Given the number of people trying to get on the money-making bus, there is a progressive accumulation of Black Swan risks in such systems. Then, boom, the systemic blowup happens. Nassim Nicholas Taleb Black swan, Business, Failure, Money, Risk You May Also Like Can anybody remember when the times were not hard and money not scarce? By Ralph Waldo Emerson Adversity, Money, Wise Money remains the same, it is merely the pockets that change. By Gertrude Stein Money Money is the fruit of evil as often as the root of it. By Henry Fielding Evil, God, Money A company with a good product rarely needs a mission statement. By SCOTT ADAMS Business The fool takes risks he doesn’t understand, mistaking his own past luck for skills, the crook transfers risks to others. By Nassim Nicholas Taleb Life, Risk, Risk taking, Wise Happiness lies not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort. By Eranklin D. Roosevelt Creativity, Happiness, Money, Positive, Success You May Also Like from Nassim Nicholas Taleb Skin-in-the-game-style symmetry, until the recent intellectualization of life, had been implicitly considered the principal rule for organized society. By Nassim Nicholas Taleb Life, Skin in the game, State You will never fully convince someone that he is wrong; only reality can. By Nassim Nicholas Taleb Life, Persuasion, Wise Survival comes first, truth, understanding, and science later. By Nassim Nicholas Taleb Life, Powerful, Science, Truth, Wise People are no longer owned by a company but by something worse: the idea that they need to be employable. By Nassim Nicholas Taleb Business, Life, Meaningful, Powerful, Work People who are not morally independent tend to fit ethics to their profession, rather than find a profession that fits their ethics. By Nassim Nicholas Taleb Ethics, Life, Morality, Profession When you are rewarded for perception, not results, you need to show sophistication. By Nassim Nicholas Taleb Life
Can anybody remember when the times were not hard and money not scarce? By Ralph Waldo Emerson Adversity, Money, Wise
The fool takes risks he doesn’t understand, mistaking his own past luck for skills, the crook transfers risks to others. By Nassim Nicholas Taleb Life, Risk, Risk taking, Wise
Happiness lies not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort. By Eranklin D. Roosevelt Creativity, Happiness, Money, Positive, Success
Skin-in-the-game-style symmetry, until the recent intellectualization of life, had been implicitly considered the principal rule for organized society. By Nassim Nicholas Taleb Life, Skin in the game, State
You will never fully convince someone that he is wrong; only reality can. By Nassim Nicholas Taleb Life, Persuasion, Wise
Survival comes first, truth, understanding, and science later. By Nassim Nicholas Taleb Life, Powerful, Science, Truth, Wise
People are no longer owned by a company but by something worse: the idea that they need to be employable. By Nassim Nicholas Taleb Business, Life, Meaningful, Powerful, Work
People who are not morally independent tend to fit ethics to their profession, rather than find a profession that fits their ethics. By Nassim Nicholas Taleb Ethics, Life, Morality, Profession
When you are rewarded for perception, not results, you need to show sophistication. By Nassim Nicholas Taleb Life
