Mike Davis

Finance Hub

[Nassim Nicholas Taleb @nntaleb]

The main purpose of religion, I wrote in the Incerto, is not to affirm that there is a God, but to prevent humans from thinking they are Gods.

Likewise the purpose of a modern king is not to rule, but to prevent politicians & office climbers from thinking that they are kings.

[Massimo @Rainmaker1973]

Ever wonder what’s happening inside an AI’s brain?

This is a neural network in action,turning raw data into "thoughts" through thousands of layered transformations.

[Nassim Nicholas Taleb @nntaleb]

And if you try 200 times you have 200% chance of success, no?

[Science Magazine @ScienceExpand]

Physics

[Nassim Nicholas Taleb @nntaleb]

Predictably, a victim of AI is Wikipedia. I picked mathematical subjects that may have an October seasonality, but are not affected by fashion/current events.
Same for Math StackExchange.

This, considering that a lot of the math learned by AI came from Wikipedia and MSE.

[Nassim Nicholas Taleb @nntaleb]

New paper coming: American options and stochastic rates.

[Nassim Nicholas Taleb @nntaleb]

Will do a video on this. Just consider that if the population doubles, the tallest person will be taller (as with other extremes).

Under fat tails, as with $$, the share of the top .1 will increase when you double the population. THis makes GINI non additive.
More in SCOFT

[Abakcus @abakcus]

This is the most beautiful journal I have ever seen.

[Nassim Nicholas Taleb @nntaleb]

Calligulino Trump is now discovering the lesson of the aphorism that people are mostly interested in what you are trying to hide from them.

[Cedars and Saints🇻🇦 @CedarsAndSaints]

Wow… I got SHIVERS! 😳

When Abeer Nehme sang the Lord's Prayer in Aramaic, the whole place fell silent.

A voice from Lebanon, welcoming the Pope with the very same language of Jesus himself.

[Nassim Nicholas Taleb @nntaleb]

Game theory is an amuse-mind for people who never had a real job.

[Nassim Nicholas Taleb @nntaleb]

@IndianLatino Incentives WITHOUT disincentives is free option.

[Nassim Nicholas Taleb @nntaleb]

The ability to know what you can't predict and work with unpredictability is the best measure of intelligence.

(Fooled by Randomness, Chapter on Philostratus).

[Jeffrey West @mathoncbro]

😆🫣 The streamers were a nice touch..

For anyone wanting to follow along, I tweet about math/physics in oncology and more generally about life in academics. Let’s connect!

[Nassim Nicholas Taleb @nntaleb]

Correct. With training, someone with math skills can bring up IQ to the 170s, without becoming suddenly more "intelligent".

[Rajesh Nathani @nathanirr]

@nntaleb IQ can be gamed. Many decades ago, when I was an aggressive teenager, I wanted confirmation that my IQ was good. In India, we were taught mainly through rote, back then, and no problem-solving skills. On the first test, a disappointing 115. I looked up the solutions

[Nassim Nicholas Taleb @nntaleb]

To be a real Human, one needs intelligence, courage, tenacity, curiosity, and a strong moral backbone. Remove any one of the five and you end up with the equivalent of a lemon.

[Nassim Nicholas Taleb @nntaleb]

There is a toxic type of person to avoid— the kind obsessed with hierarchy, constantly ranking everyone: net worth, IQ, number of publications,academic titles & citations, cycling FTP, 5K running speed, education, etc.
They are miserable & want you to be miserable too.

[Nassim Nicholas Taleb @nntaleb]

Finance has four simple rules: maintain a clear mind, figure out asymmetries, detect circularities, and never talk to idiots.

[Nassim Nicholas Taleb @nntaleb]

Markets are never as FRAGILE as when the government claims they are antifragile.