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Nassim Taleb got lucky trading during the 80s and he would not let us hear the end of it. He is smart and all but his language and writing style spike my BS met

Nassim Taleb got lucky trading during the 80s and he would not let us hear the end of it. He is smart and all but his language and writing style spike my BS meter.

alpineidyll3 7y ago
Lately he's been trying to maintain profile by lazily inciting feuds on twitter, and publishing tracts of Wikipedia articles on stats formatted in mathematica as deep research. I like at least half his hot takes, but am turned off by the attention hunger implicit in his random trolling. Can't tell if he does this to keep money flowing into universa which is otherwise a poorly run fund or what.
aguyfromnb 7y ago
I'm not a huge fan of NNT. He's a jerk on Twitter (so is Musk), but he's not the first expert-in-his-field to call Musk out for not knowing what he's talking about. The latest incident being Musk's irresponsible comments on Covid-19.
- justanotherhn 7y ago
  How are his comments irresponsible? All he said is that the panic is dumb. That's it. Are you are suggesting that people should be panicking? Which includes stockpiling, paranoia and racism disguised as fear of the virus. Definition: A sudden, overpowering feeling of fear, often affecting many people at once
  - deleted 7y ago
    [deleted]
  - IG_Semmelweiss 7y ago
    Yes. Because if they did not, its possible that a worst-case scenario would rapidly spiral out of control into a society-collapse like outcome. The 2% death rate is irrelevant. What matters is the complex systems (and responses) that would be triggered by such death rates. Paranoia makes sense because it will keep us alive as a society. (regardless of individually questionable decisions).
  - aguyfromnb 7y ago
    >How are his comments irresponsible? All he said is that the panic is dumb. That's it. That isn't "all he said"; you could try reading his Tweets on the matter: "Virality of C19 is overstated due to conflating diagnosis date with contraction date & over-extrapolating exponential growth, which is never what happens in reality. Keep extrapolating & virus will exceed mass of known universe!" This is just utter nonsense. It's gibberish, coming from a guy who uses the term "exponential growth" all the time when it comes to his factory production. Virality is a social media term for crying out loud. >Definition: A sudden, overpowering feeling of fear, often affecting many people at once It's your and Elon's opinion that people are panicking.
csomar 7y ago
He claims to have made millions in the 2008-2009 crisis but provides little proof for his claim. It's not even clear if he made any serious money from trading. He seems to be milking some money, however, from books and from some shady mini-certificate that costs $2950 for a couple days[+]. [+]: https://realworldrisk.com/details.html https://realworldrisk.com/details.html
BubRoss 7y ago
I couldn't read past the first twelve pages of his book since he hadn't moved on from restating how great he was.

Nassim Taleb got lucky trading during the 80s and he would not let us hear the end of it. He is smart and all but his language and writing style spike my BS meter.

alpineidyll3 7y ago

Lately he's been trying to maintain profile by lazily inciting feuds on twitter, and publishing tracts of Wikipedia articles on stats formatted in mathematica as deep research. I like at least half his hot takes, but am turned off by the attention hunger implicit in his random trolling. Can't tell if he does this to keep money flowing into universa which is otherwise a poorly run fund or what.

aguyfromnb 7y ago

I'm not a huge fan of NNT. He's a jerk on Twitter (so is Musk), but he's not the first expert-in-his-field to call Musk out for not knowing what he's talking about. The latest incident being Musk's irresponsible comments on Covid-19.

justanotherhn 7y ago
How are his comments irresponsible? All he said is that the panic is dumb. That's it. Are you are suggesting that people should be panicking? Which includes stockpiling, paranoia and racism disguised as fear of the virus. Definition: A sudden, overpowering feeling of fear, often affecting many people at once
- deleted 7y ago
  [deleted]
- IG_Semmelweiss 7y ago
  Yes. Because if they did not, its possible that a worst-case scenario would rapidly spiral out of control into a society-collapse like outcome. The 2% death rate is irrelevant. What matters is the complex systems (and responses) that would be triggered by such death rates. Paranoia makes sense because it will keep us alive as a society. (regardless of individually questionable decisions).
- aguyfromnb 7y ago
  >How are his comments irresponsible? All he said is that the panic is dumb. That's it. That isn't "all he said"; you could try reading his Tweets on the matter: "Virality of C19 is overstated due to conflating diagnosis date with contraction date & over-extrapolating exponential growth, which is never what happens in reality. Keep extrapolating & virus will exceed mass of known universe!" This is just utter nonsense. It's gibberish, coming from a guy who uses the term "exponential growth" all the time when it comes to his factory production. Virality is a social media term for crying out loud. >Definition: A sudden, overpowering feeling of fear, often affecting many people at once It's your and Elon's opinion that people are panicking.

csomar 7y ago

He claims to have made millions in the 2008-2009 crisis but provides little proof for his claim. It's not even clear if he made any serious money from trading. He seems to be milking some money, however, from books and from some shady mini-certificate that costs $2950 for a couple days[+]. [+]: https://realworldrisk.com/details.html https://realworldrisk.com/details.html

BubRoss 7y ago

I couldn't read past the first twelve pages of his book since he hadn't moved on from restating how great he was.