Background : “IQ” is a stale test meant to measure mental capacity but in fact mostly measures extreme unintelligence (learning difficulties), as well as, to a lesser extent, a form of intelligence, stripped of 2nd order effects. It is via negativa not via positiva. It is meant to select exam-takers, paper shufflers, obedient IYIs (intellectuals yet idiots), ill adapted for “real life”.
“IQ” measures an inferior form of intelligence, stripped of 2nd order effects, meant to select paper shufflers, obedient IYIs. 1- When someone asks you a question in REAL LIFE, you focus first on “WHY is he asking me that?”, which slows down. (Fat Tony vs Dr John)
Link to Thread: https://twitter.com/nntaleb/status/1076845397795065856
Live from RiskMinds International, Nassim Nicholas Taleb, Trader and Scholar & Risk Engineer at NYU-Tandon School, shares his thoughts on our understanding of risk, the human factor, and what our grandmothers got right.
American essayist, scholar and former trader Nassim Nicholas Taleb, whose work focuses on problems of randomness, probability, and uncertainty, discusses his latest book “Skin in the Game”.
Nassim explores the notion that ‘skin in the game’ is necessary for fairness, commercial efficiency, and risk management, and key to making sense of the world at large.
Get the book here: https://amzn.to/2Tg0Fy1
— Erik Schatzker (@ErikSchatzker) October 31, 2018
Nassim Nicholas Taleb, scientific advisor at Universa Investments, discusses the factors causing global fragility, hidden liabilities in global markets, and what he sees as safe trades in the current market. He speaks with Bloomberg’s Erik Schatzker on “Bloomberg Markets.” (Source: Bloomberg)
— Yemi Adesanya (@toyosilagos) October 22, 2018
Nassim cites Gabriel Mathy’s paper, Trade, Exchange Rate Regimes and Output Co-Movement: Evidence from the Great Depression to prove a point on why economists and academics don’t really understand Fat Tails.
King Kong on Broadway?
I have to improvise! pic.twitter.com/TxWDcDZWuC
— Nassim Nicholas Taleb (@nntaleb) October 16, 2018
Essayist and former trader Nassim Taleb explores the notion that “Skin in the Game” is necessary for fairness, commercial efficiency, and risk management, and key to making sense of the world at large.
Tuesday, 16th of October 1pm-2pm
Goblin King (NYC-8510-3D)
— Naval (@naval) September 25, 2018
October 10 to 12
Museum of Flying, Santa Monica, California
…Link to more details including registration here.