Money and Finance
“You cannot ignore self-delusion. The problem with experts is that they do not know what they do not know. Lack of knowledge and delusion about the quality of your knowledge come together—the same process that makes you know less also makes you satisfied with your knowledge.” –Nassim Taleb, The Black Swan
- Missing The Forest For The Trees...
A few related quotes... From Garrett Hardin in Filters Against Folly (a book Peter Bevelin mentioned as one of the two things he re-reads every year in his 2007 interview): It is unfortunately true that experts are generally better at seeing their...
- 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...
- Nassim Taleb Quote
“Knowledge formation, even when theoretical, takes time, some boredom, and the freedom that comes from having another occupation, therefore allowing one to escape the journalistic-style pressure of modern publish-and-perish academia to produce cosmetic...
- Nassim Taleb Quote (prediction And Technology)
"Prediction requires knowing about technologies that will be discovered in the future. But that very knowledge would almost automatically allow us to start developing those technologies right away. Ergo, we do not know what we will know." -Nassim Taleb,...
- 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
Nassim Taleb quote (experts)
“You cannot ignore self-delusion. The problem with experts is that they do not know what they do not know. Lack of knowledge and delusion about the quality of your knowledge come together—the same process that makes you know less also makes you satisfied with your knowledge.” –Nassim Taleb, The Black Swan
- Missing The Forest For The Trees...
A few related quotes... From Garrett Hardin in Filters Against Folly (a book Peter Bevelin mentioned as one of the two things he re-reads every year in his 2007 interview): It is unfortunately true that experts are generally better at seeing their...
- 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...
- Nassim Taleb Quote
“Knowledge formation, even when theoretical, takes time, some boredom, and the freedom that comes from having another occupation, therefore allowing one to escape the journalistic-style pressure of modern publish-and-perish academia to produce cosmetic...
- Nassim Taleb Quote (prediction And Technology)
"Prediction requires knowing about technologies that will be discovered in the future. But that very knowledge would almost automatically allow us to start developing those technologies right away. Ergo, we do not know what we will know." -Nassim Taleb,...
- 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 ...