“Are you in a universe which is ruled by natural laws and, therefore, is stable, firm, absolute - and knowable? Or are you in an incomprehensible chaos, a realm of inexplicable miracles, an unpredictable, unknowable flux, which your mind is impotent to grasp? The nature of your actions - and of your ambition - will be different, according to which set of answers you come to accept.” MindDifferentActionLawReligionUniverseNaturalAnswersAcceptingAmbitionMiracleAbsolutesChaosFirmRealmsStableUnpredictableNatural LawInexplicableFlux Book:Philosophy: Who Needs It Source: Philosophy: Who Needs It
“Unfortunately, skill in evaluating the business prospects of a firm is not sufficient for successful stock trading, where the key question is whether the information about the firm is already incorporated in the price of the stock. Traders apparently lackthe skill to answer this crucial question, but they appear to be ignorant of their ignorance.” AnswersSuccessfulInformationIgnoranceKeysSkillsInvestingIgnorantFirmSufficientCrucialTradingProspectsTraders Book:Thinking, Fast and Slow Source: Thinking, Fast and Slow