126 karma · joined October 28, 2008
I would have no problem doing 100 pushups every hour 8 times a day.
From the article you linked: "None of this implies, however, that the existence of outliers undermines modern portfolio theory or asset pricing theory."
In fact, that's exactly what it does. This is what happens when you build houses on top of sand.
This report is as useful as yesterday's racing form.
Taleb's position (and argument in this paper) is that we need to recognize instances where we don't know the answer instead of making decisions based on assumptions that we do.
I think what you are trying to say is "You don't need to live in poverty in order to accomplish great things." In which case, I agree with you, but I believe you should pick your words more carefully.
This will be my last reply; I don't want this thread to become a pissing contest.
I have no desire to emulate Ghandi and I never stated that I did. I recognize when to respect the accomplishments of others.
If that is the case I would strongly suggest you reconsider your priorities.
You are always 100% in control of your emotions: the choice to be happy is up to you regardless of what you're doing or what's happening to you. Money (or value) will come from following fundamental principles of success: diligence, hard work, honesty, etc. You often find the two together, but neither is required for the other.
For more information read Dan Gilbert's "Stumbling on Happiness" and Viktor Frankl's "Man's Search for Meaning."
Perhaps "Always Drive Safely" or "Always be Responsible" as the link text would be better?
I'm not advocating one site with a meritocracy filter; have as many as you'd like. One for Math PhDs, Chemistry PhDs, just having a bachelor's degree, CEO's, car salesmen, etc. The barrier to entry filter just assures that the community members share experience or ability, not just interest. The extent to which you wanted to quantify their experience or ability is up to you.
I see TED as the ultimate meritocracy-based conference. TED's official website is pretty fluffy about who gets invited to speak, but the reality is that everyone who gets on stage has done something amazing. If you're some college freshmen with an amazing idea to change the world but you haven't implemented it, you're not going to get invited to TED. Great ideas are a dime a dozen; implementing a great idea is what's amazing.
When I referenced "those sorts of comments/attitudes would be voted down" I was not referring to your post. I was referring to the sort of post you mentioned: the "mutual masturbation" posts. I apologize for any confusion.
It is more direct to use a command instead of a conditional and use a positive instead of a negative.
A modification on the idea would be to only allow a site with people who have a net worth greater than a certain amount or who are in certain positions of responsibility or power (like CEOs of companies with a market cap greater than 10 million). You could extend this for any classification system: people with doctorate degrees, people with X many years of experience in Y field, etc.
Basically I would be interested to see what sort of news and discussions would evolve from a meritocracy-based community. Think of the benefit that comes from the TED speaker's community.
> an intuitive UI for configuring everything in xorg.conf
> an intuitive UI for everything involving mounting, fstab, mdadm (raid), network shares, etc
> improve the awk, cairo-bar interfaces to be on par with RocketDock
> a more intuitive PulseAudio interface that controls everything relating to sound (including OSS and older)
How about a software solution for translation that works perfectly?
Who's going to take the risk for the rewards you want?
step 2) read The Black Swan by Taleb
step 3) make an account at caps.fool.com
step 4) get your score above 80
step 5) never invest more than 2% of your capital in any investment
step 6) figure out how to profit from your capital given rule #5
step 7) if you've figured out rule #6 you're set for life
The iodine issue is true, although you would have to go out of your way to get iodine deficiency living in any 1st world country.