Nobody reads the disclosures that roll down your computer screen. You click 'I agree' but you don't know what you're agreeing to.
Nassim Nicholas TalebRead
Also, it's good to have more than one profession, in case your own profession goes out of style. A Wall Street trader who's also a belly dancer will do a lot better than a trader who winds up driving a taxi.
Interpretation
Having multiple skills or professions provides security and adaptability in a changing world.
Nassim Nicholas Taleb emphasizes the importance of versatility in one's career, suggesting that diversifying one's skill set is a wise strategy for navigating uncertain job markets. By highlighting the contrast between a Wall Street trader with a secondary skill in belly dancing and a trader who is limited to his primary profession, Taleb illustrates that adaptability can lead to greater opportunities and resilience during economic fluctuations.
In practice
During a career workshop, one could remind attendees about the importance of having multiple skills.
Nobody reads the disclosures that roll down your computer screen. You click 'I agree' but you don't know what you're agreeing to.
Fragility is the quality of things that are vulnerable to volatility.
Those who were unlucky in life in spite of their skills would eventually rise. The lucky fool might have benefited from some luck in life; over the longer run he would slowly converge to the state of a less-lucky idiot. Each one would revert to his long-term properties.
Individuals should think about the worst-case scenarios and plan for them. The world will be crazier than you think it will be. Put money away, and then you can live with much more freedom.
A good maxim allows you to have the last word without even starting a conversation.
A Stoic is someone who transforms fear into prudence, pain into transformation, mistakes into initiation, and desire into undertaking.
When you reach my age, you realize you couldn't have done things very much better or much worse than you did them in the first place.
Values spoken without actions taken are merely slogans.
We are our choices. Build yourself a great story.
What happens to a dream deferred? Does it dry up like a raisin in the sun? ... Or does it explode?
Lack of time is actually lack of priorities.
It is the part of a fool to give advice to others and not himself to be on his guard.
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