Showing posts with label books. Show all posts
Showing posts with label books. Show all posts
Thursday, April 18, 2013
Friday, February 8, 2013
Wednesday, December 5, 2012
on the usefulness of knowledge
"McKinsey Quarterly: You question many of the underpinnings of modern financial theory. If you were the dean of a business school, how would you overhaul the curriculum?
Nassim Nicholas Taleb: I would tell people to learn more accounting, more
computer science, more business history, more financial history. And I would
ban portfolio theory immediately. It’s what caused the problems. Frankly,
anything in finance that has equations is suspicious. I would also ban the use of statistics because unless you know statistics very, very well, it’s a dangerous, double-edged sword. And I would ban linear regression. All these things don’t work."
(in McKinsey Quarterly)
Sunday, August 12, 2012
Friday, May 11, 2012
long term is undermined
"Any Private Equity fund is likely to last longer than the average marriage, and while an active secondary market does exist, a Private Equity fund commitment should be thought of as essentially long term."
Sunday, April 15, 2012
Tuesday, January 10, 2012
happiness™
provavelmente um dos melhores livros que já li - e um dos melhores livros alguma vez escritos.
para além disso, uma boa forma de aprender novas palavras.
"Human nature, at its best, had always been based on a deep heroic restlessness, on wanting something - something else, something more, whether it be true love or a glimpse just beyond the horizon. It was the promise of happiness, not the attainment of it, that had driven the entire engine, the folly and glory of who we are."
"The two most important phrases in the human language are "If only" and "Maybe someday". Our past mistakes and our unrequited longings. The things we regret and the things we yearn for. That's what makes us who we are."
“Hellraisers destroy only themselves, and they do it because they love life too much to fall asleep.”
"We spend our lives constructing elaborate mansions made of cards - and then spend the rest of our lives waiting for someone to bump the table. Hoping for someone to bump the table. We dress for yesterday's weather. We hold our breath. We confuse our memories with who we are ..."
"Tough!" shouted Edwin. "Because the world doesn't care. We can't wish reality away. We can't simply agree to close our eyes and hug ourselves into believing that old age, death, and disillusionment don't exist. They do, May. Whether we like it or not. Life is just one damn thing after another, but it's still the only game in town. We can't afford to sleepwalk through it, because we've only got the one go around. Dum vivimus, vivamus! 'While we live, let us live to the fullest.' Dum vivimus, vivamus."
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