Thinkers find it difficult to tolerate fools. If they don't learn how to embed themselves into society they will spiral.
But this difficulty comes from extending one's public behavior directly from their deep thinking identity. When you expect a reciprocal interest in intellect you are going to be perpetually frustrated.
One must temporarily rise above the reasoning identity for the sake of implementing the currency of conversation.
The thinker who cannot tolerate fools has forgotten where information comes from. Discovery requires contact with reality, and reality arrives mixed with confusion, error, and misunderstanding.
Wisdom is not avoiding the noise; it is learning to be who you need to be to extract the signal.
You can always come back down and be smart when and as needed.
I disagree with the popular view that “some people are smarter than others.”
The immediate reaction by most is that I am making some shallow egalitarian claim. No.
I am making a systems-level critique of how intelligence is defined and localized.
Intelligence is not fundamentally an individual property; it is an emergent property of interacting systems.
Problems are solved by networks of differentiated roles rather than isolated minds.
That’s how nature *actually* functions.
Separating someone’s specific “role” in problem solving is a localization fallacy.
This is the case for any historical discovery or present day innovation.
The property of intelligence loses all meaning once (artificially) isolated from the group. There is no such thing as “individual intellect” because you cannot disconnect the information and insight an individual holds from the countless unseen contributions of the group.
This is a fundamental property of systems in nature.
@iamrahstradamus@BillSimmons His issue is being overly committed to a narrative. You actually don’t have to watch the games if you are only anchored to the plot in your head.
You've heard of crypto trend signals.
Have you wondered how they were created?
Today, I actually show you guys how to create a performant, scalable trend signal. Hint: It's going to be a smart ensemble of weak trend estimators.
Randomly giving out free articles for retweets!
Udonis Haslem on Wemby 'unethical basketball' comments potentially aimed at OKC
"You can't wine your way, cry your way, beg your way to a championship. I'm not sure hes talking bout OKC but i don't want to hear none of that about OKC."
Imagine how different the world might be now if Thatcher had actually understood incentives and constraints. She might have said “The trouble with socialism is that eventually you run out of other people’s work product.” It’s impossible to run out of money, but a rudderless economy will eventually atrophy and fail to produce what society needs. Political leadership is about setting long term vision, activating the imagination and energy of the people, and deploying the range of institutions at your disposal - often including free markets - to achieve long term objectives. The trouble with Thatcher’s neoliberalism was that it asked markets themselves to set direction. But you don’t ask the car where it wants to go. And you don’t ask Seal Team Six what hill to take. Markets are instruments, not deities. Now we’re turning to AI for meaning and purpose. There’s no there, there. Only living things have meaning, purpose, urgency, motivation. Humanity must create the vision - seek, aspire. Then we can point our markets and other institutions in directions that craft the future we want. Will we get it right all the time? Will it be maximally efficient? Of course not. But there is no alternative. Markets simply can’t show us where to go. We have to take the reins, chart a course, take risks, be brave. We can do it.
@BinkleyHoops Amen is a strong dude. Forearm to chest won’t change his shape. Watch footwork instead. Shae beats him with lunge step and Amen has to open up and drop back his right foot giving up space.
Strange times.
Europe is largely composed of museum ethnostates straining and failing to become pluralistic civic societies; the U.S. is a pluralistic immigrant civic state now straining and failing to become an ethnostate.
People think good decision-making is about being right...It’s not. It’s about lowering the cost of being wrong & changing your mind. When the cost of mistakes is high, we’re paralyzed with fear. When the cost of mistakes is low, we can move fast and adapt. Make mistakes cheap, not rare. - This thought is from Farnam Street and I thought it applied well to trading!
leaking my ultimate Iron Condor cheat sheet
this is THE guide I wish I had when I started trading options
inside the drop:
how to instantly spot if Iron Condor is the right play
ideal market conditions (vol, structure, catalysts)
risk/reward sweet spots + adjustment tips
pro insights that took me 15+ yrs on the trading floor to refine
built for serious traders who want to stop guessing & start managing positions like a pro
reply “CONDOR” + retweet and I’ll DM it over (must be following so i can DM)
I was explaining to my Ukrainian colleague the phrase ‘There’s no such thing as a free lunch’. She told me the equivalent in Ukrainian is ‘The only free cheese is in the mousetrap’ - which is so much better