Money and Finance
From The Black Swan:
- James Altucher Interviews Nassim Taleb
Link to: Ep. 45 Nassim Taleb: Why You Should Embrace Uncertainty This week, Nassim Taleb, author of Antifragile: Things That Gain from Disorder, joins The James Altucher Show to talk about technology and how different systems handle disorder. Just...
- Nassim Taleb Quote (asymmetry)
“Put yourself in situations where favorable consequences are much larger than unfavorable ones…Indeed, the notion of asymmetric outcomes is the central idea of this book: I will never get to know the unknown since, by definition, it is unknown. However,...
- Nassim Taleb Quote
“Seize any opportunity, or anything that looks like opportunity. They are rare, much rarer than you think. Remember that positive Black Swans have a necessary first step: you need to be exposed to them. Many people do not realize that they are getting...
- Nassim Taleb Quote
“This idea that in order to make a decision you need to focus on the consequences (which you can know) rather than the probability (which you can’t know) is the central idea of uncertainty. Much of my life is based on it.” –Nassim Taleb, The Black...
- Tedx Talk - Tyler Cowen: Be Suspicious Of Stories
Link .................... Related quote: "You need a story to displace a story. Metaphors and stories are far more potent (alas) than ideas; they are also easier to remember and more fun to read. If I have to go after what I call the narrative disciplines,...
Money and Finance
Nassim Taleb quote
From The Black Swan:
The scientific association with a big idea, the “brand name,” goes to the one who connects the dots, not the one who makes a casual observation—even Charles Darwin, who uncultured scientists claim “invented” the survival of the fittest, was not the first to mention it. He wrote in the introduction of The Origin of Speciesthat the facts he presented were not necessarily original; it was the consequences that he thought were “interesting” (as he put it with characteristic Victorian modesty). In the end it is those who derive consequences and seize the importance of the ideas, seeing their real value, who win the day. They are the ones who can talk about the subject.
- James Altucher Interviews Nassim Taleb
Link to: Ep. 45 Nassim Taleb: Why You Should Embrace Uncertainty This week, Nassim Taleb, author of Antifragile: Things That Gain from Disorder, joins The James Altucher Show to talk about technology and how different systems handle disorder. Just...
- Nassim Taleb Quote (asymmetry)
“Put yourself in situations where favorable consequences are much larger than unfavorable ones…Indeed, the notion of asymmetric outcomes is the central idea of this book: I will never get to know the unknown since, by definition, it is unknown. However,...
- Nassim Taleb Quote
“Seize any opportunity, or anything that looks like opportunity. They are rare, much rarer than you think. Remember that positive Black Swans have a necessary first step: you need to be exposed to them. Many people do not realize that they are getting...
- Nassim Taleb Quote
“This idea that in order to make a decision you need to focus on the consequences (which you can know) rather than the probability (which you can’t know) is the central idea of uncertainty. Much of my life is based on it.” –Nassim Taleb, The Black...
- Tedx Talk - Tyler Cowen: Be Suspicious Of Stories
Link .................... Related quote: "You need a story to displace a story. Metaphors and stories are far more potent (alas) than ideas; they are also easier to remember and more fun to read. If I have to go after what I call the narrative disciplines,...