Rank beliefs not according to their plausibility but by the harm they may cause. - Nassim Nicholas Taleb

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Rank beliefs not according to their plausibility but by the harm they may cause.

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About Nassim Nicholas Taleb

Nassim Nicholas Taleb (born 1 January 1960 in Amioun, Lebanon) is an essayist, epistemologist, researcher, and former practitioner of mathematical finance.

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Alternative Names: Nassim Taleb
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There has been an epidemic of generalizing every tiny individual & particular conflict in life into something large & systemic, tied to "exploitation", "race", "gender", "colonialism", & ancestral "privilege". Same pple view the world top-down & see benefits in centralization.

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"So I disagree with the followers of Marx and and those of Adam Smith: the reason free markets work is because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or "incentives" for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can."

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