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Randomness
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This is the central illusion in life: that randomness is a risk, that it is a bad thing...
Nassim Nicholas Taleb
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While in theory randomness is an intrinsic property, in practice, randomness is incomplete information.
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Trading forces someone to think hard; those who merely work hard generally lose their focus and intellectual energy. In addition, they end up drowning in randomness; work ethics draw people to focus on noise rather than the signal.
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When some systems are stuck in a dangerous impasse, randomness and only randomness can unlock them and set them free.
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Randomness works well in search—sometimes better than humans.
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You get pseudo-order when you seek order; you only get a measure of order and control when you embrace randomness.
Nassim Nicholas Taleb
Quote of the day
It is better to meet danger than to wait for it. He that is on a lee shore, and foresees a hurricane, stands out to sea and encounters a storm to avoid a shipwreck.
Charles Caleb Colton
Nassim Nicholas Taleb
Creative Commons
Born:
1960
(age 65)
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