Money and Finance
- Nassim Taleb On Being An Autodidact
From Antifragile:My idea was to be rigorous in the open market. This made me focus on what an intelligent antistudent needed to be: an autodidact—or a person of knowledge compared to the students called “swallowers” in Lebanese dialect, those who...
- Ray Dalio Quote
“The type of thinking that is necessary to succeed in the markets is entirely different from the type of thinking that is required to succeed in school….Most school education is a matter of following instructions—remember this; give it back; did...
- Weekly Roundup - March 2, 2013
Another week has flown by and now it's time for another roundup. At least as of Friday's close the markets had shrugged off the sequester cuts. For now all the worry was much ado about nothing,but we'll see if a patch is made over the...
- How Much Can A Poly Student Save In A Year?
Today's post is a continuation of my previous post. You can read it here: The Truth About Polytechnic Students So....knowing that polytechnic students face a higher level of expenses compared to their secondary school days, how much can they...
- Can You Afford A College For Your Child? Sharing Our Experience...
This year my daughter is going to college. I do not want her to get loans, we were not qualified for FAFSA and I saved some money in 529 account. She didn't apply to any local colleges because she wanted to go away from home. In this post I will...
Money and Finance
Nassim Taleb quotes
From Antifragile:
My parents had an account with the largest bookstore in Beirut and I would pick up books in what seemed to me unlimited quantities. There was such a difference between the shelves of the library and the narrow school material; so I realized that school was a plot designed to deprive people of erudition by squeezing their knowledge into a narrow set of authors. I started, around the age of thirteen, to keep a log of my reading hours, shooting for between thirty and sixty a week, a practice I’ve kept up for a long time.…It was a barbell—play it safe at school and read on your own, have zero expectation from school.…One day in the 1980s I had dinner with a famous speculator, a hugely successful man. He muttered the hyperbole that hit home: “much of what other people know isn’t worth knowing.”…To this day I still have the instinct that the treasure, what one needs to know for a profession, is necessarily what lies outside the corpus, as far away from the center as possible. But there is something central in following one’s own direction in the selection of readings: what I was given to study in school I have forgotten; what I decided to read on my own, I still remember.
- Nassim Taleb On Being An Autodidact
From Antifragile:My idea was to be rigorous in the open market. This made me focus on what an intelligent antistudent needed to be: an autodidact—or a person of knowledge compared to the students called “swallowers” in Lebanese dialect, those who...
- Ray Dalio Quote
“The type of thinking that is necessary to succeed in the markets is entirely different from the type of thinking that is required to succeed in school….Most school education is a matter of following instructions—remember this; give it back; did...
- Weekly Roundup - March 2, 2013
Another week has flown by and now it's time for another roundup. At least as of Friday's close the markets had shrugged off the sequester cuts. For now all the worry was much ado about nothing,but we'll see if a patch is made over the...
- How Much Can A Poly Student Save In A Year?
Today's post is a continuation of my previous post. You can read it here: The Truth About Polytechnic Students So....knowing that polytechnic students face a higher level of expenses compared to their secondary school days, how much can they...
- Can You Afford A College For Your Child? Sharing Our Experience...
This year my daughter is going to college. I do not want her to get loans, we were not qualified for FAFSA and I saved some money in 529 account. She didn't apply to any local colleges because she wanted to go away from home. In this post I will...