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I have very mixed feelings about these videos. Some don't quite build enough intuition, others are extremely handwavy. Also, Taleb often disses certain methods
by fny 5y ago
I have very mixed feelings about these videos. Some don't quite build enough intuition, others are extremely handwavy.
Also, Taleb often disses certain methods without providing alternatives or entertaining the idea that alternatives already exist.
My recent favorite is his rant about correlation where he shows that linear regression can yield a slope of zero on certain piecewise examples.
He just makes fun of regression and moves on without acknowledging piecewise and kernel regression exist to address those cases. Instead he'll make some comment about information theory being the solution without any further elaboration.
Sure correlation can be abused, but so can mutual information and any other information theoretic metric you choose.