Nassim Nicholas Taleb

Nassim Nicholas Taleb @nntaleb

@NahanniFinanci1 @benjbrsi @LUmutoniwase @SeloOlive One can do without patronizing psychopaths, no? Plenty of good small producers. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@NahanniFinanci1 @LUmutoniwase You recover the membership if you shop. Not all items are yuuge. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

RT @JonathanShedler: Every time I look at my inbox, I think of this quotation: “Procrastination is the soul rebelling against entrapment.”… — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

Next time you want to make friends, make Italian friends. Of the zillions of people who worked w/Peter Carr, among the ones who came from far to attend the physical conference were 7 Italians. Most others, often only a subway (or train) ride away, used Zoom. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@CarstenBender @PeterZeihan @coryklippsten I block idiots. Sorry. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

RT @nntaleb: @PeterZeihan @coryklippsten If someone NEEDS to convince you (or, worse, bully you, or, worse, threaten you) that it is a good… — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@PeterZeihan @coryklippsten If someone NEEDS to convince you (or, worse, bully you, or, worse, threaten you) that it is a good investment/tool/product, it is not a good investment/tool/product. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

4) Costco's success lies in using optionality & substitution. Their method consists in finding,under stringent quality control, maximally economical items per category. They don't sell 10 varieties of a given item, just 1 or 2. So their edge expands during inflationary periods. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@LUmutoniwase on rigid basket. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

3) The core is optionality. The consumer does not have a rigid basket, but has the option to switch between items and substitutes as they become available via high and low technology. I see errors made today by "professionals" that were almost never made in the past. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

2/ So the error is to anchor on specific items rather than a dynamic basket. There has been a loss of financial sophistication w/cypto/blockchain generation. In their word salads, they don't get that "money supply" became asset inflation from low rates, largely from crypto & RE. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

INFLATION /n Supermarkets A & B are in the same town. A advertises it sells same butter brand $.53/lb cheaper than B. B advertises it sells the same detergent $.78 cheaper than A. When gauging your own goods inflation, look at the lower bound of prices & include substitution. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@mradassaad @otrasenda_AC @Heinonmatti @JordanHedberg @rorysutherland North East — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

According to @holland_tom and @dcsandbrook the Soviet Union was not dispatched by military spending, rather by the oil glut of the 1980s. Russia is principally an oil economy. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@otrasenda_AC @Heinonmatti @JordanHedberg @rorysutherland https://t.co/G65D7GxNNF — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@DrCirillo https://t.co/XLVkQFjDPp — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

Great corollary — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@vitaliyk @DonJRobertson He has 100% of the attributes. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

Weak nations require strong leaders; strong nations require weak leaders, or, better, no leader. (New pamphlet) — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

2) Cherubini for the representation uses the concept of "pseudo-sums" with respect to a generator G: Neat concept of the binary operation in probabilistic framework: from @DrCirillo and Carr [posthumous]: https://t.co/gZnGiqP5Ac https://t.co/VeLGUExQW7 — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@vitaliyk @DonJRobertson Vitaliy, have you seen his bio? Never a good idea to have charlatans endorse your books. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@INArteCarloDoss Waaaasel — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

Prof Umberto Cherubini at Peter Carr's Memorial Conference: Kelly criterion under a different algebra. https://t.co/j8DwcDGpO9 — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

RT @MasaSkiba: @nntaleb @LUmutoniwase @rorysutherland "The natural benefit of cellphones, laptops, and other indispensable modern items is… — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@geoffreydgraham @DonJRobertson Actually there are errors concerning Seneca. I am interested in errors in my work AND in correcting them. But they are not necessarily what some bullshit artist is claiming. https://t.co/L3xe1OqZUB — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@LUmutoniwase @rorysutherland Mar Mtanios. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@Tordenois @DonJRobertson Details, please. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@geoffreydgraham @DonJRobertson When some nonexpert claims "experts" are wrong, without compelling details, more scrutiny of the claim is needed. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@Spfannenschmidt To the gut. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@geoffreydgraham @DonJRobertson The only thing the fellow is going by is his "expertise" as an arbiter of what is correct or what is not (rather than precise details). In general it is a red flag unless the fellow is deemed to have some authority by publishing in journals read by peers, namely philosophers. https://t.co/v9AzWKzfnj — PolitiTweet.org