Money and Finance
From The Meaning of It All: Thoughts of a Citizen-Scientist:
- Richard Feynman Quote
“I can live with doubt, and uncertainty, and not knowing. I think it’s much more interesting to live not knowing than to have answers which might be wrong.” -Richard Feynman ...
- John Keats On “negative Capability”
Link to: John Keats on “Negative Capability,” Embracing Uncertainty, and Celebrating the Mysterious [S]everal things dovetailed in my mind, & at once it struck me, what quality went to form a Man of Achievement especially in Literature &...
- The Relation Of Science And Religion: Some Fresh Observations On An Old Problem – By Richard P. Feynman
The 3 paragraphs in the second excerpt below relate a lot to investing, and many other things in life. In this age of specialization men who thoroughly know one field are often incompetent to discuss another. The great problems of the relations...
- Voltaire Quote
James Montier used this quote in his latest white paper: “Doubt is not a pleasant condition, but certainty is absurd.” –Voltaire ...
- Richard Feynman Quote
“I can live with doubt and uncertainty and not knowing. I think it’s much more interesting to live not knowing than to have answers that might be wrong….I don’t feel frightened by not knowing things, by being lost in the mysterious universe without...
Money and Finance
Richard Feynman: "How you get to know is what I want to know."
From The Meaning of It All: Thoughts of a Citizen-Scientist:
All scientific knowledge is uncertain. This experience with doubt and uncertainty is important. I believe that it is of very great value, and one that extends beyond the sciences. I believe that to solve any problem that has never been solved before, you have to leave the door to the unknown ajar. You have to permit the possibility that you do not have it exactly right. Otherwise, if you have made up your mind already, you might not solve it.
When the scientist tells you he does not know the answer, he is an ignorant man. When he tells you he has a hunch about how it is going to work, he is uncertain about it. When he is pretty sure of how it is going to work, and he tells you, "This is the way it's going to work, I'll bet," he still is in some doubt. And it is of paramount importance, in order to make progress, that we recognize this ignorance and this doubt. Because we have the doubt, we then propose looking in new directions for new ideas. The rate of the development of science is not the rate at which you make observations alone but, much more important, the rate at which you create new things to test.
If we were not able or did not desire to look in any new direction, if we did not have a doubt or recognize ignorance, we would not get any new ideas. There would be nothing worth checking, because we would know what is true. So what we call scientific knowledge today is a body of statements of varying degrees of certainty. Some of them are most unsure; some of them are nearly sure; but none is absolutely certain. Scientists are used to this. We know that it is consistent to be able to live and not know. Some people say, "How can you live without knowing?" I do not know what they mean. I always live without knowing. That is easy. How you get to know is what I want to know.
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The above quote also reminded me of the Voltaire quote: “Doubt is not a pleasant condition, but certainty is absurd.”
- Richard Feynman Quote
“I can live with doubt, and uncertainty, and not knowing. I think it’s much more interesting to live not knowing than to have answers which might be wrong.” -Richard Feynman ...
- John Keats On “negative Capability”
Link to: John Keats on “Negative Capability,” Embracing Uncertainty, and Celebrating the Mysterious [S]everal things dovetailed in my mind, & at once it struck me, what quality went to form a Man of Achievement especially in Literature &...
- The Relation Of Science And Religion: Some Fresh Observations On An Old Problem – By Richard P. Feynman
The 3 paragraphs in the second excerpt below relate a lot to investing, and many other things in life. In this age of specialization men who thoroughly know one field are often incompetent to discuss another. The great problems of the relations...
- Voltaire Quote
James Montier used this quote in his latest white paper: “Doubt is not a pleasant condition, but certainty is absurd.” –Voltaire ...
- Richard Feynman Quote
“I can live with doubt and uncertainty and not knowing. I think it’s much more interesting to live not knowing than to have answers that might be wrong….I don’t feel frightened by not knowing things, by being lost in the mysterious universe without...