Simplifying the problem:
When n is small, the estimation is noisy, unreliable; the bias/variance tradeoff is swamped by the estimator variance.
When n is large it does not make a difference.
nitter.moomoo.me/adad8m/status/1660696787194363906#m (https://nitter.moomoo.me/adad8m/status/1660696787194363906#m)
https://nitter.moomoo.me/nntaleb/status/1660781955896467461#m
Why I do not set foot in the UAE.
Recall the episode of the UK student writing a thesis on labor conditions in Dubai.
The UAE buys PR to drown such news.
nitter.moomoo.me/lorienttoday/status/1660644365071515649#m (https://nitter.moomoo.me/lorienttoday/status/1660644365071515649#m)
https://nitter.moomoo.me/nntaleb/status/1660690065717116942#m
A lot of people are misunderstanding my poing about ChatGPT and #AI (https://nitter.moomoo.me/search?q=%23AI) in general.
I am not saying it is useless. All I am saying is that it is no replacement for & no threat to \*real\* experts.
https://nitter.moomoo.me/nntaleb/status/1660617248506105857#m
People buy slowly, sell quickly.
https://nitter.moomoo.me/nntaleb/status/1655224027546263552#m
MODERN REVERSAL
A beautifully framed image of the barren Mediterranean, taken from a valued destination for about every modern urban person.
But historically, for Meds, the sea is something you recoiled from; its only value lies in fueling the dream of escaping to some bustling and less \*quiet\* metropolis: Alexandria, Rome, Constantinople in the past, presently New York or London.
You dreamed of something \*beyond\* the sea, perhap the exact spot where that vacationer came from.
nitter.moomoo.me/AlBlaineau/status/1655159920142974977#m (https://nitter.moomoo.me/AlBlaineau/status/1655159920142974977#m)
https://nitter.moomoo.me/nntaleb/status/1655221451396399106#m
MODERN REVERSAL
A beautifully framed image of the barren Mediterranean, taken from a valued destination for about every modern urban person.
But historically, for Meds, the sea is something you recoiled from; its only value lies in fueling the dream of escaping to some bustling and less \*quiet\* metropolis: Alexandria, Rome, Constantinople in the past, presently New York or London.
You dreamed of something \*beyond\* the sea, where that vacationer came from.
nitter.moomoo.me/AlBlaineau/status/1655159920142974977#m (https://nitter.moomoo.me/AlBlaineau/status/1655159920142974977#m)
https://nitter.moomoo.me/nntaleb/status/1655220764969238529#m
**RT @shaarsh2:**
Non-linearity and harm: better 30 car crashes at 10 mph than one crash at 300 mph
@nntaleb (https://nitter.moomoo.me/nntaleb)
nitter.moomoo.me/Rainmaker1973/status/1654909117742428160#m (https://nitter.moomoo.me/Rainmaker1973/status/1654909117742428160#m)
https://nitter.moomoo.me/shaarsh2/status/1655135704207310848#m
Cryptos are "worth" $1.5 T. But try to sell 1% to 4% of that and the value would go down by half.
https://nitter.moomoo.me/nntaleb/status/1654855325990649858#m
Muscles without strength
Status without respect
Rank without power
Prestige without influence
Form without function
Ripeness without wisdom
Pomp without authority
(The modern monarchy)
https://nitter.moomoo.me/nntaleb/status/1654847333794828289#m
Days like today make you feel republican and force you to forget the hidden benefits of a purely ceremonial, defanged, and even overtly degenerate monarchy.
For there is something ridiculous about rank without power.
https://nitter.moomoo.me/nntaleb/status/1654800050281754624#m
Days like today make you feel republican and force you to forget the hidden benefits of a purely ceremonial, defanged, and even overtly degenerate monarchy.
https://nitter.moomoo.me/nntaleb/status/1654799663340429314#m
**RT @TechAtBloomberg:**
Don't miss this month's @Bloomberg (https://nitter.moomoo.me/Bloomberg)'s #Quant (https://nitter.moomoo.me/search?q=%23Quant) (BBQ) Seminar Series on Wed., May 24 (5:30-7 PM EDT), feat. a keynote by @nntaleb (https://nitter.moomoo.me/nntaleb) entitled "Some Practical Problems in #Probability (https://nitter.moomoo.me/search?q=%23Probability)", plus lightning talks
-\> LOCATION: 120 Park Ave
Register now: bloom.bg/44lgsAt (https://bloom.bg/44lgsAt)
#QuantFinance (https://nitter.moomoo.me/search?q=%23QuantFinance)
https://nitter.moomoo.me/TechAtBloomberg/status/1654184118895214593#m
**Response to @nntaleb:**
2) Since we started the conversation, that cyclist friend of mine is asking me to ask my Twitter cycling friends whether for his new (sating black) endurance Domane bike, PD-EH500 works better than PD-T8000.
https://nitter.moomoo.me/nntaleb/status/1653940307715653634#m
"Neuro" something has always been a great refuge fo the charlatans.
nitter.moomoo.me/hubermanlab/status/1650987958168862720#m (https://nitter.moomoo.me/hubermanlab/status/1650987958168862720#m)
https://nitter.moomoo.me/nntaleb/status/1653938178200416258#m
Inverse #SkinintheGame (https://nitter.moomoo.me/search?q=%23SkinintheGame). You get rich selling a story and transfer the downside to suckers.
Many techies were upset with the criticism of the insiders cashing out upon the "debut", w/a legal trick that allowed them to sell immediately, unlike with standard IPOs.
nitter.moomoo.me/edels0n/status/1653227721072209922#m (https://nitter.moomoo.me/edels0n/status/1653227721072209922#m)
https://nitter.moomoo.me/nntaleb/status/1653934238566055936#m