Nassim Nicholas Taleb

Nassim Nicholas Taleb @nntaleb

@PaulSkallas Game not over. Some will stay rich; overall impoverishment in the median. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

The essay "A Clash of Two Systems" of April had some traction... https://t.co/xfjBJFBYvb https://t.co/hYu2oZalN4 — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@marco_m_alves @financequant You shd start the tail later — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@zzbar Top! Revolves around this identity. https://t.co/mtC0lVTUgz — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@SrinivasR1729 Great and elegant! I will try to recreate the steps. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

No shortage without a glut! I spent time learning about aluminum from Jorge Vasquez. It depends mostly on electricity, the fattest tailed commodity; it allows what bitcoiners claimed to do, the storage & transportation of power. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@omar_ghxd @GraemeBandeira Prevents wars — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

Department of BS with regression. Move 1 single point. h/t @mikeharrisNY — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@micheliseneld No — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

Why do the inexperienced tend to be utopian as we witness w/the crypto & other techbeciles? When you consider the past, you get stuff marred w/the survivorship bias. When you live events you register all the mess & the crap that doesn't make it. (Lond discussion in #TheBlackSwan) — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

2) .... and many are performing ample BS about Marx in the thread (a few were randomly blocked). Let me explain. Marx's very point is that automation creates a pool of the unemployed that creates downward pressure on wages vs. capital. https://t.co/m00ylCGK80 — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@TolstoysHands @micheliseneld No — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

Never never BS about Marx. Pick someone else, say Teilhard de Chardin or Henri Bergson, those nobody cares about. He is the most studied of philosophers. I was once part of a reading group with people in it who read Das Kapital 10 times. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

Never never BS about Marx. Pick someone else, say Teilhard de Chardin or Henri Bergson, those nobody cares about. He is the most studied of philosophers. I was once part of a reading group of people who read Das Kapital 10 times. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

Never never BS about Marx. Pick someone else, say Teilhard de Chardin or Henri Bergson, those nobody care about. He is the most studied of philosophers. I was once part of a reading group of people who read Das Kapital 10 times. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@jaffer_ali1 @TMessi_1 All the best! — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

But of course! This is the PDF of the multivariate normalized Cauchy Distribution! https://t.co/Gs2WboUSzp — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

A friend alerted me that this integral is tough (indeed I failed to convert to spherical coordinates). He certainly aimed at ruining my weekend & diverting me from my bicycling. PS- Don't know if the 10,000 hour rule works, but I am certain that the 10,000 integral does wonders. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@boozifer99 The quacks you follow are even MORE false. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

2) Being independent & standing up doesn't mean ALWAYS going against the grain. Conspiracy theorists think that the mainstream is always wrong: they would stop drinking water if the government recommended it. They repress their members who rejected cryptos/embraced vaccines. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

Thanks @ERicRWeinstein; he was of great support before the financial crisis when being "scientific" meant using VaR & all pre-blownup "quants" were after me. He was also of support w/risks of Covid when there was still time to do something smart. In I way I miss Sam Harris. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

Thanks @ERicRWeinstein; he was of great support before the financial crisis when being "scientific" in finance meant using value-at-risk & all pre-blownup "quants" were after me. He was also of support with the risks of Covid when there was still time to do something smart. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

RT @MasaSkiba: He's willing to be one person against billions. He will literally stand up against any crowd. -- @EricRWeinstein on @nntale… — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@SaadMaan15 @omar_ghxd It is actually WE, the Rum, who spread or contributed to spread that belief owing to the animosity after the first Crusade and the sack of Constantinope during the fourth Crusade. They were not associated with "Rome" but with barbarians. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@CNBCJou Actually, more. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@trishankkarthik Get better! — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

@bill_esbenshade Survivorship bias. 1% end up self-standing. — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

2) It is a mistake to think that available cash to VCs is just dropping, hence same but "slow". No. Old businesses need more & more cash to open the door AND their return needs to exceed 4.5%. Many tech "billionaires" have just Monopoly $$ as they inflate upon "rounds". — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

Nobody is grasping the end of the 0 rates regime. Cash is king. VC Funding is actually down >50%, meaning that all these companies who think cash flow = hitting investors with more $$ will not be able to pay their bills. As with a Ponzi, you need funding to keep increasing. https://t.co/OyCsADg7hT — PolitiTweet.org

Nassim Nicholas Taleb @nntaleb

RT @ofer_rubin: @nntaleb BTW, now I understand the trade.https://t.co/KgfS1aiuIj — PolitiTweet.org