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Image of the quote is loading... SaveSave Read books are far less valuable than unread ones. The library should contain as much of what you do not know as your financial means, mortgage rates, and the currently tight real-estate market alow you to put there. - Quote by Nassim Nicholas Taleb

Read books are far less valuable than unread ones. The library should contain as much of what you do not know as your financial means, mortgage rates, and the currently tight real-estate market alow you to put there.

Nassim Nicholas Taleb
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To bankrupt a fool, give him information.
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Probability and expectation are not the same. Its probability and probability times the pay off.
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. . . the world in which we live has an increasing number of feedback loops, causing events to be the cause of more events (say, people buy a book because other people bought it), thus generating snowballs and arbitrary and unpredictable planet-wide winner-take-all effects.
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Luck is the grand equalizer.
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Know how to rank your beliefs not according to their plausibility but by the harm they may cause.
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