On the Statistical Differences between BinaryForecasts and Real World Payoffs (pdf)

STATISTICAL CONSEQUENCES OF FAT TAILS [TECHNICAL INCERTO COLLECTION]

Real World Risk Institute, LLC – HOW TO MAKE DECISIONS UNDER UNCERTAINTY

EPISTEMOLOGY of PROBABILITY (pdf)

The Beirut Banyan EPISODE 81: Nassim Nicholas Taleb & Local Solutions for Lebanon (audio, Soundcloud)

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@nntaleb BS Busting Showing how ~50 years of psychologists/decisiontheoristas claims that people “irrationally” “overestimate tails” are unrigorous; how being a “good forecaster” means nothing,etc. Some (e.g. Phil the rat @PTetlock) won’t like it Full version at https://arxiv.org/pdf/1907.11162.pdf   ” target=”_blank”>http://pic.twitter.com/STDMM5E1fT”>  pic.twitter.com/STDMM5E1fT Permalink 6:25 AM – 19 Dec 2019

@TalebWisdom “Mediocre minds are outraged by small insults but passive, subdued, and silent in front of very large ones. ” – From Bed of Procrustes. Permalink 4:31 AM – 19 Dec 2019

@mikeandallie (1/2) I had a bit of a lucky start to my day today seeing this thread. Nassim’s solution – though a solution in a tweet! – is a terrific lesson for calculus students as it is a fantastic use of both the Fundamental Theorem of Calculus and also infinite series. https://twitter.com/nntaleb/status/1207621312006574081   Permalink 3:27 AM – 19 Dec 2019

@nntaleb Corrected pic.twitter.com/LeBjHvSS0y Permalink 3:18 AM – 19 Dec 2019

@nntaleb Voila pic.twitter.com/8LkjS7O7oZ Permalink 2:16 AM – 19 Dec 2019

@nntaleb MATH PUZZLE DU JOUR. For my trip back from India. pic.twitter.com/s9StRGpDZ3 Permalink 3:09 PM – 18 Dec 2019

@nntaleb Modern dialects called “Arabic” do not descend from “Classical Arabic”, but both they and Fus7a share a common parent; Fus7a appears to be larely manufactured by a bunch of scholars. It is like mistaking your cousin for your grandfather. https://twitter.com/PhDniX/status/1207431607369502721   Permalink 3:01 PM – 18 Dec 2019

@nntaleb This is, scientifically, fraud. I mean, really fraud. https://twitter.com/WDavidHill/status/1206518159873851394   Permalink 11:26 AM – 18 Dec 2019

@nntaleb Kids get that Antifragile = Convexity. Social scientists can’t get it. https://twitter.com/MamanLunettes/status/1207378173106806786   Permalink 11:18 AM – 18 Dec 2019

@nntaleb He did not get skin in the game. It is filtering. So many people discuss ideas from books they haven’t read. — h/t @imleslahdin https://twitter.com/balajis/status/1207319434957918209   Permalink 9:06 AM – 18 Dec 2019

@marco_m_alves Localism is not “peace on earth” as it creates much more “inconvenient’ day to day (corruption is more visible, disputes are direct, etc). But it’s the trade-off for avoiding system-wide collapse. Permalink 11:17 PM – 17 Dec 2019

@nntaleb Granted! https://twitter.com/Jed_Trott/status/1207011658884960258   Permalink 11:18 AM – 17 Dec 2019

@nntaleb My former student is correct to bring me into line. Propagandists are unconditional in their support, never nuanced, even with the most eggregious actions. And thet are eventually caught. Like now. https://twitter.com/Mo_Hrmz/status/1206972693737857024   Permalink 8:45 AM – 17 Dec 2019

@nntaleb SPECULATIVE EAST-MED PHILOLOGY “Spice”, μπαχαρικό (Bahariko) in Greek, بهارات (Bharat) in Levantine (not so much in Classical Ar), and baharat in Turkish originate from the old name for India: Bharat. Simply, the Med had no spices, only herbs. Permalink 8:37 AM – 17 Dec 2019

@yzilber Confusion can help learning https://news.nd.edu/news/confusion-can-be-beneficial-for-learning-study/   @nntaleb will like this study (2012) Permalink 6:35 AM – 17 Dec 2019

@nntaleb The way to do it. https://edition.cnn.com/videos/world/2019/12/15/lebanon-tax-strike-wedeman-pkg-vpx.cnn?fbclid=IwAR1kyuv87g2pke9Y17GSvXyAdRINMPBKAKzmqxoO2stzjUi8dyoxS5iHIyA   Permalink 5:50 AM – 17 Dec 2019

@nntaleb How to rescale distances on PCA maps for genetics. @WolframResearch Mathematica Code with verification pic.twitter.com/cVfRKS0Y9Y Permalink 3:46 AM – 17 Dec 2019

@nntaleb I will give it a second look. https://twitter.com/paulportesi/status/1206713742030860288   Permalink 2:30 AM – 17 Dec 2019

@CCavafy “But most incomparable / of all, Antioch boasts that she’s a city / that’s been Greek since Ancient times” – C.P. Cavafy, “Greek Since Ancient Times”, translated by @DAMendelsohnNYC #poetry #cavafy #Greece pic.twitter.com/8kuwmOY8ww Permalink 5:05 AM – 16 Dec 2019

@TalebWisdom “Being arrogant towards a fraudster in power = iconoclast. Being arrogant towards a regular person = psychologist.” – Nassim Nicholas Taleb <a href="http://www.twitter.com/TalebWisdom/status/120656075971