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
I no longer care about the financial system. I gave them my roadmap. OK? Thanks, bye. I've no idea what's going on. I'm disconnected. I'm totally disengaged.
Interpretation
The quote reflects a disillusionment with the financial system and a desire for disengagement from its complexities.
Nassim Nicholas Taleb expresses a sense of detachment from the financial system, indicating that he no longer sees value in engaging with it. His declaration of being 'disconnected' and 'totally disengaged' suggests that he has reached a point of frustration or hopelessness regarding the complexities and uncertainties of finance, emphasizing a philosophical stance on the futility of trying to navigate or influence a flawed system.
In practice
In a discussion on economic policies and personal finance during a seminar.
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.
We lead two lives, and the half of our soul is madness, and half heaven is lit by a black sun. I say I am a man, is the other that hides in me?
Mankind must put an end to war before war puts an end to mankind.
Some people tried to hurt us to protect themselves, their family and communities...This was one of the consequences of civil war. People stopped trusting each other, and every stranger became an enemy. Even people who knew you became extremely careful about how they related or spoke to you.
But it has often happened that I have found the most seductive depictions of sin in the pages of those very men of incorruptible virtue who condemned their spell and their effects.
People who have no weaknesses are terrible; there is no way of taking advantage of them.
The price of anything is the amount of life you exchange for it.
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