Taylor Pearson wrote a great article on the limits and dangers of rationalizing complex phenomena, and the opportunities of illegible ‘fat tail’ margins.
Some other gold nuggets in the article:
- The joy of reading (and logic of preferring) old books.
- Follow fingerspitzelgefühl – grandmother’s wisdom, Nassim Taleb, would say instead of modernist rationalizations.
- A tinkering budget (low downside, high upside) for the things we are exploring that are hard to see.
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