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Book
Nassim Nicholas Taleb
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What this book knows
Those who bear no consequences for their advice will always advise badly — accountability is the foundation of ethical action.
ambition-and-status
The more you have to lose, the more fragile you are — Nobel winners afraid of losing an argument to a nonperson and trader.
VLA-0E73C258-RC-092The surgeon who looks like a butcher, not the Ivy League silver-haired one, is likely the more skilled — appearances signal status, not competence.
VLA-0E73C258-RC-134obedience-and-authority
Politicians have no skin in the game and stay longer on the job; 'absolutism tempered by assassination' once enforced accountability.
VLA-0E73C258-RC-153Regulations lead to predation by the state; people with good lawyers game them, signaling prospective bribes to those currently in office.
VLA-0E73C258-RC-029mind-and-cognition
Educated fools think in statics not dynamics, low not high dimensions, actions never interactions — three fatal flaws of semi-educated discourse.
VLA-0E73C258-RC-008Mathematicians think in objects, jurists in constructs, logicians in operators, and fools in words — two people using the same word meaning different things.
VLA-0E73C258-RC-173Illuminates
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