Nassim Taleb sat down with Daniel Kahneman - two of the sharpest minds on risk ever - and the takeaway was blunt: stop trying to be smart
Kahneman's prospect theory explains why almost nobody can do what Taleb does
We're wired to hate the steady trickle of small losses his strategy needs - even when one huge win more than pays for all of them
So you structure it the other way: tiny safe bets plus a few wild ones, never the comfortable middle.
"You'd rather be antifragile than intelligent - any time."
"Trial and error is really just trial with small error."
"Make your gains in small bites. Take your losses all at once."
~1 hr, free. two legends on risk, prediction, and how to win without forecasting ↓
@RailwaySeva@EnggWr@RatlamDRM atleast make a temporary entry and once the proposal and place gets finalize and ready for working ,close it for the new one. 4 days b4 also there was a late announcement for change in Pltfrm,also there is no coolie at mandsaur station for help.a gate will resolve many problem
@RatlamDRM mandsaur railway station ke Platform number 2 per Gate kholna chahiye, Kyunki divyang jano, senior citizens aur koi bhi marij ho usko Platform no1 se Platform no 2 tak apne coach tak jaane mein bahut jyada problem aati hai.
@WesternRly@AshwiniVaishnaw@RailMinIndia
List of 9 websites where you can download unlimited books for free:
1. Internet Archive
2. DigiLibraries .com
3. ManyBooks .net
4. FreeComputerBooks
5. Standard Ebooks
6. LibriVox .org
7. Gutenberg .org
8. OpenLibrary .org
9. BookBoon .com
@CricketCentrl Veeru had been adviced by his friends that if he doesnt understand English just say ,yes,,yeah,,so he said it to ponting . Asad asked him in hindi and thats y he said "No" to asad,,
🚨 BREAKING: Google Gemini can now analyze any stock like a Wall Street analyst (for free).
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♻️ Repost to help others level up their finance knowledge.