Sublime

It is unfortunate, but the general kills the particular.

Nassim Taleb explained: “True success is exiting some rat race to modulate one’s activities for peace of mind.”

Skin in the game helps to solve the Black Swan problem and other matters of uncertainty at the level of both the individual and the collective: what has survived has revealed its robustness to Black Swan events and removing skin in the game disrupts such selection mechanisms.

Evolution can only happen if risk of extinction is present.

Under the axiom of sustainability, i.e., that “one should take risks as if you were going to do it forever,” only a logarithmic (or similar) transformation

Those who talk should do and only those who do should talk

what I’ve called the Black Swan problem—the impossibility of calculating the risks of consequential rare events and predicting their occurrence.