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Nassim Nicholas Taleb @nntaleb
Not good news for USJ in Lebanon. This is a follow up on my video. https://t.co/bNVyK0WsHH via @YouTube — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
Summer lesson: how to walk on the beach. An art that requires some training. -... https://t.co/pdhFjkGYEo via @YouTube — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@DrMichaelBonner Attic is no longer spoken in Attica. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@Sharpe_Actuary @trishankkarthik @Hm0293 @AmerAssaleh @RichmanRonald THanks! — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@FabioBaldassa11 It's not my experience. It will be yours. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
Explanation https://t.co/1gv2h4p0C8 — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
FINANCE DU JOUR Drawdows >> returns. [Ex: #BTC's DD is >2x current price]. If you buy X at $1 & it trades at $1000,… https://t…
Nassim Nicholas Taleb @nntaleb
عمول منيح و كبّ بلبحر. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@omar_ghxd @shaarsh2 Trading: you learn mathematics without the boredom of classrooms. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
Actually, discovering I (sort of) said it before with the story of Nissim Bernard. https://t.co/mtPTg82feq — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@EvrimBinbas @NektariaAna @sofkazinovieff An English lady who lives in Athens went to an Insead Alumnia dinner in Beirut with people from Syria, Jordan, Greece, Turkey, etc. She said she could not identify the Levantines by their looks, only at their body language when talking to other people at the table. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@Rainmaker1973 https://t.co/lDnVja6bn5 — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@bnuyaminim Hi, 1) the Koranic عيسا might have been another god (Al Jallad) merged with Jesus, no? 2) How about the Yeshu bar Pantera? — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
When you run into trouble, you will be surprised to discover than those who will help you will not be those you helped in the past. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@EvrimBinbas @NektariaAna @sofkazinovieff Same in Levantine. ta'arruf => 3mol ma3ruf. Nothing is ever direct except of course when you are angry. You never say "give me". Rather: "may I possibly, maybe, if you want to do a good deed (3mol ma3ruf) have some bread to maybe, perhaps, eat it?" — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
And then, transiting through Dubai, you are arrested for charges you never knew about... Like posting satirical tweets about the Emirates or investigating labor practices there. No, thank you. I prefer the discomfort of airlines from countries w/due process. — PolitiTweet.org
Spencer Wells @spwells
"’While others respond to industry pressures with cost cuts, Emirates is flying against the grain and investing to… https://t.co/4B0J4QkyhX
Nassim Nicholas Taleb @nntaleb
3) In finance, an opportunity loss (failed to sell at $1000) is never neutral. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
3) In finance, an opportunity loss (sell at $1000) is real. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
2) Old trader lore: if you own something trading at $1000, ask yourself: "would I buy it here if I didn't have it?". If the answer is Nyet, sell. So if it trades back at 2, you lost 998. Fallacy: there is no economic difference (outside of tax) between realized and unrealized. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
FINANCE DU JOUR Drawdows >> returns. [Ex: #BTC's DD is >2x current price]. If you buy X at $1 & it trades at $1000, then back to $2, you are worse off than if it went frm 1 to 2. Why? a- You may have spent the $1000, even if mentally b- Someone else bought at $1000 #Sunkcosts — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@shaarsh2 Makes you more cautious! Glad you are OK. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@riachi_jean @Ka3Keh Incidentally, most French loan words came from Turkish via Sabir. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@riachi_jean @Ka3Keh And Merci came from Turkish (like a lot of loan words). Still used in Persian/Armenian. Jean these idiots don't read books. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
The central delusion in capitalism: managers, after a while, start thinking that they are owners. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@ole_b_peters Sorry but I am leaving this conversation. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@pmontu33 @ashokatluri @ole_b_peters The sign of a novice in finance is to not be aware that drawdown is EVERYTHING and past history does not count beyond last price. It also accounts for the missed opportunity for those who bought at one cent to sell higher. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@joonya__ To hide their loss of means. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@ole_b_peters The first characteristic of a hedge is RELIABILITY. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@ole_b_peters Hedge has a very precise meaning in finance. It is not something vague about maybe making money in stochastic amounts, or maybe losing ... — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@ole_b_peters And BTW I wrote an paper explaing ex ante why it is not, as well as defining an inflation hedge. — PolitiTweet.org
Nassim Nicholas Taleb @nntaleb
@xtsop Done — PolitiTweet.org
