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mircea_popescu: FabianB meanwhile i'd prefer two bots. what if kako gets sick one day
mircea_popescu: dub: is that a fucking parallel port on mp's laptop? << some peeps are old skool like that dubsy. you wouldn't understand.
mircea_popescu: FabianB: mpexbot is gone? << smickles kinda disappeared sadly. would you like to run a mpexbot clone ?
mircea_popescu: benkay: there's gotta be good soil down in ars << good soil requires three to six millenia's worth of menarche spilled on it. argentina soil will get there right about year 6000
mircea_popescu: Vexual: i like to slow cook the way the flavours develop << aye.
mircea_popescu: I reached the top and had to stop and that's what bothering me
mircea_popescu: TheNewDeal: jeezus mp, there 23 footnotes in this article << I'm the king of the footnotes, the references V.I.P
mircea_popescu: benkay: i miss the cream in argentina. << dude you have no idea what cream is. go to transylvania, have some, let me know.
mircea_popescu: but no, not so rare, you can generally smell it all over the place.
mircea_popescu: depends, some ukrainian guy i know picked up a chick in the street and moved in with her. no rent.
mircea_popescu: anyway, non ac'd places seem improbable, but a few hundred a month should set you up.
mircea_popescu: then i called in the cavalry (ie, my own intel dept, english speakers that don't live there) and i was fixed up the same day.
mircea_popescu: <TheNewDeal> I realize you had some troubles identifying entities that do in fact rent :D << well yeah, about a dozen orso argentine "experts" took two days to derp about with no results.
mircea_popescu: fascinating how every.god.damned.diff.bet ends up such a waffle
mircea_popescu: ill send you a signed letter saying that your failure to show up in timisoara cost you a million dollah.
mircea_popescu: <BingoBoingo> Who here has a big IRL name twitter presence? << not anymoar.
mircea_popescu: <BingoBoingo> Halep was so close << yeah, sucks you know when you bet on a wild horse, and she does 1000 but you needed 1050
mircea_popescu: methinks you'll have to spend some time reading the previous discussion on this topic first.
mircea_popescu: teaching ignorant snots that out of the [their ideas, their shit] set, the shit element is the more valuable however is central.
mircea_popescu: odds are taleb wouldn't think much of your understanding of odds tho
mircea_popescu: mdev you're not in thething even already you're improvingit ?
mircea_popescu: uoi pensez-vous que cela soit un accident malheureux ? » L’année suivante, la commission des Grands Flandrins arriva dans la montagne. Elle recrutait des hommes forts pour devenir valets de pied de l’empereur et porter la chaise de celui-ci. Le fils du vieil homme, toujours blessé à la jambe, ne fut pas choisi.
mircea_popescu: au les voisins apparurent, pour le féliciter cette fois-ci de cette aubaine. Mais le vieil homme leur rétorqua : « Pourquoi pensez-vous que cela soit un aubaine ? » Les chevaux étant devenus très nombreux, le fils du vieil homme se prit de passion pour l’équitation, mais un beau jour il se cassa la jambe. Alors, encore une fois, les voisins vinrent présenter leurs condoléances et à nouveau le vieil homme leur rétorqua :
mircea_popescu: Un vieil homme du nom de Chunglang, qui signifie « Maître des rochers », possédait un petit lopin de terre dans les montagnes. Un jour, il perdit l’un de ses chevaux. Des voisins vinrent alors lui exprimer leurs condoléances pour ce malheur. Mais le vieil homme leur demanda : « Pourquoi pensez-vous que cela soit un malheur ? » Et voilà que quelques jours plus tard l’animal revint, suivi d’une horde de chevaux sauvages. À
mircea_popescu: "So I hold that giving someone a bad risk measure was just as CRIMINAL as giving someone the wrong medicine. For a long time nobody sanctioned doctors who poisoned their patients. Why don’t we take on the proponents of quantitative risk management, put them in jail so they stop harming us?"
mircea_popescu: or, "why forum rating agencies are stupid and people will fucking hang for it"
mircea_popescu: ately, but lead people to TAKE MORE RISK foolishly thinking they know something. [This is the reason I singled out Fannie Mae in The Black Swan as a firm sitting on dynamite & the International Association of Financial Engineers as a society of snake oil vendors harmful to society]. After > 1 trillion in losses I can safely say that my statement that the banking system has been taking more risks than they thought SHOULD
mircea_popescu: "Having a risk number is not trivial. It does lead you to do foolish things, even if you knew that the measure was wrong. If I can show that, many people [who offered quantitative risk measures in finance] will have to be held accountable –& I can show that! One of Fannie Mae director’s, a quack & proponent of “Modern Finance” charlatanism, kept promoting “scientific” risk measurement methodologies that do not measure ri
mircea_popescu: "So, by tinkering, I figured out that I fare best under the following conditions: no breakfast, working out randomly (but in a lumpy way: long walks & intense weight lifting without a scheduled time limit), "working" randomly, fasting when working out, avoiding modern carbs (and modernized fruits), avoiding contact with economists and finance idiots, taking red eye flights & fasting during episodes of jet lag and similar
mircea_popescu: "We prohibit under anathema that murderous art of crossbowmen and archers, which is hateful to God"
mircea_popescu: "Finally, beyond the current mess, I see no way out of this ecological problem, except through that tacit, unexplainable, seasoned, thoughtful, and aged thing crystalized by traditions & religions --we can't live without charts and we need to rely on the ones we've used for millennia. Le 21e siecle sera religieux, ou ne sera pas!" << someone needs to shout bitcoin at him in such a way that he understands wtf we do here.
mircea_popescu: ill eventually be destroyed by the machinery of arrogant, formal-thinking civil servants, and Ivy-league semi-retards."
mircea_popescu: "So let me take this into more interesting territory, and express my anti-social-planner views. Even more that in Hayek's days, the ecology of the real world is becoming too complex for Aristotelian logic: very, very little of what we do can be safely formalized, meaning asymmetries matter more than ever. Which puts the Western World today at the most dangerous point in its history: unless we get the Bernanke-Summers cro
mircea_popescu: this guy is like me, except older and givingmore of a shit.
mircea_popescu: kes "doing science" lose their tenures after the endowments (and charity) run out of funds, they will be barely fit to do anything in the real-life ecology. I wonder what you can do with an unemployed, say, academic orthodox economist. You could do better with non-post-academic cab drivers. Clearly those the most fit at dealing with "just evidence" will be idiot savants outside their evidence domain."
mircea_popescu: "I leave aside the confusion absence of evidence/evidence of absence--and the misunderstanding of the very notion of "empiricism". It is a fact that in the real world of our daily decision-making 1) we do not have much evidence of most relevant things, yet we need to take action; 2) in most situations, "true/false" is never symmetric (one side is more harmful than the other), so the burden of evidence is one-sided. Which
mircea_popescu: someonewaslooking forsomething but i forgot who. fluffy maybe ?
mircea_popescu: that's not how you get to be rich. rich people are hated, because they are supposed to be hated. No one has ever gotten elitist rich by following the rules or being nice.
mircea_popescu: . Just fucks me off when I see super rich fucks chuck their money around like confetti. Fiat or bitcoin. ( and yes bit of jealousy, but if I was that rich I would share the wealth in a more meaningful way)
mircea_popescu: could be the net worth graph of pretty much any forum investment