthy/status/726894285329711104   Permalink 3:48 PM – 1 May 2016

@GhassanDahhan @nntaleb An art critic is not an artist. Yet people who write books about philosophy believe they’re philosophers. Permalink 7:49 AM – 1 May 2016

@nntaleb Why ISIS will eventually run Saudi Arabia: royal family violates rules of human cultism & uses Wahabism for power.https://twitter.com/semperfidem2004/status/726732506549096448   Permalink 4:34 AM – 1 May 2016

@nntaleb There are philosophers who never wrote anything; & there are a lot of writers of philosophy who aren’t philosophers.https://twitter.com/holland_tom/status/726709583184584704   Permalink 4:02 AM – 1 May 2016

@nntaleb The Baath Party in Syria’s “Arabization” program ignored the 40+ Syrian philosophers who wrote in Greek.pic.twitter.com/hnxB5H58CW Permalink 3:53 AM – 1 May 2016

@nntaleb Saudi Barbaria’s billboard in Lebanon “Greatness of KSA frm the *greatness* of its men”; 3 “great” royals #notsatirepic.twitter.com/9VmTB8ikMC Permalink 3:38 AM – 1 May 2016

@nntaleb Antifragilehttps://twitter.com/thackerpd/status/726036335610335232   Permalink 2:59 AM – 1 May 2016

@Jeff_Fine @nntaleb @MaxAbrahms @samfbiddle @worldpeace @WapoCatpic.twitter.com/QzeWC43X00 Permalink 1:41 PM – 30 Apr 2016

@nntaleb Comment: I will invest in the business of efficient demolition of post 1960 structures as they will be replaced w/more fractal architecture. Permalink 12:57 PM – 30 Apr 2016

@nntaleb Thank God Alfred Nobel discovered dynamite. #Lindyeffecthttps://twitter.com/RemiSimasius/status/726485602561081344   Permalink 12:55 PM – 30 Apr 2016

@nntaleb Xristos Anesti to all Orthodox people & others who celebrate! — Mshu7o d’qam min qabro [in West. Aramaic] Msi7 qam min qabro [in Levantine] Permalink 10:10 AM – 30 Apr 2016

@nntaleb The house on the top right is the ancestral home of the australian governor Marie Bashir (my grandfather’s cousin) https://en.wikipedia.org/wiki/Marie_Bashir   Permalink 7:21 AM – 30 Apr 2016

@nntaleb I vote for Douma as the most attractive village in North Lebanon.pic.twitter.com/QfE7WvMZkI Permalink 7:15 AM – 30 Apr 2016

@nntaleb Probability du Jour: The empirical distribution as a Brownian Bridge.pic.twitter.com/eylDC4EzvT Permalink 6:36 AM – 30 Apr 2016

@nntaleb 2/2 “Diderot: “…people tell me that I have the air of a man perpetually seeking something he lacks”. #ModernPagan.pic.twitter.com/x8k9O6kesB Permalink 4:36 AM – 30 Apr 2016

@nntaleb People don’t get false positives are *necessary* to have results. The alternative is is more terrorism acts.https://twitter.com/imraansiddiqi/status/726217800411279360   Permalink 3:18 AM – 30 Apr 2016

@nntaleb You can tell real scientists from CV-builders: the real thing tell you what they are *trying* to figure out, not what they *did* in career. Permalink 3:17 AM – 30 Apr 2016

@nntaleb It is remarkable how little it costs to buy Washington. As Monsanto realized, return >>> than R&D.https://twitter.com/MaxAbrahms/status/726187428587905024   Permalink 4:20 PM – 29 Apr 2016

@nntaleb No surprise. Remember the lowly standards of Bloomberg as they did not retract this http://www.fooledbyrandomness.com/SmithBSVendor.html   @GTCost Permalink 3:33 PM – 29 Apr 2016

@nntaleb I do not delete my tweets and do not fear you journos. They autodelete >90d. Kapish? Do your F*** homework, journo. @caitlindewey Permalink 3:19 PM – 29 Apr 2016

@nntaleb DISCOVERY DU JOUR. Orthodox lent allows squid/squid ink! It is vegan, but allows squid ink! Discovered on last day! http://www.assumptionaz.org/studies_in_orthodoxy/lenten_resources/fast_guidelines   Permalink 2:32 PM – 29 Apr 2016

@nntaleb 2/2 For discussion… It is a very casual observation. First, is it true for all Lebanon or just Koura? https://en.wikipedia.org/wiki/Koura_District   Permalink 12:45 PM – 29 Apr 2016

@nntaleb Mystery? In N. Lebanon, shrines for St George in Greek-Orthodox areas, for Mary in Maronite ones #pagansubstratepic.twitter.com/eUysTftzp6 Permalink 12:41 PM – 29 Apr 2016

@nntaleb Since twitter accounts of Syrian rebels is run by a Saudi-funded PR firm in DC, what can we expect from Wstrn media?https://twitter.com/soshiflick/status/726092652932960258   Permalink 10:03 AM – 29 Apr 2016

@nntaleb Try to remember when reading anything written by a journalist (especially a science journalist) that he is *by definition* an impostor. Permalink 8:34 AM – 29 Apr 2016

@nntaleb I thank @BeirutMadinati for bringing a hope of governance & call on the Lebanese diaspora to help them. #BeirutMadinati Permalink 8:18 AM – 29 Apr 2016

@nntaleb Because we buy oil from Saudi Barbaria, what they do in Yemen is OK. Russia is “autoritarian”. Hypocrites. @robggill @zerohedge Permalink 7:45 AM – 29 Apr 2016

@nntaleb ZeroHedge: last bastion outside the stamp of the bureaucratestablishment. Bloomberg (again) failed a hacket job.http://www.zerohedge.com/news/2016-04-29/full-story-behind-bloombergs-attempt-unmask-zero-hedge   Permalink 7:25 AM – 29 Apr 2016

@nntaleb He is right: Hillary Monsanto-Malmaison represents everything that’s fake in governance-free bureaucratistan.https://twitter.com/realDonaldTrump/status/726045073775828992   Permalink 7:02 AM – 29 Apr 2016

@nntaleb The reason commerce flourished in the Levant was thanks to Francis I’s deal with the Sultan (“echelles du Levant”) @peterfrankopan Permalink 12:39 AM – 29 Apr 2016

@nntaleb Encountered @peterfrankopan’s relative (ancstr?), emissary on the silk road, in the 1526 Franco-Ottoman Alliance. https://fr.wikipedia.org/wiki/Jean_Frangipani   Permalink 12:34 AM – 29 Apr 2016

@nntaleb A7san shi tele3 min jdid 3enna bi Lebnen w bled el Shem #BeirutMadinati sawwtulon! 3enna amal 3a musta2balna. Sawwto la #BeirutMadinati Permalink 12:05 AM – 29 Apr 2016

@nntaleb Yes see Taleb and Ruffie, 1965: Etudes hemotypiques des ethnies Libanaises @faizkatt @raytheonunited Permalink 12:04 AM – 29 Apr 2016

@nntaleb Where we show that the reciprocal of some fat tailed is…Gaussian!pic.twitter.com/wOyLRurGo5 Permalink 4:09 PM – 28 Apr 2016

@nntaleb Admonish your friends in private; paise them in public. Distrust anyone who does the reverse. (Secrete amicos admone; lauda palam.) Permalink 4:16 AM – 28 Apr 2016

@jdoleiv @nntaleb twitter allows me to follow skin in the game participants rather than just sideline journos. Game changer. Permalink 2:46 AM – 28 Apr 2016

@nntaleb Correction (3d version) L’3am yitjahalak mush 3am yensak Permalink 1:11 AM – 27 Apr 2016

@nntaleb Correction: L’3am yitjahalak mush 3am yijhalak Permalink 12:32 AM – 27 Apr 2016

@nntaleb L’3am yijhalak mush 3am yijhalak [Translation is open to improvement]pic.twitter.com/P7ixz7Z6rC Permalink 12:27 AM – 27 Apr 2016

@nntaleb Latkazzeb 3al kizzeb Yfakkerak bitsad2o. لتكزب علكزاب يفاكراك بتسدقواpic.twitter.com/5qX83MfP8t Permalink 11:49 PM – 26 Apr 2016

@nntaleb My policy is to block anyone who mentions “proof” and “aphorism” in the same breath. Makes life cleaaaaaaaaaaarer!https://twitter.com/alexandersafir/status/725209424323743744   Permalink 11:27 PM – 26 Apr 2016

@nntaleb بتعور الطايش بمعرفتوا [Attempts to translate into Levantine]pic.twitter.com/DD8OSl6eSh Permalink 11:13 PM – 26 Apr 2016

@nntaleb يلي بعرقلك شوي بأخرك كتير Permalink 11:06 PM – 26 Apr 2016

@nntaleb اول شي نقبل انوا ١) الشامي(المشرقي) لغه مش “لهجة” ٢) اللغة الشامية اعتق من العربي! (ولو فيا ٣٠ \١٠٠ كلمات عربي) ٣) اللغة بتبلش بالأدب Permalink 10:45 PM – 26 Apr 2016

@nntaleb بقبل الحرف السامي للشامي (هوي اسرع للكتابة) بس لل إنترنت بددك تستعمل اللاتيني حتا مايكتبو بل انكليزي @AssalehAmer @adnanhobalah @ZJourei Permalink 10:39 PM – 26 Apr 2016

@nntaleb Kill shi bi3ar2l shwayy bi2a55er ktiyr @AssalehAmer @adnanhobalah @crackmandem @ZJoureir Permalink 10:04 PM – 26 Apr 2016

@nntaleb Iza baddak ahl el balad yektbo bil-legha 3a facebook w social media sahhillun yeha. @adnanhobalah @ZJoureir Permalink 2:15 PM – 26 Apr 2016

@nntaleb Iza me7tar 3a kitebet elshami bil7arf el-latine shouf el inklise “dough” “rough” w kelmet heik. @ZJoureir @adnanhobalah Permalink 1:28 PM – 26 Apr 2016

@nntaleb For potential slayers of evil dragons such as Monsanto Ralph Nader’s citizen advocacy group mega-event May 23-26 https://www.breakingthroughpower.org/   Permalink 5:11 AM – 26 Apr 2016

@linaadali John the Grammarian as the Byzantine ambassador to the Abbasids before caliph al-Ma’mūn (left) & emperor Theophilospic.twitter.com/KRzEibb7St Permalink 7:26 AM – 24 Apr 2016

@nntaleb Said values include the firm belief that Shiites & *others* are deviant.https://twitter.com/ArabianVeritas/status/724587227012063232   Permalink 7:12 AM – 25 Apr 2016

@nntaleb Debunking some nonsense in the measurement of inequality. Final results. https://dl.dropboxusercontent.com/u/50282823/GINI-1.pdf  pic.twitter.com/Lcwyo9bFO2 Permalink 11:50 PM – 24 Apr 2016

@nntaleb Palm Sunday in Damascus 7 km from ISIShttps://twitter.com/AssalehAmer/status/724243496329076738   Permalink 8:50 AM – 24 Apr 2016

@nntaleb A Graeco- Roman temple 2 miles outside Amioun. No pagan worshippers this morning except for yours truly.pic.twitter.com/acehLKOwk7 Permalink 2:52 AM – 24 Apr 2016

@nntaleb From experience, never trust the UK press.https://twitter.com/holland_tom/status/724149265916936192   Permalink 1:37 AM – 24 Apr 2016

Nassim Taleb Is Angry That Not Even John Gotti Got Paid As Much As JPM’s Ina Drew | ZeroHedge

ZeroHedge weighs in.

Taleb also touches on something we have been arguing for since 2009, namely that if banks are to expect bail outs whenever they blow up, they should be treated as utilities, with full caps on comp, net income, and earnings. To wit: “Banks are utilities. I don’t understand why we’ve been bailing out banks since 1983 – they are utilities. They are de facto civil servants.”

Finally Taleb loses it by comparing Wall Street to the mafia: “I am not an idealist. I am someone who doesn’t want to be paying the $14 million dollars for this lady Ina Drew, which is more than John Gotti the mafioso got.” Well, neither does anyone else. But, sadly, even Nassim now realizes that it is the financial mafia who owns this country and calls all the shots.

Ironically, and we are surprised Taleb does not understand this, the only thing that can lead to change is if we have 1000 Ina Drews putting on mega fat tail trades they don’t understand, all of which eventually blow up in the bank’s prop trading faces, leading to the final Wall Street collapse. Only this time we have a feeling that if the Wall Street controlled Congress and Senate do bailout their financial lobby friends with another under the table $28 trillion rescue operation, the results will be far more bloody and lethal for everyone involved than back in 2008, when former Goldmanite Hank Paulson was waving his coopted three page term sheet in front of the sheep in Congress, simply to save the firm he used to run.

via Nassim Taleb Is Angry That Not Even John Gotti Got Paid As Much As JPM’s Ina Drew | ZeroHedge.