Thoughts on Nassim Taleb and the Incerto series? :marseyflaglebanon: :marseymath:


								

								

!bookworms !mathematics

I read four of the 5 Incerto books (the only one I didn't is "The Bed of Procrustes").

It's been a while but my takes were that "Fooled by Randomness" and "The Black Swan" had legit interesting ideas and concepts along Taleb's anecdotes.

"Antifragile" and "Skin in the Game" had some interesting ideas, but the writing style went down considerably, he became so full of himself. Check this excerpt from "Antifragile" for instance

In the aftermath of the banking crisis, I received all manner of threats, and The Wall Street Journal suggested that I 'stock up on bodyguards.' I tried to tell myself no worries, stay calm, these threats were coming from disgruntled bankers; anyway, people get whacked first, then you read about it in the newspapers, not in the reverse sequence. But the argument did not register in my mind, and, when in New York or London, I could not relax, even after chamomile tea. I started feeling paranoia in public places, scrutinizing people to ascertain that I was not being followed. I started taking the bodyguard suggestion seriously, and I found it more appealing (and considerably more economical) to become one, or, better, to look like one. I found Lenny 'Cake,' a trainer, weighing around two hundred and eighty pounds (one hundred and thirty kilograms), who moonlighted as a security person. His nickname and weight both came from his predilection for cakes. Lenny Cake was the most physically intimidating person within five zip codes, and he was sixty. So, rather than taking lessons, I watched him train. He was into the 'maximum lifts' type of training and swore by it, as he found it the most effective and least time-consuming. This method consisted of short episodes in the gym in which one focused solely on improving one's past maximum in a single lift, the heaviest weight one could haul, sort of the high-water mark. The workout was limited to trying to exceed that mark once or twice, rather than spending time on un-entertaining time-consuming repetitions. The exercise got me into a naturalistic form of weightlifting, and one that accords with the evidence-based literature: work on the maximum, spend the rest of the time resting and splurging on mafia-sized steaks. I have been trying to push my limit for four years now; it is amazing to see how something in my biology anticipates a higher level than the past maximum—until it reaches its ceiling. When I deadlift (i.e., mimic lifting a stone to waist level) using a bar with three hundred and thirty pounds, then rest, I can safely expect that I will build a certain amount of additional strength as my body predicts that next time I may need to lift three hundred and thirty-five pounds. The benefits, beyond the fading of my paranoia and my newfound calm in public places, includes small unexpected conveniences. When I am harassed by limo drivers in the arrival hall at Kennedy airport insistently offering me a ride and I calmly tell them to 'f*** off,' they go away immediately

:speechbubble#:

https://i.rdrama.net/images/17242679513472307.webp :#marseyxd:

For those who don't know him, he's foul-mouthed Lebanese-American statistician and risk analyzer (and a former stockbroker).

His twitter is super unhinged and dramapilled (fights with cryptostrags, antivaxxers, Nate Silver, plus berating Jordan Memerson, Steven Pinker, Lex Friedman, pan-arabists). Since october 7th however his Twitter became just boring sandshit stuff, kind of like an angrier @Redactor0 thread of comments.

His sub discusses it

https://old.reddit.com/r/nassimtaleb/comments/1923uef/talebs_tweets_getting_angrier_and_crazier/

https://i.rdrama.net/images/1724267951713682.webp

The Lobsterson and the Nate Silver drama always makes me laugh

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STEMcel brainlet severely overestimating his own intelligence :marseymanysuchcases:

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:marseyme:

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I spent half a decade as a modeling and simulation engineer. The Black Swan is probably the single best thing I ever read in relation to that field. It's the first thing I tell new hires to read.

Taleb is full of himself, goes on obtuse tangents, and gets a bit redundant... but his general thesis on the fallibility of models and predictions is excellent. I read stacks of books on how to model reality and it wasn't until I got to his book that I realized the mentality I should have.

You need to walk a delicate balance between being a cynic (peepeehead) and being naive (yes man) to be an effective analyst. A good follow up reading would be Data Detective by Tim Harford.

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https://i.rdrama.net/images/17242808055637488.webp

He's so real for this honestly. Lobster cuck popping pills then scolding the libs for being fragile and shit was ridiculous

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:#marseyhesright: :#marseykingcrown:

!bookworms

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He does have some charisma, his whiny voice and the way he always seem to be on verge of tears are deeply moving :marseypopcorn:

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My favorite part, everything he says is pure nonsensical !sophistry while on the verge of tears

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everything he says is pure nonsensical sophistry while on the verge of tears

:#marseyme:

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There are cathedrals everywhere for those with eyes to see

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I've read Fooled By Randomness and The Black Swan. I liked them, I thought they had a lot of good content. The ideas he presents aren't particularly novel or groundbreaking but people in finance keep falling for the same traps he warns about so they're always relevant.

He has a lot of great anecdotes about his time working in finance. One of my favorites (I'm paraphrasing heavily because I read the book years ago) was when the higher ups at his company had a retreat or something, probably cost a lot of money, to put together the company's "five year plan." Not long after there was a market crash (definitely not accounted for in the five year plan) and all of the executives lost their jobs. He commented that the incoming executives would likely work on their own "five year plan" that also didn't account for black swan events and were doomed to suffer the same fate (after personally making a lot of money lol).

One other thing I took away from his books was the near complete worthlessness of very long term forecasts. You can make broad, general forecasts without a lot of detail and those might have some worth (The S&P500 will probably keep going up over time) but once you get into details long term (10+ year) forecasts are basically worthless (The S&P500 will be priced at $X in 25 years).

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what is bro yapping about :marseyskull:

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no cap fr

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Lol he's turning aganist tge west and sucking China's peepee :#marseyxd: :#marseylaugh:

https://undelete.pullpush.io/r/nassimtaleb/comments/1ayxpw5/is_taleb_turning_against_the_west/

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https://i.rdrama.net/images/1724273558965121.webp

the /fitlit/ duo

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The exercise got me into a naturalistic form of weightlifting, and one that accords with the evidence-based literature: work on the maximum, spend the rest of the time resting and splurging on mafia-sized steaks.

LMAO I don't think the literature supported this way of thinking for decades, if it ever did. Confirmed that Taleb just throws the term "evidence-based" to lend an air of legitimacy to whatever he believes.

Recently he's been on a kick about how genetic testing proves that the Jews are actually Khazars and Arabs are the original Levantines (but it's not a "blood and soil" argument, because shut up that's why).

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You can pick one and that's enough Taleb for a lifetime

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nate silver is king

many people are saying the same about christ, if you think about it :marseythinkorino2:

nassim is an annoying blowhard

does anyone know how his hedge fund is doing? jewish lives matter

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i was going to read black swan but he got pwned by silver on twitter so i bought on the edge instead

actually a really good book i like it a lot :marseyexcited:

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I love his drama but if he was my father-in-law I would murder him. :#marseybackstab:

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I read black swan and it was certainly interesting. Made me consider the limit we have in anticipating/predicting the future.

Not gonna pretend that I have the statistic knowledge to determine whether he, or his colleges/enemies are right about things

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more like incelto series :tayhairflip:

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