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Science and mathematics may never fully capture the physical universe.

Are there hard limits to human intelligence?

Here are ten questions to ask via David H. Wolpert from #SanteFeInstitute in @aeonmag
aeon.co/essays/ten-que…
1. On some ill-defined objective scale, are we smart or are we stupid?

2. Why does there appear to be a major chasm between the cognitive capabilities of our hominin ancestors and the cognitive capabilities of modern scientists, artists and philosophers?
3. Even aided by our extended minds, can we ever create entirely new forms of science and mathematics that could access aspects of physical reality beyond our conception, or are we forever limited to merely developing the forms we already have?
Read 12 tweets
1/ The new Howard Marks memo contains this reference: mastersinvest.com/newblog/2020/1…

"Applying the mental model of ‘mean reversion’ for a ‘fade-defying’ business model will lead to an erroneous conclusion. If the mental models are wrong, the spreadsheet model will be wrong. Period."
2/ "The onslaught of startups with readily available capital and minimal barriers to scaling means that the durability of legacy businesses has never been more vulnerable or uncertain.' Howard Marks in today's memo.

"Fight the Fade." #SanteFeInstitute

mastersinvest.com/newblog/2020/1…
3/ “Competitive advantage period (CAP) is how long returns above the cost of capital will be earned. CAP is similar in concept to 'fade rate.'”

Michael Mauboussin, Chair of the Santa Fe Institute's Board of Trustees people.stern.nyu.edu/adamodar/pdfil…
Read 6 tweets

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