🔁 Nassim Nicholas Taleb Retweeted:
Mike Lawler @mikeandallie

Adding to the prior retweet to say that Nassim's 2019 paper linked below plus the recent work of @ole_b_peters and @alex_adamou on ergodicity economics have been hugely influential to me not just in thinking about option pricing, but thinking about long-dated risk generally. twitter.com/nntaleb/status/124 … twitter.com/nntaleb/status/124

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You did not need recent events to get that the mean-variance based methods, along with RISK PARITY used in finance (by many funds) are a fraud. I explained the details in

See paper how we (my friends & I) price options under power laws.
academia.edu/39149471/Option_P … twitter.com/nntaleb/status/124

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🔁 Nassim Nicholas Taleb Retweeted:
GMWatch @GMWatch

Powerful condemnation of the UK govt's failure to follow the over — by UEA professor @RupertRead, who together with
@nntaleb @yaneerbaryam @normonics & others, has for months repeatedly been demanding precautionary action to save lives. twitter.com/RupertRead/status/ … twitter.com/nntaleb/status/124

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3)Other fallacy is by the *tradeoff idiots* who don't get:
a) even if governments did nothing, airplanes & restaurants would be bust by now as # pple are doing bottom-up quarantines
b)hospitals would be overwhelmed
c)millions of young sick (many w/permanent damage)
d)+uncertainty twitter.com/nntaleb/status/124

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2) I meant don't treat your parents the way you don't want *your children* to treat you!

Actually the "triage" (sacrificing the old) is a new European thing introduced in Italy; Roman society worshiped & protected the elders. Same with Eastern societies. (Senatus=Sheikh=elder). twitter.com/nntaleb/status/124

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Aside from the pathetic modeling behind the "herd immunity": it is morally repulsive.

Civilization RESIDES in the enforcement of intergenerational golden (actuallly, silver rules): don't treat your parents the way you don't want them to treat you!

From twitter.com/nntaleb/status/124

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🔁 Nassim Nicholas Taleb Retweeted:
Spencer Wells @spwells

Spread of the Olive Tree in the Mediterranean Basin ⁦@PZalloua⁩ ⁦@nntaleb⁩ vividmaps.com/olive-tree-in-th … twitter.com/nntaleb/status/124

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Flooded by journo/TV/podcts to talk abt
My business is research/writing, not conversing w/ bullshitters; they shd read my books... & tweets!

Harari has a staff of 12 handling stuff.

Me: staff of 0, but email robot deletes interview requests not from friends.

Gabish? twitter.com/nntaleb/status/124

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🔁 Nassim Nicholas Taleb Retweeted:
Nassim Nicholas Taleb @nntaleb

The argument by the @WHO imbeciles & journo fellow travelers that masks "can give a false sense of security" is interesting. Let's apply it to:
+seat belts
+airbags
+helmets
+door locks
+condoms
+circuit breakers
+parachutes
+bulletproof vests
+fire alarms
+scholomorochs ... twitter.com/nntaleb/status/124

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🔁 Nassim Nicholas Taleb Retweeted:
Nassim Nicholas Taleb's Wisdom @TalebWisdom

"The most important aspect of fasting is that you feel deep undirected gratitude when you break the fast." - @nntaleb twitter.com/nntaleb/status/124

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Idiots! Scientism kills pple's innate reasoning abilities & survival instinct

You don't wear a mask jus because you have evidence that transmission is airborne. You wear a mask because YOU DON'T KNOW whether transmission is airborne.

. theatlantic.com/health/archive … twitter.com/nntaleb/status/124

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