Extract from Nassim Taleb
Nassim Taleb is a Lebanese born Economist Philosopher. I was introduced to his work not long ago and have since found great pearls in his blog: FOOLED BY RANDOMNESS. A diary of notes and equations.
Here is an extract.
132- Life’s Barbells –The Barbell Heuristic
(Barbells are more robust than monomodal strategies.)
Walk most of the time, sprint as fast as you can on the occasion; never jog.
Fast for long periods of famine, then feast; never diet.
Endorse Nick Clegg & David Cameron, in combination, never labor.
For social life, a linear combination of Fat Tony & philosophers outperforms the frequentation of middle brows.
Go for city-states under loose empires, never nation-states.
Be a flåneur, lounging most of the time; then work as intensely as possible for a maximum of one hour; never work at low intensity –the 4-Hour Workweek.
Do nothing most of the time, then workout like a nut as intensely & unpredictably as possible.
Invest mostly in close to no-risk, (cash inflation protected, 80-90%), and maximal risk securities (10-20%); never in medium risk.
Read trashy gossip magazines and classics or sophisticated works; never the New York Times (or something even more aberrant, Newsweek).
Talk to graduate students or the highest caliber scholars; never, never, never medium academics.
Lose all your money, never half of it.
Respect those who make a living lying down or standing up, never those who do so sitting down.
Separate the holy and the profane.
Do crazy things (break furniture once in a while), like the Greeks and stay “rational” in larger decisions.
If you dislike someone, leave him alone or eliminate him; don’t attack him verbally.
The photo above is me preparing gaucho style sirloin on an open flame. Utica – NY
Current location: San Clemente