I saw this article going viral a few days ago, “If You’re So Smart, Why Are You So Poor?” A recurring theme in these “IQ does not predict much” or “IQ is overrated” articles, such as Taleb’s viral 2019 article “IQ is a pseudoscience swindle,” is the failure of the author to take into account… Continue reading Being Smart Helps When it Comes to Success
Month: August 2025
More correct predictions , and the role of IQ and forecasting
A major part of IQ is the ability to anticipate or adapt to a changing environment. I am able to take advantage of the tendency of BTC to fall randomly or along with the stock market, but not participate on the upside. This makes shorting perfect for hedging in the event of bad news, like… Continue reading More correct predictions , and the role of IQ and forecasting
The Doom Loop
The ‘doom loop’ is composed of Epstein, Iran-Israel (and maybe Gaza) and tariffs, that alternate in the news cycle, typically one or two at a time as if in a loop. In July, Trump declared airstrikes on Iran, and Epstein was also in the news after Elon tweeted about it. Now the Iran conflict is… Continue reading The Doom Loop