Nassim Nicholas Taleb angry with economists. The interviewer was just a journalist clueless about his ideas but he got them across anyway by ignoring her questions.
Nassim Nicholas Taleb angry with economists. The interviewer was just a journalist clueless about his ideas but he got them across anyway by ignoring her questions.
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Isolationism has proven to be a failure time and time again. Being popular is the goal of 12 year old girls, not nations.
The inevitable result of standing up against evil people is that you make enemies of them. So? It means you stand for something, it means you are not a sheep bleating for your master's care.
The entire of post WWII prosperity is a direct result of our proactive approach to security. The reactive force almost always loses. Sun Tzu knew it 2k+ years ago.
and you are clueless if you thinkt that americans have to do proactive national defense! First of all the U.S. cannot afford it financially. Second, your proactive defense has been a total failure! In what way has it helped the safety and prosperity of the U.S.? It has made the U.S. totally unpopular around the world (= less safety) and worsened the fiscal deficit dramatically. (= less prosperity)
I'm just reading the book by Taleb, Fooled by Randomness, and his points are valid. I think what he is saying is that models and forecasts are not inherently useless, but that we interpret them poorly and wrongly assess risk. Past events/data will not correctly predict the future. Taleb expresses this well in his book, but I have to agree that on this show he did not convey his message in layman terms, and not very structured.
Ron Paul thinks the attack on the US by terrorists is justified. He's brilliant on domestic and fiscal affairs, but an absolute dolt (possibly worse than Obamao) on international relations.
He does NOT say that terrorist attacks are justified! but are not happening without a reason. If you get attacked in your country makes you angry (afghanistan or wherever). This anger combined with no education and poverty can make you do foolish things. He doesn't say the reason makes the attacks acceptable. But he does not see the situation getting better by being involved in wars that the U.S. cannot afford anyway!
Re: Christmas panty bomber... a rich little shit from NIGERIA.
He's clueless on foreign affairs. He's also clueless if he thinks we occupy anything. Iraq is over and we are leaving in droves. Sorry to all my Libertarian friends who are my budgetary and sovereignty brethren, but isolationism is ignorance.
I'd be a Libertarian if Libertarians had spines. Strong and proactive national DEfense is absolutely CRUCIAL to safety and prosperity.
i wonder how taleb makes/made trading decisions. if you do not accept any model or forecast that can give you at least a hint of what could be happening in the future then how do you make management decisions? he himself wakes up every day thinking he doesnt understand the world. i personally like taleb, but i dont understand this point.
@citaro06 I understand this, I got some experience in trading.I don't trust in Models.Trade with news about the market and your feeling about the trade.This will let you win!!
you know what, like Warren Buffet says, its better to be approximately right than precisely wrong.
The world is complicated. but there are basic components and mechanics to this chaos. We have to stop focusing on the complex results, we have to look at the big picture, core problems that create crisis.
Taleb is angry because he feels angry at people around him failing to admit the huge impacts of human fallibility. if the pilot doesn't know what he's doing, i'd be pretty scared too.
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The inevitable result of standing up against evil people is that you make enemies of them. So? It means you stand for something, it means you are not a sheep bleating for your master's care.
The entire of post WWII prosperity is a direct result of our proactive approach to security. The reactive force almost always loses. Sun Tzu knew it 2k+ years ago.
very smart!
Re: Christmas panty bomber... a rich little shit from NIGERIA.
He's clueless on foreign affairs. He's also clueless if he thinks we occupy anything. Iraq is over and we are leaving in droves. Sorry to all my Libertarian friends who are my budgetary and sovereignty brethren, but isolationism is ignorance.
I'd be a Libertarian if Libertarians had spines. Strong and proactive national DEfense is absolutely CRUCIAL to safety and prosperity.
The world is complicated. but there are basic components and mechanics to this chaos. We have to stop focusing on the complex results, we have to look at the big picture, core problems that create crisis.
Taleb is angry because he feels angry at people around him failing to admit the huge impacts of human fallibility. if the pilot doesn't know what he's doing, i'd be pretty scared too.