A Quote by Nassim Nicholas Taleb
It is often the mistakes of others that benefit the rest of us and, sadly, not them ... For the antifragile, harm from errors should be less than the benefits.
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Information is antifragile; it feeds more on attempts to harm it than it does on efforts to promote it.
It is often sadly remarked that the bad economists present their errors to the public better than the good economists present their truths. It is often complained that demagogues can be more plausible in putting forward economic nonsense from the platform than the honest men who try to show what is wrong with it.
We have to live with the rest of the world. And it's a mistake, in my view. Trade has generally developed in this country. We actually export 12 or 13 percent of our GDP. It was only 5 percent in 1970. But it benefits us. It benefits the rest of the world. It doesn't benefit the steelworker maybe in Ohio. And that's the problem that has to be addressed, because when you have something that's good for society, but terribly harmful for given individuals, we have got to make sure those individuals are taken care of.
[Science] dissipates errors born of ignorance about our true relations with nature, errors the more damaging in that the social order should rest only on those relations. TRUTH! JUSTICE! Those are the immutable laws. Let us banish the dangerous maxim that it is sometimes useful to depart from them and to deceive or enslave mankind to assure its happiness.
Here's a memonic device that I feel teaches how we can properly cope with failure. Forget about your failures; don't dwell on past mistakes Anticipate failure; realize that we all make mistakes. Intensity in everything you do; never be a failure for lack of effort. Learn from your mistakes; don't repeat previous errors. Understand why you failed; diagnose your mistakes so as to not repeat them. Respond, don't react to errors; responding corrects mistakes while reacting magnifies them. Elevate your self-concept. It's OK to fail, everyone does; now how are you going to deal with the failure
Foreign investors will not come and do things without any returns for themselves. And we don't expect them to come work for us free. But the local population should benefit rightfully. The locals should benefit just a little more than the companies.
In our concern for others, we worry less about ourselves. When we worry less about ourselves an experience of our own suffering is less intense. What does this tell us? Firstly, because our every action has a universal dimension, a potential impact on others' happiness, ethics are necessary as a means to ensure that we do not harm others. Secondly, it tells us that genuine happiness consists in those spiritual qualities of love, compassion, patience, tolerance and forgiveness and so on. For it is these which provide both for our happiness and others' happiness.
Capitalism is about adventurers who get harmed by their mistakes, not people who harm others with their mistakes.
Be proud of your mistakes. Well, proud may not be exactly the right word, but respect them, treasure them, be kind to them, learn from them. And, more than that, and more important than that, make them. Make mistakes. Make great mistakes, make wonderful mistakes, make glorious mistakes. Better to make a hundred mistakes than to stare at a blank piece of paper too scared to do anything wrong.
Leaders of nations, and people whose wealth or fame gives them power over the lives of others quite often do more harm than good.
Scandal often does as much harm to the listeners as to those who devise it, even if it were to do no other harm than disturb the mind, as it does, and give rise to temptations to speak or write about it to others.
The violence done us by others is often less painful than that which we do to ourselves.
I have often wondered how it is that every man loves himself more than all the rest of men, but yet sets less value on his own opinions of himself than on the opinions of others.
If men do their best endeavours to free themselves from all errors, and yet fail of it through human frailty, so well I am persuaded of the goodness of God, that if in me alone should meet a confluence of all such errors of all the Protestants in the world that were thus qualified, I should not be so much afraid of them all, as I should be to ask pardon for them.
The past is dead, and nothing that we can choose to believe about it can harm or benefit those who were
alive in it. On the other hand, it has the power to harm us.
You should be forgiving when others make mistakes, but not when the mistakes are in you. You should be patient under duress yourself, but not when it affects others.
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