Taleb's New Skin In The Game Paper

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Ego
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Re: Taleb's New Skin In The Game Paper

Post by Ego »

secretwealth wrote:Taleb hardly invented barbell portfolios!
Are you trying to make us feel dumb with comments like this? I didn't know about the barbell portfolio until I read Taleb.

How old is the concept of hormesis? A few thousand years?

The fact that a devout, mildly autistic, narcissist was able to provoke my interest in the concept is more important than its age or whether he was the first to say it.
Last edited by Ego on Sat Aug 10, 2013 4:01 pm, edited 1 time in total.

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jennypenny
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Re: Taleb's New Skin In The Game Paper

Post by jennypenny »

secretwealth wrote:Taleb hardly invented barbell portfolios!
No, but just telling me this is a good strategy never convinced me. Taleb showed me--in great detail--why it was a good strategy for me.

He also talks about a lot of subjects within the context of [what he now calls] anti-fragility, which obviously appeals to the ERE set. I guess that would be a 'yes' to your question about confirmation bias.

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Re: Taleb's New Skin In The Game Paper

Post by jacob »

The "This recipe contains nothing new"-comment/review is the bane of the generalist.

I've received it a few times myself and I can only interpret it in two or three ways:

Either
1) The commenter is much smarter than the writer/other reviewers. In which case, please, tell me where this information can be found already in a way that renders this newest publication superfluous.
Or
2) The commenter hasn't seen deep enough, mistaking the ingredients for the recipe/how they're put together. That's like saying that a new recipe for bread doesn't contain anything new because it still uses flour, milk/water, and yeast.
Alternatively
3) It's code for "yeah, so I didn't make it past the introduction that summarized the historic background but I feel I must comment anyway".

workathome
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Re: Taleb's New Skin In The Game Paper

Post by workathome »

For trolling Chad:

Image

secretwealth
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Re: Taleb's New Skin In The Game Paper

Post by secretwealth »

That guy really needs an editor. Even his tweets are verbose. A 5-second edit:

"Atheists are modern fundamentalists: they take religion too literally."

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Ego
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Re: Taleb's New Skin In The Game Paper

Post by Ego »

workathome wrote: Image
That makes it sound like he doesn't literally believe. It sounds like something an agnostic might say.

secretwealth
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Re: Taleb's New Skin In The Game Paper

Post by secretwealth »

You can believe without believing literally; the Catholic church interprets much of the Bible as being allegorical.

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Ego
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Re: Taleb's New Skin In The Game Paper

Post by Ego »

secretwealth wrote:You can believe without believing literally; the Catholic church interprets much of the Bible as being allegorical.
As an author he should see that his divine book undermines its stated intention, "That ye might believe," by requiring the imperfect reader to know when to parse the literal from the allegory, then requiring additional parsing with new scientific discoveries.

For someone who fancies himself a philosopher this need to constantly shift facts to the fiction folder should test his credulity. The only way around it is to accept the premise, "theirs not to reason why," which is the cardinal sin of philosophy.

Chad
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Re: Taleb's New Skin In The Game Paper

Post by Chad »

workathome wrote:For trolling Chad:

Image

You know what. I've been holding my tongue. I'm not impressed when a super religious guy, who seriously lacks critical thinking, critisizing atheists. Especially, when that guy is from the most ultra crazy religious place one the planet (Middle East), which has declined for centuries since they became ultra-religious.

Believers are those that can't stand reality and need an imaginary friend to support them in day to day activities, because they don't have the confidence in themselves without some magic imaginary being supporting them.

Trolling WAH? I have been measured and supportive of Taleb in issues that seemed worthwhile. Some of my comments about him are very supportive and some aren't. I haven't directly challenged religion or those that supported religion. I have only even been a little critical of Taleb for his religious beliefs, which was far far far from the fourth page of this discussion. My criticism of his "ancient" love is not a cirticism of religion.

Just because you can't prove what you believe, which is about the only serious religious comment I have made in days on this site, doesn't mean you have to pretend I'm taking unsubstantiated pot shots at religion or you. You want a religious conversation? Start a new thread and let's have at it. I have been thinking about religion for over 20 years. I have thought about every possible area of belief. Is it possible there is a god? Yes. But, the possibility of it being the Christian god is about the possibility of me winning the $400M Powerball this week. And, I didn't even play.

Don't hide. Come out.

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Ego
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Re: Taleb's New Skin In The Game Paper

Post by Ego »

PS. Something seemed wrong with that tweet. I just realized that that is not Taleb's twitter account. I've been following him for a while. He goes by @nntaleb with the name Nassim N. Taleb.

workathome
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Re: Taleb's New Skin In The Game Paper

Post by workathome »

Ego wrote:PS. Something seemed wrong with that tweet. I just realized that that is not Taleb's twitter account. I've been following him for a while. He goes by @nntaleb with the name Nassim N. Taleb.
Facebook

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Ego
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Re: Taleb's New Skin In The Game Paper

Post by Ego »

Ah. Thank you.

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Re: Taleb's New Skin In The Game Paper

Post by Felix »

jacob wrote: I can't give you any examples/citations, but it's my understanding that religion in the medieval ages was to people's framework what consumerism and government (nation states) generally is to people today.
I think questions regarding purity and virtue which used to be filled with religious content have been replaced with nutritional content. It used to be important if you are part of the judean people's front or part of the people's front of judea and it's been replaced with the equally important issue of whether you are a low fat whole food low glycemic vegan or a high protein low carb gluten free locavore. Same moral circuitry in the brain, but now it's individualistic with a strong oral fixation rather than a normative/social issue in terms of content. Could be regression. (?)

I don't really see the value of discussing religion or "religious thinking" as limited to religious content. The potential irrationality is today equally strong or stronger in different contexts.

Taleb is an aggregator of old ideas and describing how they apply in a modern framework. Useful to those unfamiliar with these ideas or their application in that context. He does it in a verbose and narcissistic fashion that can be highly annoying to some people (myself included). I would guess that the problem is not that he is religious as such, but that he is a pompous ass about it. But he is just as much a pompous ass about losing some weight on his low-carb diet. Personally, it's the pompous ass part that annoys me about the guy. The content, while unoriginal as such, would be an interesting enough perspective if it weren't for the presentation style.

I guess one problem is that he tries to link everything into this one single framework of everything, an approach which can easily suffer from overgeneralisation. If you try to integrate everything in your head, you may become, well, dense. What you gain in internal consistency, you can lose in open-mindedness and ability to integrate new and conflicting information as you set yourself up for an overload of cogitive dissonance when encountering something new.

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Ego
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Re: Taleb's New Skin In The Game Paper

Post by Ego »

Felix wrote:I think questions regarding purity and virtue which used to be filled with religious content have been replaced with nutritional content. It used to be important if you are part of the judean people's front or part of the people's front of judea and it's been replaced with the equally important issue of whether you are a low fat whole food low glycemic vegan or a high protein low carb gluten free locavore. Same moral circuitry in the brain, but now it's individualistic with a strong oral fixation rather than a normative/social issue in terms of content. Could be regression. (?)
My head exploded.

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Re: Taleb's New Skin In The Game Paper

Post by Chad »

Well said Felix.

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Re: Taleb's New Skin In The Game Paper

Post by jacob »

@Felix -

I recently re-read Scott Nearing's The Good Life/Continuing The Good Life in which he (and occasionally Helen) describes their homestead in Vermont (later Maine). It started in 1920ish and ran for decades. He was a socialist/communist/collectivist die-hard. Once bought war bonds to support a country (forget which) and seeing them soar after the war resulting in a huge profit, he burned them. Also sold produce from their homestead pretty much at cost and tried to install a "I help you for one hour and you help me for one hour" instead of going by market wages.
Lots of praise for how they did it in the Soviet Union (he died in 1986 at age 100 as far as I remember), [unsuccessfully] trying to reform his individualistic New England community. Their homestead had ~thousand visitors/guests a year.

Which brings me to my point. Towards the end of the book, he lamented that young people these days, and I paraphrase, "have difficulty committing to anything but a diet and a couple of yoga exercises." I suspect that chapter/sentence was written sometime in the early 1980s/late 1970s.

PS: As for presentation/literary style, I think it's just a matter of taste. I don't like the typical editing of a modern non-fiction book "Preface: There I was about to die ... Chapter 1: I had this problem, so I set out to find a solution. Chapter 2-7: I interviewed these successful people and slowly found the truth. Final Chapter: My one year experiment is over and here is what I learned, namely that balance is important, blah blah"... which can pretty much be whittled down to one page of information. Taleb likes his style of an intellectual tour de force. If you prefer the technical/pertinent info, he does write technical papers which are only a few pages long (see ssrn.org) describing the same ideas without the references to books I've never read.

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Re: Taleb's New Skin In The Game Paper

Post by Felix »

That's interesting. I have Nearing's book, but have set it aside as a guide on gardening. There seems to be a lot of social commentary in there, though. Maybe I should get around to reading it after all.

I agree that the presentation style is a matter of taste. Thanks for the reference to the papers. Maybe they are easier to digest for me. :-)

Chad
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Re: Taleb's New Skin In The Game Paper

Post by Chad »

I follow Taleb on Twitter and came across this the other day:

Nov 17 at 11:28 PM
Nassim N. Taleb (@nntaleb)
11/17/13, 7:23 PM
Libertarianism has good people, but is partly the last refuge of the psychopath: people principally devoid of humanism & humane instincts.


I found it interesting.

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Ego
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Re: Taleb's New Skin In The Game Paper

Post by Ego »

Hah! He followed it up a few days later with one that hit home with me....

Nassim N. Taleb ‏@nntaleb 20 Nov
You want to have the heart of an altruist and the brain of a libertarian, rather than the other way around.

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Re: Taleb's New Skin In The Game Paper

Post by Seneca »

Ego wrote:Hah! He followed it up a few days later with one that hit home with me....

Nassim N. Taleb ‏@nntaleb 20 Nov
You want to have the heart of an altruist and the brain of a libertarian, rather than the other way around.
But, isn't that obvious? :mrgreen:

I certainly agree with where he's going here...which is part of why I only call myself a libertarian as a matter of convenience. It's easier than saying, "Fiscal conservative, social liberal, with more caveats to follow" to someone looking for a label, and certainly more descriptive of my politics than "Republican", "Democrat" or "independent".

(Edit- thanks for bumping this one, missed it while our baby was being born and it had some interesting commentary!)

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