Wednesday, December 10, 2008

Quotes from "Fooled by Randomness"

* A mathematician is absorbed in what goes into his head, while a scientist searches what is outside of him.

* Heroes are heroes because they are heroic in behavior, not because they won or lost.

* Rational Thinking seems to do is to rationalize one's action by fitting some logic to them.

* Risk detection and avoidance are not mediated in thinking part of the brain but "emotional one"

*commonsense is nothing but a collection of misconceptions gained by age eighteen.

* Probability is an introspective field of inquiry.

*Past is always deterministic

* History flows forward, we envision it backward.

*Unlike other hard sciences history cannot lend itself to experimentation.

* Wealth does not count as much to one's well being as the route to get to it.

*History teaches us that things that did not happen before do happen.

* Science is mere speculation, mere formulation of conjecture.

*Generally attitude of epic heroism accompanies rapid enrichment.

* Work ethics is another name for Inefficient Mediocrity

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