This is the central illusion in life: that randomness is risky, that it is a bad thing — and that eliminating randomness is done by eliminating rando… - Nassim Nicholas Taleb

This is the central illusion in life: that randomness is a risk, that it is a bad thing ...

Metric-lowering drugs are particularly vicious because of a legal complexity. The doctor has the incentive to prescribe it because should the patient have a heart attack, he would be sued for negligence; but the error in the opposite direction is not penalized at all, as side effects do not appear at all as being caused by the medicine.

The story of the “exquisite cadavers” is as follows. In the aftermath of the First World War, a collection of surrealist poets — which included André Breton, their pope, Paul Eluard, and others — got together in cafés and tried the following exercise (modern literary critics attribute the exercise to the depressed mood after the war and the need to escape reality). On a folded piece of paper, in turn, each one of them would write a predetermined part of a sentence, not knowing the others’ choice. The first would pick an adjective, the second a noun, the third a verb, the fourth an adjective, and the fifth a noun. The first publicized exercise of such random (and collective) arrangement produced the following poetic sentence: The exquisite cadavers shall drink the new wine. (Les cadavres exquis boiront le vin nouveau.) Impressive? It sounds even more poetic in the native French. Quite impressive poetry has been produced in such a manner, sometimes with the aid of a computer. But poetry has never been truly taken seriously outside of the beauty of its associations, whether they have been produced by the random ranting of one or more disorganized brains, or the more elaborate constructions of one conscious creator.

Rational flâneur (or just flâneur): Someone who, unlike a tourist, makes a decision opportunistically at every step to revise his schedule (or his destination) so he can imbibe things based on new information obtained. In research and entrepreneurship, being a flâneur is called “looking for optionality.