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Discover and read the best of Twitter Threads about #antifragile

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TheNewYorker disinviting Bannon means the following:

1- You have no right to present your own ideas lest they vary from those as presented by the media,

or

2- You have no right to present your own ideas lest they surprise people as less dangerous than what they expected.
And the smear with "death camp" narrative migh be actually debunked (along with the ethics of @Xeni) should one hear from Bannon expressing his own ideas.

The best thing The NewYorker did to Bannon is disinvite him. Much better than debating him as he can't lose that debate.

Information is #Antifragile.
Read 5 tweets
The real difference in politics isn't the "right" vs "left" gradation but rather "Greek" vs "Roman".

+ Greek = puts theory above practice
+ Roman= puts practice above theory

Be Roman. Now.
BTW, Byzantines were diehard Roman. Greek was just a language.
Many have the illusion that builders used Euclidean geometry. We are lucky they didn't: Euclidean geometry only entered architecture in modern times ...causing the ugly nonfractal structures we have today.

#Antifragile: how academics lie abt role of theory: they WRITE history.
Read 6 tweets
Next step: Business Schools; ban teaching by nonpractitioners.
For some reason B-School Profs (living on charities) think they are smarter (less "irrational") than real world risk takers when they are clueless about the math (ergodicity+fat tails).

Flaws by finance prof (@WGoetzmann) who think TBS is an "airport book"
About 6 y ago, a B-School prof, @teppofelin, BS vendor type, couldn't get #Antifragile & was nasty about it. He was teaching "entrepreneurship" while being on a salary. Academics don't notice these things.
Read 4 tweets
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Some notes on @nntaleb's #Antifragile: Some things benefit from shocks; they thrive and grow when exposed to volatility,randomness, disorder, and stressors and love adventure, risk, and uncertainty.. there is no word for the exact opposite of fragile. Let us call it antifragile.
This is pretty much a sense of complexity
of much interesting is that aging and chronical diseases (as diabetes) lower your complexity level in physiological time series such as heart rate (working paper)
Read 59 tweets
Attention: Lebanese: Lebanon is much greener today than it was earlier.

I looked at pictures of 1900 vs 2018. This is the Casino in 1961 vs 2018.

More house, more complaints, more trees.
Another striking picture: Amioun 1899 vs 2018. Don't have exactly the same angle but it is the same village (in 2nd picture, to the left).

Note that the church with the dome was destroyed in an earthquake in 1918; rebuilt in a different shape.
EHDEN, in the North: same valley 1836 and my picture 2016. Granted prints might be ignoring greenery.
Read 5 tweets
Small plug: Medical errors as 3rd leading cause of death comes from this paper in the Journal of patient safety journals.lww.com/journalpatient…

I believe it’s their most cited.. (1/n
John James accompanied by a number of illustrious academics sat together in Congress and testified to the veracity of this new evidence.

The number - 440,000 dying from medical errors in hospitals means more than half of folks dying in hospitals are from medical error
When I looked at the paper- It was based on four trials

1 trial was over 1 week.
1 trial didn’t report which harms were preventable
The largest trial -2341 cases reviewed - 588 harms ID’d, 9 were deemed preventable deaths.

So data says - .4%
Read 10 tweets
EDUCATION.
Distilling the conversation with @bryan_caplan hosted by @tylercowen
1) There has been a traditional separation between:
+ "liberal education" for free men, (liber), who didn't work for a living, &
+"technical education", for those who labor.
2) For instance, mathematics as taught for "liberal" education, was theoretical mind exercise. Euclid's theorem was never used in building.

Meanwhile builders (parts of guilds with trade secrets) were using their own heuristic, richer, geometry. (see #Antifragile)
3) The Anglo-Saxon world conflated the two, with aristocrat-envy:

+ Education to be civilized. (Literature, philosophy, poetry, abstract math, history, stamp collecting, etc.)

+ Education to learn to do things. (Engineering, medicine, accounting, law, belly dancing, plumbing)
Read 11 tweets
1) This is a grrrrreat case study by Maestro Bogomolny @CutTheKnotMath showing OPTIONALITY matters more than skills: You can have >53% chance of winning when odds are against you is you have the option of switching between 2 (strategies, both of which have odds against you).
2) Here is my solution, will generalize showing results across all regimes.

Convexity (optionality) beats skills. Any time.

#Antifragile
@CutTheKnotMath
3) The general principle #Antifragile is that when the payoff is bigger or you have your back to the wall you go for maximum variance (convexity).
When the downside is bigger you go for minimum variance.

Why explains why winning teams mark time and losing teams take risks.
Read 5 tweets
A thread on things I took/learnt from @RayDalio's book "Principles" (~150 things)
1- Line 2 of book - “I’m a ‘dumb shit’ who doesn’t know much relative to what I need to know. Whatever success ive had in life has had more to do with my knowing how to deal with my not knowing anything I know”
2- “The most important thing I learned is an approach to life based on principles that help me find out whats true and what to do about it”
Read 157 tweets
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