As Ennius wrote, The good is mostly in the absence of bad; Nimium boni est, cui nihil est mali.
Anyone looking for confirmation will find enough of it to deceive himself—and no doubt his peers.*
An idea starts to be interesting when you get scared of taking it to its logical conclusion.
A mistake is not something to be determined after the fact, but in light of the information available until that point
If you think that you can control your emotions, think that some people also believe that they can control their heartbeat or hair growth.)
Luck is the grand equalizer.
With a Latin saying that sophistication is born out of hunger (artificia docuit fames).
We tend to think that innovation comes from bureaucratic funding, through planning, or by putting people through a Harvard Business School class by one Highly Decorated Professor of Innovation and Ent...
We can control a function of x, f(x), even if x remains vastly beyond our understanding.
The (stated) purpose of science is to get to the truth, not to give you a feeling of organization or make you feel better. We tend to use knowledge as therapy.
That the Black Swan has three attributes: unpredictability, consequences, and retrospective explainability. Let
Reality provides such forced revisions of beliefs at quite a high frequency. Many
Randomness in the end is just unknowledge. the world is opaque and appearances fool us
Perception of causation has a biological foundation.
My antidote to Black Swans is precisely to be noncommoditized in my thinking. But
Minds are in the business of turning history into something smooth and linear, which makes us underestimate randomness. But when we see it, we fear it and overreact. Because of this fear and thirst fo...
Many people mistaken for entrepreneurs fail to have true skin in the game in the sense that their aim is to either cash out by selling the company they helped create to someone else, or go public by i...
Loss of mental function, taste for Frank Sinatra music, and similar degenerative effects.
La prova dell’assenza non significa assenza della prova,
It did not so much judge the quality of a trader’s performance as encourage him to game the system by working for short-term profits at the expense of possible blowups—like