20231221 update: tweet link removed, account locked. snippet below.
I wrote about some key takeaways from @nntaleb’s new technical book, Statistical Consequences of Thick Tails (https://t.co/Qj5ab0WtpJ)
It’s a short review on fat tails in plain english, including the relationship between moments, tail indices, and pseudo-convergence (https://pic.twitter.com/X5Zbmc088J)
— F Y Isaac (@gelmanisaac) December 23, 2020
a surprisingly readable rundown on fat tails that will force you to brush up on some old stats stuff. oh, and there’s wolfram/mathematica code to explore as well.