He can't breathe

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GRUSHA IS SPEAKING, LISTEN AND LEARN

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🚨China tariffs

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🚨🚨China tariffs

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GM

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Trump: They're giving us a free jet ... when they give you a putt, you pick it up and you walk to the next hole

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NOW: Pumpfun launches creator rewards

Is this a way to try to incentivize coin creators not to hard dump and wreck the coins?

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Interesting that they’re doing “time-weighting” of holdings

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Bro in the chat trying to say this chart shows nothing

…because of some kind of r-value retardation

— Well, use of r-values, in any way other than totally ignoring them, is always retarded

Why? Because r-values implicitly focus on the average / 50th percentile — when, in reality, due to markets and other factors, average is virtually NEVER what’s most important at all

Rather EXTREMES, NOT AVERAGES, are what matters,


And so everything not at the extremes should be completely ignored for practical purposes, virtually always in reality,

e.g.:

• Tiny top N% of top performers of of the whole population, in any given field, are the only ones from the population that are doing the challenging jobs in that field

• Top 1% of criminals do more than 50% of the violent crime

• Tiny top N% of super hoes are doing most of the hoeing

etc

— EXTREMES of the distribution curves are all that ever matters in practice, nearly always

ALWAYS be aware of what part(s) of the distribution your statistical measures are implicitly focusing on, and if it’s the average, ignore that BS

— This focusing on averages, when averages are irrelevant, is one of the most common lying-with-statistics scams

This is the same kind of lying-with-statistics nonsense as the left uses when trying to say that men and women should have equal outcomes on all jobs, since the AVERAGE distribution of the greater male variability hypothesis curves are nearly the same — despite the EXTREMES of the curves being vastly different, due to the men’s curve’s tails being much fatter than the womens.

Averages of two distribution curves are nearly the same? — IRRELEVANT

Extremes are virtually all that ever matters in practice, never averages

Now, at those 2 circles highlighting the upper extremes on the chart above, and try to tell me that this chart shows nothing

Always focus on extremes, never averages, because the extremes drive the world

(You could attack other things, in theory, but saying the chart shows nothing because of r-values is nonsensical BS)

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But the averages of the 2 curves are identical so the 2 groups must be identical!!!

— One of the most common lying-with statistics scams

Look at those 2 curves, which have IDENTICAL averages

— Clearly the green one has much fatter tails, far more of the extremes

For anything of consequence, one or both of those fat tails are all that matters — NEVER the middle

E.g. imagine the y-axis being skill at being a pilot

- with the left side being people who would somehow instantly crash

- the middle being those who could never be good enough to get a pilot’s license, but still do a bit better than those on the left

- and the right edge is those who are extremely good at piloting, this is where essentially all of the pilots are

Does it matter how good the “average” person is at flying a plane?

NO

The “average” person would crash the plane on the first flight.

The “average” people get FILTERED OUT in practice

— All that matters, in practice, is that upper EXTREME

Beware the common lying-with-statistics scam of focusing just on the “average”, when the “average” is totally irrelevant to whatever task at hand and already filtered out in practice

(Note also that good is a question of “value”, not “truth”, and unlike truth, which holds everywhere, for value you always must specify the task at hand = scammy to say things are equally valuable if you don’t specify for what, and just by specifying it nearly always quickly becomes clear that the extremes are all that matters for that task at hand)

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When $BTC pumps +0.5%

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Pre-announce:

Can now DM @Searchoor_bot and then just send it text, to instantly search images in @doomposting

Also enabled indexing of arbitrary groups, and already have a few dozen big groups indexed and searchable — but will scale up our spider workers rq before doing the full announce of those new features

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