.@nntaleb has a point that “If you’re so smart, why are you poor?” is a valid question to ask.
People who make smart life choices are smarter than people who do well on IQ tests.pic.twitter.com/Q11WdTpY12
That's what a pretty good positive correlation looks like. If you show the full scattergram for any bivariate distribution in the behavioral sciences and you'll almost certainly see even more noise.
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It’s a positive correlation but very noisy and only very mildly predictive? Is it useful as a metric? Why not look at wealth directly?
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Eg my take is that intellectual-yet-idiots are IQ smart, but if they can’t get rich they are actually idiots. Or go straight for inclusive fitness: extrapolated of healthy offspring in 10 generations. By that measure a lot of low IQ people are smarter than intellectual idiots.
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Why would desire for money be the same for different IQ-levels? The most intelligent people I know know that money does not buy happiness.
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@WallStPlayboys lol, people actually say things like this. - 3 more replies
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Taleb doesn't want you to see the pattern; he only wants you to notice the noise.
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Please don't engage that imbecile miller in this discussion he has NO idea what noise means.
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