hairyfigment comments on Rationality Quotes September 2014 - Less Wrong

8 Post author: jaime2000 03 September 2014 09:36PM

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Comment author: hairyfigment 18 September 2014 10:54:54PM 0 points [-]

The website does work when I enable cookies, and it says he sold his apartment for much more than the median price. I think it also supports the claim that after buying a house, he had a profit left of roughly 10 percent of that house's value (the amount of equity he supposedly said he wouldn't mind losing post-purchase).

Your general argument seems to misrepresent Taleb. Again, we have here a case of someone doing pretty well by focusing on the predictions you can make. (His profit was likely sub-optimal, but that sounds like an example of a prediction you can't make.) And hedging can indeed protect you against the events you keep weirdly suggesting are useless to think about.

Comment author: Lumifer 19 September 2014 02:10:11AM *  0 points [-]

Again, we have here a case of someone doing pretty well by focusing on the predictions you can make.

If I may point you to the first paragraph of this post..?

you keep weirdly suggesting are useless to think about

I don't believe I said anything at all about what's useful or useless to think about.