He claims that IQ tests only tap into abilities that are suitable for academic problems, and that they in particular are much less effective when dealing with problems that have long tails of big losses and/or big gains.
Isn’t… he himself a counterexample, being smart and getting rich off dealing with long-tail problems?
Isn’t… he himself a counterexample, being smart and getting rich off dealing with long-tail problems?
Perhaps his claim is that he’s not very smart in the way that IQ tests measure?
Does anyone know what Taleb’s IQ is?
Or smart in a different way too. Idk, correlation does not imply deterministic correlation.