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Nassim Nicholas Taleb @nntaleb
, 3 tweets, 1 min read Read on Twitter
Added The Elephant in the room: psychologists trumpet IQ but there is NO correlation between IQ & wealth. For large n, luck washes out. Wealth is the ONLY hard metric, and the only one that is not circular (performance on jobs that resemble IQ tests).

medium.com/incerto/iq-is-…
IQ may correlate (noisily) to Income because of the circularity/employee effect. But it does not correlate to wealth.

What's in a name? "I" should be removed. PsycholobSers have the wrong definition of IQ.
Even when there is correlation between IQ and performance, it is SWAMPED by noise.
Is it me or that psychologists have NO notion of noise?
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