“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
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)
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.
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)
Fireside Chat: Nassim Nicholas Taleb & Naval Ravikant
YouTube link: https://www.youtube.com/watch?v=Da0aXfshlxM
October 10 to 12
Museum of Flying, Santa Monica, California
…Link to more details including registration here.