Nassim Nicholas Tooleb has a new article How to be Rational about Rationality – INCERTO – Medium Tooleb says the same ol’ stuff every time: scientists are overconfident, epistemological uncertainty, hidden risks, etc. Survival comes first, truth, understanding, and science later In other words, you do not need science to survive (we’ve done it for… Continue reading Taleb: How to be Rational about Rationality: Analysis
Tag: Nassim Nicholas Taleb
More Tooleb Nonsense Debunked
Nassim Nicholas Tooleb, the angry flâneur who blocks and insults people on Twitter, continues to demonstrate being the intellectual-yet-idiot that he is, in a recent Medium post Inequality and Skin in the Game: The author Joan Williams, in an insightful article, explains that the working class is impressed by the rich, as role models. Michèle… Continue reading More Tooleb Nonsense Debunked
Nassim Tooleb Loses His Temper Again
Nassim Tooleb lost his temper again. He began by asking the difference between democracy and populism, but only asking for ‘rigorous’ explanations, which is kinda difficult given the 140-character restriction of Twitter. But people tried anyway. I am still looking for someone to give a rigorous explanation/explanation of difference between populism & democracy. Nothing yet.… Continue reading Nassim Tooleb Loses His Temper Again
Analysis of Mark Spitznagel Tail Hedging, Part 2
Part 1 From what I can glean from the links provided in part 1, Universa allocates approximately 1% of its capital on OTM (out-of-money) S&P 500 puts that expire in 70-90 days and have a ‘delta’ of .01 (at-the-money puts typically have a delta of .50). These are puts that are struck at strike prices… Continue reading Analysis of Mark Spitznagel Tail Hedging, Part 2
Does Tail Hedging Work? It Depends
Lately there has been a lot of discussion about finance, and people want to know how to ‘protect themselves’ in a market crash, so as to be expected buzzwords such as ‘black swans’, ‘fat tails’, and ‘tail hedging’ are mentioned, topics popularized by Nassim Taleb, who became something of a legend akin to the 21st.… Continue reading Does Tail Hedging Work? It Depends
Tooleb becomes self-aware, part 2
It looks like Nassim Nicholas Tooleb is becoming self-aware again in a recent Medium post appropriately titled The Intellectual Yet Idiot (in which he expands on his original Facebook post). Just replace all instances of ‘IYI’ with ‘Tooleb’ and it’s a perfect description of him. For those who think Tooleb is part of the alt-right,… Continue reading Tooleb becomes self-aware, part 2
Nicholas Nassim Taleb Becomes Self-Aware
Nicholas Nassim Tooleb holds a mirror to himself for some much needed self-reflection: Intellectual Yet Idiot: semi-erudite bureaucrat who thinks he is an erudite; pathologizes others for doing things he doesn’t understand not realizing it is his understanding that may be limited; imparts normative ideas to others: thinks people should act according to their best… Continue reading Nicholas Nassim Taleb Becomes Self-Aware
Real World Risk Institute
In the mid 2000’s after a string of losses, Nassim Nicholas Tooleb closed his fund, Empirica Capital, to become a writer specializing in repacking otherwise prosaic ideas. Despite Taleb’s fame and all the media attention about ‘black swans’, Tooleb’s CV is unimpressive. All his papers are sparse, lacking in rigor, and published in low-impact journals… Continue reading Real World Risk Institute
Taleb’s CV
Part 1: Nassim Nicholas Taleb: Thin-Skin In The Game Going through Taleb’s CV, it’s not as impressive as its length suggests. Owing to his large media presence, getting published in some journals is easier, and a lot of his papers are duplicates of the Black Swan concepts. There are also a lot of opinion and… Continue reading Taleb’s CV
Nassim Nicholas Taleb: Thin-Skin In The Game
The Talebian One himself, Nassim Nicholas Taleb, whom I have written about at length on this blog, has a new book, “Skin in the Game”, which he has been promoting on Twitter. This is not a review of the book; rather, it’s a review of his broader ideas and character. The problems with Taleb are… Continue reading Nassim Nicholas Taleb: Thin-Skin In The Game