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Nassim Nicholas Taleb -
Robust
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Only Ponzi schemes should depend on confidence. Governments should never need to restore confidence. Cascading rumours are a product of complex systems. Governments cannot stop the rumours. Simply, we need to be in a position to shrug off rumours, be robust in the face of them.
Nassim Nicholas Taleb
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We are robust when errors in the representation of the unknown and understanding of random effects do not lead to adverse outcomes —fragile otherwise.
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If you have more than one reason to do something (choose a doctor or veterinarian, hire a gardener or an employee, marry a person, go on a trip), just don't do it. It does not mean that one reason is better than two, just that by invoking more than one reason you are trying to convince yourself to do something. Obvious decisions (robust to error) require no more than a single reason.
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The fragile wants tranquility, the antifragile grows from disorder, and the robust doesn't care too much.
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Preoccupation with efficacy is the main obstacle to a poetic, elegant, robust and heroic life.
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I have respect for mother nature's methods of robustness (billions of years allow most of what is fragile to break); classical thought is more robust (in its respect for the unknown, the epistemic humility) than the modern post-Enlightenment naïve pseudoscientific autism. Thus my classical values make me advocate the triplet of erudition, elegance, and courage; against modernity's phoniness, nerdiness and philistinism
Nassim Nicholas Taleb
Quote of the day
Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Nassim Nicholas Taleb
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Born:
1960
(age 64)
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