Nobody reads the disclosures that roll down your computer screen. You click 'I agree' but you don't know what you're agreeing to.
Nassim Nicholas TalebRead
I no longer care about the financial system. I gave them my roadmap. OK? Thanks, bye. I've no idea what's going on. I'm disconnected. I'm totally disengaged.
Interpretation
The quote reflects a disillusionment with the financial system and a desire for disengagement from its complexities.
Nassim Nicholas Taleb expresses a sense of detachment from the financial system, indicating that he no longer sees value in engaging with it. His declaration of being 'disconnected' and 'totally disengaged' suggests that he has reached a point of frustration or hopelessness regarding the complexities and uncertainties of finance, emphasizing a philosophical stance on the futility of trying to navigate or influence a flawed system.
In practice
In a discussion on economic policies and personal finance during a seminar.
Nobody reads the disclosures that roll down your computer screen. You click 'I agree' but you don't know what you're agreeing to.
Fragility is the quality of things that are vulnerable to volatility.
Those who were unlucky in life in spite of their skills would eventually rise. The lucky fool might have benefited from some luck in life; over the longer run he would slowly converge to the state of a less-lucky idiot. Each one would revert to his long-term properties.
Individuals should think about the worst-case scenarios and plan for them. The world will be crazier than you think it will be. Put money away, and then you can live with much more freedom.
A good maxim allows you to have the last word without even starting a conversation.
A Stoic is someone who transforms fear into prudence, pain into transformation, mistakes into initiation, and desire into undertaking.
Man lives in only one small room of the enormous house of his consciousness.
My father was a man who didn't consider himself learned. He was a man who liked to be a farmer. He enjoyed his dairy farm and felt the calling. So there was a dedication. I was dedicated as a child to the service of God, and so there was this continual centering of a greater purpose than your own.
The vast loneliness is awe-inspiring and it makes you realize just what you have back there on Earth.
Limitation is essential to authority. A government is legitimate only if it is effectively limited.
Some dying men are the most tyrannical; and certainly, since they will shortly trouble us so little for evermore, the poor fellows ought to be indulged.
To look into the eyes of a wolf is to see your own soul - hope you like what you see.
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