Nassim Taleb: pick two people at random
If their combined height is 4.1m, it's basically 2.05 + 2.05.
If their combined wealth is $36M, it's almost never 18 + 18 - it's ~$1,000 and ~$36M.
Height lives in "Mediocristan," where the average tells you everything.
Wealth - and markets - live in "Extremistan," where one event dominates the whole picture.
Ruin there never comes from a string of bad days.
It comes from a single one.
~1hr lecture, free. The Black Swan author at Cambridge on why the statistics you were taught break exactly where it matters.
Being right on average means nothing if one tail empties the account.
@TemiXo_1 Taking care of your own home may actually be better than corporate wage slavery. Wife-maids should simply charge their husbands for home keeping.
“Palestine/Israel is a problem for Palestinians and Israelis”. Really, only for them?
Ok, then stop arming one side, stop funding one side, stop protecting one side at the UN, stop censoring speech in our countries on behalf of one side.
@fawadchaudhry This moron farts out one dumb take after another....lahori food is million ways of making chana chat feel like something humans can consume
Whatever was left of the "West's" moral standing and credibility was destroyed here, in Gaza.
Gaza will be rebuilt, but it will take a Herculean effort to rebuild the standing of the West.
@DerArschloch Do Paki generals you worship also fall for cunts like Cynthia and this latest jew York post "journalist"...horny men are a bane for every country
President Trump told me it's "too soon" to start packing my bags for Islamabad after reports that the US and Iran are close to a peace deal.
“It’s too far. No, it’s too much," he said.
He's previously told me he'd go to Pakistan for a deal signing, but we're not there yet.