Dom

“My biggest problem with modernity may lie in the growing separation of the ethical and the legal”
― Nassim Nicholas Taleb, The Bed of Procrustes: Philosophical and Practical Aphorisms

“Probability is not a mere computation of odds on the dice or more complicated variants; it is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance.”
― Nassim Nicholas Taleb, Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

“To bankrupt a fool, give him information.”
― Nassim Nicholas Taleb, The Bed of Procrustes: Philosophical and Practical Aphorisms

“As a matter of fact, your happiness depends far more on the number of instances of positive feelings, what psychologists call "positive effect", then on their intensity when they hit. In other words, good news is good news first. How good matters rather little. So to have a pleasant life you should spread those small effects across time as evenly as possible. Plenty of mildly good news is preferable to one single lump of great news. The same is property in reverse applies to our unhappiness. It is better to lump all your pain into a brief period, rather than have it spread out over a long time.”
― Nassim Nicholas Taleb