Nassim Taleb: the bigger something gets, the more fragile it becomes.
Jump off a 1-meter ledge ten times - you're fine. Jump 10 meters once - you're dead.
Size works the same way. One giant bank dumping €50B moved the market 12% and lost billions. Ten small banks dumping €5B each would've lost almost nothing.
"An elephant breaks a leg when it falls. A mouse doesn't."
"The best predictor of a company's bankruptcy is steady earnings."
"Don't cross a river that's on average four feet deep."
~40 min, free. why small, jagged and distributed outlives big, smooth and centralized ↓
Different salaries should only affect how luxurious your life is, not your food quality or ability to afford rent. If you work 40 hours at any job, your income should be enough to live in the town you work in. Thinking otherwise is an abysmal indicator of your humanity.
I’m amazed at people who are addicted to consuming content that triggers them.
Can never be me. If the algorithm starts to move weird, I immediately start pushing the “not interested” and “show less content like this” buttons.
⚠️ In Australia, a 26-year-old woman who hasn't eaten real food in over 10 YEARS has taken the decision to legally end her life.
Before she goes, Annie Holland is ticking off her "f**k it list"
This includes wearing a wedding dress for photos with her dad, holding a newborn baby and a helicopter ride.
She says she's regaining control of a life that stole so much from her 💔
Annie suffers with a rare incurable disease that completely paralyzes her stomach & intestines making normal digestion impossible.
She's survived solely on IV nutrition drips since her teens, endured 25+ bouts of life-threatening sepsis, constant agony, dozens of daily injections, and multi-organ complications.
After years of hospitals and suffering, she was approved for voluntary assisted dying (VAD) in South Australia.
Akademiks says after his interview with Daphne Joy he fully understands how she got 50 Cent and Diddy to fold and says he was ready to TRICK on her to get in on the action 💀🤣
“y’all know I’m anti trick, but she’s a pro, I almost logged into my account and sent her some bread”