Money and Finance
- Yuval Noah Harari At Hay Festival: Why Our Imaginations Make Us Human
Link to video: Sapiens: Why our imaginations make us human It would be difficult to accuse Yuval Noah Harari of a lack of ambition: in Sapiens: A Brief History of Mankind, the historian covers the species from its origins to ‘the post-human era’. In...
- Inequality, Free Markets, And Crashes - By Nassim Taleb & Mark Spitznagel
Link to: Inequality, Free Markets, and CrashesNassim Taleb and Mark Spitznagel talk about how government intervention postpones the inevitable. Mark Spitznagel and Nassim Taleb started the first equity tail-hedging firm in 1999. Since then these...
- Michael Burry's 2008 1st Quarter Letter
Thanks to Dang for reminding me about these letters being online, which prompted me to go back and read this one, which is full of great insights. Earlier this month, I took my family on our first extended vacation far away from California, and we ran...
- Nassim Taleb On Silent Evidence
"Silent evidence pervades everything connected to the notion of history." -Nassim Taleb, The Black Swan ...
- Taleb/narrative Fallacy
"...the same condition that makes us simplify pushes us to think that the world is less random than it actually is." -Nassim Taleb, The Black Swan ...
Money and Finance
Harari on hindsight...
From Sapiens: A Brief History of Humankind:
"...the better you know a particular historical period, the harder it becomes to explain why things happened one way and not another…In fact, the people who knew the period best – those alive at the time – were the most clueless of all. For the average Roman in Constantine's time, the future was a fog. It is an iron rule of history that what looks inevitable in hindsight was far from obvious at the time."
....................
Related previous quotes:
"...the same condition that makes us simplify pushes us to think that the world is less random than it actually is." -Nassim Taleb, The Black Swan
"...we are explanation-seeking animals who tend to think that everything has an identifiable cause and grab the most apparent one as the explanation. Yet there may not be a visible because; to the contrary, frequently there is nothing, not even a spectrum of possible explanations. But silent evidence masks this fact.....we are too brainwashed by notions of causality and we think that it is smarter to say because than to accept randomness." -Nassim Taleb, The Black Swan
- Yuval Noah Harari At Hay Festival: Why Our Imaginations Make Us Human
Link to video: Sapiens: Why our imaginations make us human It would be difficult to accuse Yuval Noah Harari of a lack of ambition: in Sapiens: A Brief History of Mankind, the historian covers the species from its origins to ‘the post-human era’. In...
- Inequality, Free Markets, And Crashes - By Nassim Taleb & Mark Spitznagel
Link to: Inequality, Free Markets, and CrashesNassim Taleb and Mark Spitznagel talk about how government intervention postpones the inevitable. Mark Spitznagel and Nassim Taleb started the first equity tail-hedging firm in 1999. Since then these...
- Michael Burry's 2008 1st Quarter Letter
Thanks to Dang for reminding me about these letters being online, which prompted me to go back and read this one, which is full of great insights. Earlier this month, I took my family on our first extended vacation far away from California, and we ran...
- Nassim Taleb On Silent Evidence
"Silent evidence pervades everything connected to the notion of history." -Nassim Taleb, The Black Swan ...
- Taleb/narrative Fallacy
"...the same condition that makes us simplify pushes us to think that the world is less random than it actually is." -Nassim Taleb, The Black Swan ...