Money and Finance
- Bertrand Russell And Uncertainty
"I think nobody should be certain of anything. If you’re certain, you’re certainly wrong because nothing deserves certainty. So one ought to hold all one’s beliefs with a certain element of doubt, and one ought to be able to act vigorously in spite...
- 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...
- John Kay: A Wise Man Knows One Thing – The Limits Of His Knowledge
John Maynard Keynes, who never tried to conceal that he knew more than most people, also knew the limits to his knowledge. He wrote “about these matters – the prospect of a European war, the price of copper 20 years hence – there is no scientific...
- Bfbv Newsletter (no. 2) - Professor Sanjay Bakshi
Legendary Investor Richard Feynman As far as I know, Richard Feynman never bought a stock in his life. If he did, he never talked about it or about his “investment acumen.” But he should have... Feynman was not only a great physicist, he was also...
Money and Finance
Richard Feynman quote
“A scientist is never certain. We all know that. We know that all our statements are approximate statements with different degrees of certainty; that when a statement is made, the question is not whether it is true or false but rather how likely it is to be true or false. ‘Does God exist?’ When put in the questional form, ‘how likely is it?’ It makes such a terrifying transformation of the religious point of view, and that is why the religious point of view is unscientific. We must discuss each question within the uncertainties that are allowed….We absolutely must leave room for doubt or there is no progress and there is no learning. There is no learning without having to pose a question. And a question requires doubt. People search for certainty. But there is no certainty. People are terrified — how can you live and not know? It is not odd at all. You only think you know, as a matter of fact. And most of your actions are based on incomplete knowledge and you really don’t know what it is all about, or what the purpose of the world is, or know a great deal of other things. It is possible to live and not know.”
- Bertrand Russell And Uncertainty
"I think nobody should be certain of anything. If you’re certain, you’re certainly wrong because nothing deserves certainty. So one ought to hold all one’s beliefs with a certain element of doubt, and one ought to be able to act vigorously in spite...
- 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...
- John Kay: A Wise Man Knows One Thing – The Limits Of His Knowledge
John Maynard Keynes, who never tried to conceal that he knew more than most people, also knew the limits to his knowledge. He wrote “about these matters – the prospect of a European war, the price of copper 20 years hence – there is no scientific...
- Bfbv Newsletter (no. 2) - Professor Sanjay Bakshi
Legendary Investor Richard Feynman As far as I know, Richard Feynman never bought a stock in his life. If he did, he never talked about it or about his “investment acumen.” But he should have... Feynman was not only a great physicist, he was also...