Yin And Yang

Yin And Yang
Balance

Tuesday, February 9, 2010

Focus your efforts on your one Big Idea for best results.

"There is a quote by Paul Valery.  He met Einstein at a party in the 1920s, and he asked him

'Do you carry a notebook' around?

 Einstein asked, 'Why?',

and Valeria said 'To write down your ideas, to put them down,'

and Einstein said, 'I only have one idea.'

Conclusion:
 To succeed, you only have to have one idea—two ideas, you’re dead.

Or at least this is how Nassim Taleb interprets this conversation.

 He says he has only one big idea:  UNCERTAINTY.


Uncertainty regarding markets has two parts:
i) math and computation
ii) psychology