Biggest black-pill of them all:
The Normal probability distribution is a bullshit psyop amd most of what has been built off it is wrong and nobody will ever really know what’s wrong or not
Our overlords are exploiting our distorted sense of risk against us.
The only silver lining is that they don’t really know that the distribution doesn’t work and still stabs the selves with that sword.
You're saying that statistical math is bullshit?
No. But the agreement towards the Normal is bullshit. I’d argue it is the confirmation bias of the elegance of being able to add normal random variables - but we know that almost every random risk system has fatter tails than Normal so their risk is essentially underestimated.
Statistics can be, and is often, abused. But there's no doubt that the normal distribution is a frequently occurring pattern in nature. Just an aside, but you may enjoy "The Lady Tasting Tea." Excellent book. Another book I enjoyed on the topic of the use of statistics in financial modelling is "Against the Gods: The Remarkable Story of Risk"
The first 3 orders are frequently seen on the wild but the 4th order will ruin your financial system.
If you don’t see it, you get robbed in sats you can’t understand.
Apparently my very mild reply to your post about the normal probability distribution being a "bullshit psyop" where I recommended a couple of books that I enjoyed on the development of statistics and use in finance has me branded as a "reply guy". Dialogue not encouraged on Nostr, message received.
Sry - I don’t see what you’re saying. It’s gonna take me a while before I can look at these books . I just answered your question or at least put a fine point on it
Yeah, my mistake. Both of my replies were caught by a "Reply Guy" bot. I thought I was added to a list for being a "reply guy", similar to a twitter list. Did some searching on here and seems there's a bot running amok.
Nostr has some weird shit going on.
