James Davidson

“There are only two ways to live your life. One is as though nothing is a miracle. The other is as though everything is a miracle.”
― Albert Einstein

“Essentially, all models are wrong, but some are useful.”
― George E.P. Box

“Ars longa,
vita brevis,
occasio praeceps,
experimentum periculosum,
iudicium difficile.

Life is short,
[the] art long,
opportunity fleeting,
experiment dangerous,
judgment difficult.”
― Hippocrates

“Consider a more extreme example than the casino experiment. Assume a collection of people play Russian roulette a single time for a million dollars—this is the central story in Fooled by Randomness. About five out of six will make money. If someone used a standard cost-benefit analysis, he would have claimed that one has an 83.33 percent chance of gains, for an “expected” average return per shot of $833,333. But if you keep playing Russian roulette, you will end up in the cemetery. Your expected return is … not computable.”
― Nassim Nicholas Taleb, Skin in the Game: The Hidden Asymmetries in Daily Life