318200+ entries in 0.068s
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
mircea_popescu: well i'm sure that multiple passionate, disparate, interested curators will work too :)
mircea_popescu: ;;later tell mike_c let me know once you approve my comment so i know it hasn't just been swallowed up by the machine and can erase the pasted version i've saved just in case.
mircea_popescu: and if you're notwilling to compromise some words will be book length
mircea_popescu: so i bet you if you do all the fluff your summaries will exceed the space of the log, prolly 3x
mircea_popescu: <fluffypony> random fluff is the best << except the mp theorem is that "bitcoin-assets is the shortest packing possible of all the information it contains".
mircea_popescu: yeah. platform threw me, but srsly, yu just want to make a blog.
mircea_popescu: thinking about it, you basically want him to run a blog
mircea_popescu: iirc i said something then but i don't recall what or how itwent
mircea_popescu: cause you know, everyone's gonna make one, cause there's nothing easier in the world, exactly the sort of busywork unemplyed webcoders love, and then they'll compete and then before you know it you won't be able to be friends anymore.
mircea_popescu: definitely, but then making a myriad platforms is anti convenience
mircea_popescu: fluffypony well, original content is generally one thing, derivative content is generally iffy.
mircea_popescu: you'd think he caught me while i was doing his mom or something
mircea_popescu: fluffypony which is why i said, trilema and ba summaries aren't really thesame thing
mircea_popescu: davout i happen to have this comfortable situation where if someone pisses me off i can actually bury them in legal paper.
mircea_popescu: i mean, merely the monetization issue is not in fact a good answer to "why make moar platforms"
mircea_popescu: moreover, wouldn't it perhaps be more productive to come up with some sort of way of monetizing the wiki if that's the point ?
mircea_popescu: Apocalyptic no but i mean... so someone buys it and publishes it on his site. now what.
mircea_popescu: fluffypony so you seriously expect to monetize PUBLISHED summaries of assets ?
mircea_popescu: the very concept of "platform" is predicatred onm there not being many of them. imagine if there's 500 platforms, the whole thing looks about as flat as chinatown
mircea_popescu: imo the fewer platforms the better, as a general philosophy.
mircea_popescu: but yes, schopenhauer is under rated because "romantic"
mircea_popescu: davout well what, they should wear platforms like decent sluts.
mircea_popescu: also run over chicks in open toe sandals, but hey. no pain no gain.
mircea_popescu: one of the best things about open space style office and these chairs on rollers they do nowadays
mircea_popescu: BingoBoingo don't sel them short, feminists accomplished some spectacular blowjobs this year.