Muscles without strength
Status without respect
Rank without power
Prestige without influence
Form without function
Ripeness without wisdom
Pomp without authority

(The modern monarchy)

⁣

Days like today make you feel republican and force you to forget the hidden benefits of a purely ceremonial, defanged, and even overtly degenerate monarchy.

For there is something ridiculous about rank without power. https://twitter.com/i/web/status/1654800050281754624

⁣

⁣

Roma

RT @TechAtBloomberg
Don't miss this month's @Bloomberg's #Quant (BBQ) Seminar Series on Wed., May 24 (5:30-7 PM EDT), feat. a keynote by @nntaleb entitled "Some Practical Problems in #Probability", plus lightning talks
-> LOCATION: 120 Park Ave
Register now: https://bloom.bg/44lgsAt
#QuantFinance

2) Since we started the conversation, that cyclist friend of mine is asking me to ask my Twitter cycling friends whether for his new (sating black) endurance Domane bike, PD-EH500 works better than PD-T8000.

"Neuro" something has always been a great refuge fo the charlatans.
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RT @hubermanlab
@lexfridman You are the one to do it Lex. I think they should each get a pop quiz, a psychological assessment, and a cognitive assessment. Include a personality test while you’re at it. The voters deserve data. USADA can test too.
https://twitter.com/hubermanlab/status/1650987958168862720

Inverse #SkinintheGame. You get rich selling a story and transfer the downside to suckers.

Many techies were upset with the criticism of the insiders cashing out upon the "debut", w/a legal trick that allowed them to sell immediately, unlike with standard IPOs.
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RT @edels0n
One of the greatest robberies of the decade.

https://www.semafor.com/article/05/01/2023/shareholder-lawsuit-says-coinbase-execs-vcs-saved-1-billion-by-selling-befo…
https://twitter.com/edels0n/status/1653227721072209922

4,000 km in 9 months, mostly in hilly terrain (total climb 34K meters); increasing volume and speed v. progressively. The best way to enforce compliance is to be irrationally obsessed w/equipment. Speed is what makes it fun.
Checking mileage like others check their portfolio.
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RT @nntaleb
Gravel.
https://twitter.com/nntaleb/status/1652438978560249856

FRAUD ALERT
The electronic copy of Statistical Consequences of Fat Tails is supposed to be free; it is posted on Arxiv. Someone impersonating me uploaded it on @AmazonKindle and is collected royalties.
Do not buy it. It is free.
@amazon, please make it easier to report such… https://twitter.com/i/web/status/1653879385034719238

He never met @saifedean
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RT @SaadMaan15
Uriah Heep.

Probably the most detestable villain I encountered so far
https://twitter.com/SaadMaan15/status/1653798132256260096

Over the past 4 decades, I thought I'd seen every possible *ex post* spin by investors & traders who lost money. This is about the perfect zero-imagination excuse.
Indeed, Bitcoin is a product designed by toddlers for use by children.
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RT @balajis
I JUST BURNED A MILLION TO TELL YOU THEY'RE PRINTING TRILLIONS

The million dollar bet is now closed out by mutual agreement. I made $1M+ in provable on-chain donations, which you can verify b…
https://twitter.com/balajis/status/1653451860488130565

This tweet gives you more information about Huberman that it does about Lex Fridman.
#WittgensteinsRuler
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RT @hubermanlab
- @lexfridman is uniquely qualified to do this in a way that truly serves the world. His ability to host people from across a wide range of stances & to press important issues, and get to truth, is remarkable. Red ties, blue ties, black ties… I would love to see this happen. https://twitter.com/i/web/status/16509…
https://twitter.com/hubermanlab/status/1650987376498601985

Fraud alert: impersonator @nakathaleb mimics my feed then try to scam financially naive people.

During the last wave of reporting to Twitter, he closed his account; so was under the radar.

3) For those not into statistics:
The correlation with a sum is not a sum of correlations.
(Obviously because the total correlation of Y with a sum of Xi cannot exceed 1).
@cremieuxrecueil is quite suspicious since it came 1 m ago & is supported by every Eugenist, including that… https://twitter.com/i/web/status/1653522289013542915

If your enemy's personal details don't interest you, he or she is not an enemy.

A 5% discount rate melts fake assets like lower grade Russian butter under the Saudi Arabian (summer) sun.
You can no longer rely on funding rounds to pay for your office cafeteria blue fin tuna sushi.

h/t @trishankkarthik https://twitter.com/i/web/status/1653129352026923011

And time value of money.
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RT @felixsalmon
For anybody taking "second largest US bank failure" at face value: This is technically true, but relies on Bear Stearns, Lehman, WaMu etc *not being bank failures* for various reasons.
https://twitter.com/felixsalmon/status/1653092543947497489