The narrative fallacy addresses our limited ability to look at sequences of facts without weaving an explanation into them, or, equivalently, forcing a logical link, an arrow of relationship, upon them. Explanations bind facts together. They make them all the more easily remembered; they help them make more sense. Where this propensity can go wrong is when it increases our impression of understanding.
Nassim Nicholas TalebAn idea starts to be interesting when you get scared of taking it to its logical conclusion.
Nassim Nicholas TalebCapitalism is about adventurers who get harmed by their mistakes, not people who harm others with their mistakes.
Nassim Nicholas TalebRead books are far less valuable than unread ones. The library should contain as much of what you do not know as your financial means, mortgage rates, and the currently tight real-estate market alow you to put there.
Nassim Nicholas Taleb