Tag: Taleb

Alchemy – The Surprising Power Of Ideas That Don’t Make Sense

The models that dominate all human decision-making today are duly heavy on simplistic logic, and light on magic – a spreadsheet leaves no room for miracles. But what if this approach is wrong? What if, in our quest to recreate the certainty of the laws of physics, we are now too eager to impose the same consistency and certainty in

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A Leveraged, Capital Intensive, Competitive and Cyclical Business Is Fragile (Some Thoughts On Fragility Vs. Antifragility)

Fragile – handle with care: Fragile is defined as an object easily broken or damaged. When you order something online that is fragile it most likely is labelled as “handle with care”. The reason is pretty obvious: it can’t sustain shocks, knocks, beating or being dropped to the ground.  It easily breaks apart. The opposite is antifragile: Antifragile – do

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Should You Choose A Scalable Or Non-Scalable Profession/Career?

The word scalable is in Merriam-Webster defined like this: 1 : capable of being scaled 2 : capable of being easily expanded or upgraded on demand   //   a scalable computer network The media loves a good story of someone who has disrupted an industry or made a fortune doing something unique. An article in the Boston Globe caught my

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Some Valuable Quotes From Nassim Nicholas Taleb

I reread all of Nassim Nicholas Taleb’s books in October 2019 (except The Bed of Procrustes, which I have not ordered yet). I strongly recommend all his books, both for insights in your “everyday” life or “trading/investment” life. His books have made a huge impact on how I view the world and how I invest. While reading I wrote down

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