Economies of scale are not compatible with reduced survival in SP500, or extinction of large animals. Large is fragile. - Nassim Nicholas Taleb

A very useful heuristic, a potent filter: When someone criticizes you, train to immediately ask yourself: "Would I rather be him/her, or I'd rather be me?" before taking the remark at face value. It works wonders.

be. So I follow the Lindy effect as a guide in selecting what to read: books that have been around for ten years will be around for ten more; books that have been around for two millennia should be around for quite a bit of time, and so forth.

Just as in matters of seduction, people lend the most to those who need them the least.