Thursday, August 30, 2012

Quote of the Day: Marginal Utility: The Essence of Life is Some Volatility

Consider that all the wealth of the world can't buy a liquid more pleasurable than water after intense thirst. Few objects bring more thrill than a recovered wallet (or laptop) lost on a train.

The essence of life is some volatility.

This is from Black Swan author Nassim Nicholas Taleb (Facebook page link)

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