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    • ABOUT TALEBIBLIA

    Talebiblia is a fan site devoted to Nassim Nicholas Taleb, created by Smiljana Skiba. It features a compilation of Taleb's most intriguing social media screenshots and interviews for readers to enjoy and explore. The website provides a resource for anyone looking to gain insights into Taleb's works, whether they are a dedicated reader or a curious newcomer.

    Please note that Talebiblia is an independent website and is not affiliated with Nassim Nicholas Taleb in any manner.

    Many thanks to Lucia Simeoni and Ashok Atluri for their invaluable assistance in creating and maintaining this website.

    To stay up to date with Talebiblia's latest developments, follow Smiljana on Twitter @MasaSkiba

    Category: BS Busting

    Psychologists have the illusion that I am writing this critique of IQ for them. No. Never argue theology w/a Salafi Sheikh. Psychologists are the losers in & out of campus. I am writing to expose the lack of rigor of these “metrics” to “intelligent” scientists & Fat Tonies. Years ago I waged a war against “Value at Risk”, an equally bogus measurement; like IQ, had a bunch of nerds clinging to it because “we have nothing better”.

    So, in other words, if you see, say a B-School academic with the attitude that “he is smart & had he wanted he would be richer than practitioners” explain to him that he is not an academic BY CHOICE but out of incompetence. NonProfiteers & academics who think they made a “sacrifice” underestimate how hard (& rare) it is to make money in the Real World w/o rentseeking. Authors who think they “sacrifice” by not dumbing down underestimate how hard (& rare) it is to sell a book to very wide audiences.

    This is the kind of bullshit delivered by a BSchool “Associate Dean”. Dangerous BS. Saying “data has fat tails” YET using ordinary MLE estimators, accepting modern portfolio theory, calculating CVaR, regressions, doing business as usual, is INCOHERENT. http://fooledbyrandomness.com/FatTails.html Econs: In the age of social media, you can’t keep selling BS with pseudo-mathematics/citation ring/circular vetting with impunity. Eventually a bubble bursts.