It is now the scientific consensus that our risk-avoidance mechanism is not mediated by the cognitive modules of our brain, but rather by the emotional ones. This may have made us fit for the Pleistocene era. Our risk machinery is designed to run away from tigers; it is not designed for the information-laden modern world.
--
Quoted in the introduction to "A Talk with Nassim Nicholas Taleb," Edge (April 2004)Nassim Nicholas Taleb
» Nassim Nicholas Taleb - all quotes »
Much of the research into humans' risk-avoidance machinery shows that it is antiquated and unfit for the modern world; it is made to counter repeatable attacks and learn from specifics. If someone narrowly escapes being eaten by a tiger in a certain cave, then he learns to avoid that cave.
Nassim Nicholas Taleb
To love is to risk not being loved in return. To hope is to risk pain. To try is to risk failure, but risks must be taken, because the greatest hazard in life is to risk nothing.
Leo Buscaglia
I was very much amused by the recent Newsweek article where he [Jobs] said, "I have a few good designs in me still." He never had any designs. He has not designed a single product. Woz (Steve Wozniak) designed the Apple II. Ken Rothmuller and others designed Lisa. My team and I designed the Macintosh. Wendell Sanders designed the Apple III. What did Jobs design? Nothing.
Jef Raskin
Evolution embodies information in every part of every organism. ... This information doesn't have to be copied into the brain at all. It doesn't have to be "represented" in "data structures" in the nervous system. It can be exploited by the nervous system, however, which is designed to rely on, or exploit, the information in the hormonal systems just as it is designed to rely on, or exploit, the information embodied in your limbs and eyes. So there is wisdom, particularly about preferences, embodied in the rest of the body. By using the old bodily systems as a sort of sounding board, or reactive audience, or critic, the central nervous system can be guided - sometimes nudged, sometimes slammed - into wise policies. Put it to the vote of the body, in effect. ...
Daniel C. Dennett
Here's the essence of risk management: Risk no more than you can afford to lose, and also risk enough so that a win is meaningful. If there is no such amount, don't play.
Ed Seykota
Taleb, Nassim Nicholas
Talfourd, Thomas Noon
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z