Tag: YouTube

Nassim on CNBC Squawk Box: Crypto is a cult coupled with a financial instrument

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As a scientific advisor for Universa Investments and author of ‘The Black Swan’, Nassim Taleb recently appeared on ‘Squawk Box’ to discuss the current state of the markets and economy. During the interview, he expressed his concerns about a potential bubble looming in the near future. Additionally, he shared his thoughts on the impact of cryptocurrency on the economy. Overall, Taleb provided valuable insights into the current economic landscape and potential risks that investors should be aware of.

Full Interview Link: Available to CNBC Pro Subscribers – Watch CNBC’s full interview with ‘The Black Swan’ author Nassim Taleb

[Bloomberg Podcasts] Nassim Taleb on What Bitcoiners, Anti-Vaxxers, and Deadlift Maxis All Get Wrong

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In this Bloomberg Odd Lots podcast episode, hosts Joe Weisenthal and Tracy Alloway have a wide-ranging conversation with Nassim Taleb, well-known author of Antifragile, The Black Swan, and Fooled by Randomness. Taleb has been engaging in public debates on Twitter with various communities such as Bitcoiners, anti-vaxxers, venture capitalists, and deadlifters. The discussion covers topics such as Taleb’s clash with these communities and what they’re getting wrong about his ideas, as well as his newfound passion for cycling and how to reduce tail risk in one’s own life. Join us for this engaging conversation on finance, economics, and markets.

[YouTube] MINI LECTURE 15 – Conditional vs. unconditional correlation: twin studies overestimate heredity

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The genetics of twin studies have a bias showing more heredity than in reality, owing to a statistical artifact. The twin studies for heredity are based on comparing the correlation between 2 identical twins minus that between 2 fraternal ones (assumed to be sharing half their genes). The use of fraternal twins as control is assumed to extract the “environmental” factors. Problem: Correlation is conditional and psychologists think it is unconditional. We show how the math is entirely different. The core error is that genes and environment are not separable and additive.

[YouTube] Black Swan Author Taleb on Markets, Interest Rates, Bubbles, Investing

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Universa Investments Senior Scientific Advisor Nassim Taleb says the stock market is way too overvalued given current interest rates, and the road back to normal will be “very painful for some.” Taleb spoke exclusively to Bloomberg’s Sonali Basak at an investor day in Miami on Thursday. Earlier, Universa Investments told clients that ballooning debts across the global economy are poised to wreak havoc on markets rivaling the Great Depression.

A case study in Non-replicability of a Medical paper [YouTube]

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A case study in non-replicability of a medical paper. I discuss it with Dr. Fouad Fayad from U.S.J. in Lebanon. Details are in Retraction Watch.

Apparently, the only reply to his case by the study’s lead author is of the fact-free data-free sort “he doesn’t like me” which does not appear to have a statistical explanation.

Note: Retraction Watch did a great job presenting facts, and the attempt to retaliate against Dr. Fayad. Note that the 4 expert reports were not attached. Also, note that the paper violated FDA rules (and those of the corresponding European agency).

[YouTube] Why Correlation is Unreliable

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At the 2022 Greenwich Economic Forum-Miami, Black Swan author, Nassim Nicholas Taleb explains why correlation is unreliable as a due diligence tool. Coming as it does during an ongoing pandemic and in the middle of Vladimir Putin’s invasion of Ukraine, Taleb also discusses Wars and Pandemics and puts them into their proper risk buckets.

[YouTube] Disinformation and Fooled by Randomness

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We are not naturally good at dealing with information.

Disinformation artists confuse you by focusing on noise over signal by playing on saliency, the same effect as the one discussed in Fooled by Randomness. We mistake the particular for the general, details for the ensemble, and noise for signal –all from the same mental bias.