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Nassim Nicholas Taleb @nntaleb

RT @D_B_McConnell: “Learning is rooted in repetition and convexity, meaning that the reading of a single text twice is more profitable than… — PolitiTweet.org

Posted Jan. 18, 2022 Retweet
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Nassim Nicholas Taleb @nntaleb

ThinktankPropagandista @GeorgeSelgin has the intellectual solidity of an overused sponge in a Japanese fish market . At the foundation of securities pricing is a distinction between "market price" & "valuation", which MBAs are forced to get before even getting keys to the dorm. — PolitiTweet.org

George Selgin @GeorgeSelgin

@david_glasner @nntaleb Just now one BTC is in fact "worth" about $42,000. The burden therefore ought to be on thos… https://t.co/2VzwqJaOwG

Posted Jan. 18, 2022
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Nassim Nicholas Taleb @nntaleb

@GeorgeSelgin @david_glasner typo: between transactionS. — PolitiTweet.org

Posted Jan. 18, 2022
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Nassim Nicholas Taleb @nntaleb

@JuliusProbst @KaMiller1 @GeorgeSelgin @david_glasner Yes, in a deflationary environment or in an asset-bearish phase, as a "halt" in investment. Like me, now. — PolitiTweet.org

Posted Jan. 18, 2022
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Nassim Nicholas Taleb @nntaleb

@GeorgeSelgin @david_glasner Ignorant Selgin, Fiat money are not used as investment, but as intermediate stores with convenience yield between transaction. You don't store fiat money in your safe because it will go up in value. — PolitiTweet.org

Posted Jan. 18, 2022
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Nassim Nicholas Taleb @nntaleb

@PieterTrapman @BertZwart1 I found abracadabra in Williams. It is similar to the COVFEFE problem https://t.co/C833k0WW3J — PolitiTweet.org

Posted Jan. 18, 2022
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Nassim Nicholas Taleb @nntaleb

@JohnJcollias @yaneerbaryam At the macro level we go by excess death. — PolitiTweet.org

Posted Jan. 18, 2022
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Nassim Nicholas Taleb @nntaleb

Can't go to Lebanon? Let Lebanon come to you. [Hopefully in two weeks; & I hope @EidAzar's will invite me to the vineyard of his Vertical33 w/original/ancestral grapes]. https://t.co/JCFyoGD1Km — PolitiTweet.org

Posted Jan. 18, 2022
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Nassim Nicholas Taleb @nntaleb

@BertZwart1 @PieterTrapman https://t.co/bZBWQE4vBD — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

@BertZwart1 @PieterTrapman I did this as a tutotial with a Markov chain. Let me find it. — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

@PieterTrapman @BertZwart1 I have G&S here any idea where the exercise is located? — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

@BertZwart1 Mabe I can arbiter. — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

@exergiovanni @AleNekrasov @trishankkarthik @otrasenda_AC Do you bend your knees while pressing? — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

@AleNekrasov @otrasenda_AC @exergiovanni @trishankkarthik I clean, then press 10. It works well, but I do it through the entire day. I did 20x 5 without fatigue. 10 x 10 brings some strain but I have time to recover. — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

The late Alexander Bogomolny asked me to ferret out probability solutions to mathematical problems; he only knew of 1: the Poisson density to solve a difficult inequality. I thought of him this morning with a probability solution to an identity. RIP, maestro. @SvetlanaBogom13 — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

Integral to start the week. Molto elegante. https://t.co/GhrVkzfkE7

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

3) Good thinker. We can't recover the energy spent to produce BTC & can't convert it to use uses. https://t.co/t6uwYJrvnV — PolitiTweet.org

Miguel A. Gaiteiro @miguelagaiteiro

@A_Botttle @nntaleb Could be interesting if we could transform BTCs into electricity again.

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

2) And no, BTC is not competing against "fiat". It is competing against the thousands of other sucker products that are born every year. Note: Fragility also comes when free money stops & they raise rates so BTC could prove to be a product of deflation, not inflation. — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

@digvijoy_c Yes, there was no weighted uniform. — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

@EdmondShami @NahanniFinanci1 @MasaSkiba No, no, no. I just drink slowly. — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

View BTC is as a contagious disease. It will spread, spread & its price will rally until saturation, that is ~every sucker stupid enough to buy the story is invested. When all suckers are in, the prevailing belief will make it an "obvious" investment. That's maximal fragility. — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

@NahanniFinanci1 @MasaSkiba For trying to — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

Mere coincidence. — PolitiTweet.org

cryptofazz² @cryptofazz

@WifeyAlpha It literally was. 28th of October when Taleb posted the $SHIB trading taxi driver https://t.co/CSnvBIsoeC

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

@NonMeek There is NO such thing as track record. There is money in the bank. The problem is that most fund managers are asset gatherers so $ in the bank don't map. — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

@HietanenPaavo It's not my voice, but that of @xjr358 — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

The generalization is...... beautiful https://t.co/K8V0vnCWnA — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

@drwhisky1 This is the floor function. — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

@mikeandallie It leads to .... the curse of dimensionality! — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

@mikeandallie Exactly same as with the Irving Hall distribution. — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

[Reposted (typo) Clearly it does not have to be derived probabilistically but we can easily see that the sum x1+...+x4 follows a uniform distribution. The floor function delivers only values at sum= 0, 1,2,3 times mass Integral at 0 x Int[0,1] +1 Int[1,2]+2 Int[2,3]... https://t.co/JXkst20OsC — PolitiTweet.org

Posted Jan. 17, 2022
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Nassim Nicholas Taleb @nntaleb

@d_quatraro Yes, see my solution. Actually started with n. — PolitiTweet.org

Posted Jan. 17, 2022