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Nassim Nicholas Taleb @nntaleb
How to BS about returns. The fellow is down big time on his purchases, lost several hundred million so far. Statistical gerrymandering: select a data point to fit a story. Use YTY, YTD, or, a better gauge, Max drawdown (BTC> -55%). — PolitiTweet.org
Michael Saylor⚡️ @saylor
#Bitcoin is the best hedge against #Inflation. Since $MSTR announced its first BTC purchase August 11, 2020, bitc… https://t.co/NfheWMc43i
Nassim Nicholas Taleb @nntaleb
2) After the above paper my Twitter feed (and email) suffered enough abuse, trolling, & insults, the bot managed to block >14,000. 14,000 Bitcoin is a magnet for psychopaths (gathers all conspiracy suckers, Covid deniers, antivaxx, climate denies, &, sadly, Putin supporters). — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@jimbo_cramer @rperezmarco Yeah, yeah. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@ArmandDAngour @Giovanni_Lido @benjcartlidge Feel better! — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
For those interested, my Quantitative Finance paper on bitcoin, dubbed the "bitcoin black paper". 1) not a currency, 2) not a store a value, 3) not an inflation hedge, 4) does not protect ag. "tyranny", 5) not decentralized. Effectively worth exactly 0. https://t.co/HWE66WFH6Z https://t.co/PAZhkuKaoi — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@leadlagreport Thanks but sorry I don't do podcasts. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@pickover Interesting https://t.co/JSB47Ih43Z — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@GhelfiFrancisco Fuck, no. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@financequant Islam the fastest growing religion prays in a "permanent" language, understood by a small minority. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@AleNekrasov ? — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
2) Of near-contemporaries with mental clarity: Warren Buffett, Charlie Munger, E Thorp, B Mandelbrot, S Wolfram, R Feynman, pple w/a complete grasp of their subject matter; can effortlessly spot something out of line when others drown in details, verbalisms, & procedures. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
Same in the U.S. and France. — PolitiTweet.org
shaarsh @shaarsh2
Swedish antivaxx groups now spread Russian propaganda instead. Anybody surprised by this? Conspiracy theorists are… https://t.co/MYa6VkIDcj
Nassim Nicholas Taleb @nntaleb
RT @shaarsh2: Swedish antivaxx groups now spread Russian propaganda instead. Anybody surprised by this? Conspiracy theorists are the cance… — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@trishankkarthik @normonics The idiot is talking to me while blocking me... Trishank, I know you derive some pleasure from vendettas but you must now find a more intelligent target. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
There are two kind of people: those who have mental clarity and those who don't. It is times like today that reveal the difference. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
This was @Coinbase. Insiders sold at the first offering to suckers. Stock is down 80% from that price. The morphology of suckers has been the same since I first started in finance. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
Reverse skin-in-the-game. You package a company to sell it to suckers. --- Note: when a person with the title of "C… https://t.co/KmQBzEvtX0
Nassim Nicholas Taleb @nntaleb
The fake account address https://t.co/OZASBTyTBR — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
FAKE ACCOUNT ALERT. This is not me on Instagram. https://t.co/hXkuyOKRKQ — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@arbronca Spanish is curated. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@bnuyaminim Yes my point is that spoken != written & using Aramaic for successive versions of the written (vs Galilean dialects). cc:@HsenAndil — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
W. Aramaic became the spoken lang. of the Levant later, thanks to mechanism of elite language becoming spoken. Today in the Levant people speak the dialect, but almost never write it. When I write in it, they reply in... English. Arabic is hard, reserved for Newspapers. 9/n — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
Somehow diglossia resolves in favor of local languages dominated by the prestige one. Gaul was diglossic/w vulgar Latin, for the ruling class. It slowly became the language of the population, but it took 1900 y to complete, until Jules Ferry banned patois frm schools. 8/n — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
At times when few could read & write, scribes had their own lang. Achemenids spoke Old Persian but (their scribes) wrote in Aramaic. Jesus did'nt speak Aramaic (a solely written lang.) but a Galilean dialect. Prob. used Aramaic for scholarly expression. Levant was triglossic. 7/n — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
When people tell me that Classical Arabic was never spoken as such only by poets & constructed by scholars my response is: this is the idea. Mandarin is an elite constructed language. As much as we hate the "intellectual elites", one needs them for scholarly languages. 6/n — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
l'Academie Française curated for the consistency. But they instigated Vatican II removing Latin from the Cath. church & killing its yuuuge network edge in globalization. France thought that French wd be the new Latin. But the E-U uses... English, lang. of a nonmember state. 5/n — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
Academie Française curatate for such a consistency. But they instigated Vatican II removing Latin from the Cath. church & killing its yuuuge edge in globalization. France thought that French would be the new Latin. But the E-U uses... English, lang. of a nonmember state! 5/n — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
So it's a mistake to lump spoken & scholarly languages together. Scholarly languages can adapt but must remain backward-compatible. Hence they must not be spoken in casual. Diglossia: the Swiss use a dialect in private, High German in board meetings. Even in France. 4/n — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
In English one cannot read a novel >200y. But between Cato I & Isaac Newton, Latin remained invariant (>1800 y). "Classical" lang. by definition must transport across time. Class. Arabic has a span of 1700 y; attracted diglossic authors who spoke at home another lang. 3/n — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
A lingua franca is needed for science & business, so requires spatial consistency. Words must have the same meaning in Oxford & Krasnodar. But a missed point is that it must also be read across generations. Syriac did not change a bit between Ephrem & Bar Hebraus (1000 y). 2/n — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
ON CLASSICAL LANGUAGES & MULTIGLOSSIA My interpretation of Kripke-Wittgenstein: a language must have temporal & spatial consistency (memory is imperfect so your language cannot be private). Classical languages have a property: unlike dialects, they don't vary across time. 1/n — PolitiTweet.org
