My point taken further is that True and False (hence what we call "belief") play a poor, secondary role in human decisions; it is the payoff from the True and the False that dominates-and it is almost always asymmetric, with one consequence much bigger than the other, i.e., harboring positive and negative asymmetries (fragile or antifragile). Let me explain.
Nassim Nicholas TalebMake sure that you are in a situation where the constant mistakes are small and can be used for something.
Nassim Nicholas TalebWe have this culture of financialization. People think they need to make money with their savings rather with their own business. So you end up with dentists who are more traders than dentists. A dentist should drill teeth and use whatever he does in the stock market for entertainment.
Nassim Nicholas TalebDeficits are like putting dynamite in the hands of children. They can get out of control very quickly.
Nassim Nicholas Taleb