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
Fragility is the quality of things that are vulnerable to volatility.
Interpretation
Fragility refers to the tendency of certain things to be easily affected or harmed by unpredictable changes.
Nassim Nicholas Taleb's quote emphasizes the concept of fragility, highlighting that some entities, be they ideas, systems, or materials, possess an inherent vulnerability to change and chaos. This insight encourages awareness of the nature of fragility and the importance of building resilience against unpredictable events.
In practice
This quote can be used during a discussion on risk management in financial markets.
Nobody reads the disclosures that roll down your computer screen. You click 'I agree' but you don't know what you're agreeing to.
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.
They think that intelligence is about noticing things are relevant (detecting patterns); in a complex world, intelligence consists in ignoring things that are irrelevant (avoiding false patterns)
She did her work with the thoroughness of a mind which reveres details and never quite understands them.
Every now and then I will see a word as if for the first time, and suddenly appreciate that Evian is 'naive' spelled backward, or that Bosnia is an anagram of 'bonsai.'
Genius can only breathe freely in an atmosphere of freedom.
It's very important not to do what your peers think you should do, not do what your parents think,your teachers or even your culture. Do what's inside of you.
Why do they make things so complicated?" "So that those who have the responsibility for understanding can understand.," he said. "Imagine if everyone went around transforming lead into gold. Gold would lose its value." "It's those who are persistent, and willing to study things deeply, who achieve the Master Work.
Had it pleas'd heaven_x000D_ _x000D_ To try me with affliction * * *_x000D_ _x000D_ I should have found in some place of my soul_x000D_ _x000D_ A drop of patience.
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