SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (64851)7/23/2010 11:31:59 PM
From: carranza2  Respond to of 218163
 
For your entertainment and/or serious consideration, I bring you a few of NNTaleb's admonitions on how to conduct one's life.

fooledbyrandomness.com

Life's Barbells

Barbells are more robust than monomodal strategies.)

Walk most of the time, sprint as fast as you can on the occasion; never jog.

Fast for long periods of famine, then feast; never diet.

Endorse Nick Clegg & David Cameron, in combination, never labor.

For social life, a linear combination of Fat Tony & philosophers outperforms the frequentation of middle brows.

Go for city-states under loose empires, never nation-states.

Be a flåneur, lounging most of the time; then work as intensely as possible for a maximum of one hour; never work at low intensity --the 4-Hour Workweek.

Do nothing most of the time, then workout like a nut as intensely & unpredictably as possible.

Invest mostly in close to no-risk, (cash inflation protected, 80-90%), and maximal risk securities (10-20%); never in medium risk.

Read trashy gossip magazines and classics or sophisticated works; never the New York Times (or something even more aberrant, Newsweek).

Talk to graduate students or the highest caliber scholars; never, never, never medium academics.

Lose all your money, never half of it.

Respect those who make a living lying down or standing up, never those who do so sitting down.

Separate the holy and the profane.

Do crazy things (break furniture once in a while), like the Greeks and stay "rational" in larger decisions.

If you dislike someone, leave him alone or eliminate him; don't attack him verbally