- worst case scenario planning
- constructive pessimism
- “A Stoic sage is someone who transforms fear into prudence, pain into information, mistakes into initiation, and desire into undertaking.”
- stock market for example, by definition is fragile. become fearful when people are greedy, be greedy when others are fearful — WB
- Fragility (as a property) is more predictable than risk. Prediction models that try to estimate risk are stupid (past is not an indicator of the future) — instead try to predict the fragility (or antifragility) of the system and work on that.
- “Avoidance of boredom is the only worthy mode of action. Life otherwise is not worth living.”
Written by inkpepper
I try to pour things out quickly in a burst before I forget so excuse me for errors and shortcomings ;)