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.
Yes I know my enemies. They're the teachers who taught me to fight me, compromise, conformity, assimilation, submission, ignorance, hypocrisy, brutality, the elite, all of which are American dreams.
Every man is a creature of the age in which he lives and few are able to raise themselves above the ideas of the time.
Brothers, he who dies here dies in the radiance of the future, and we are entering a tomb all flooded with the dawn.
I have yet to see a serious act of violence that was not provoked by the experience of feeling shamed and humiliated, disrespected and ridiculed, and that did not represent the attempt to prevent or undo this βloss of faceββno matter how severe the punishment, even if it includes death.
She is very clever, too clever for a woman. She lacks the indefinable charm of weakness.
Yes, know thyself: in great concerns or small, be this thy care, for this, my friend, is all.
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