The thing that I've observed about the truly great investors is that they have an absolute obsession about not losing money. It's a very different orientation from people who are obsessed with making money. The ones obsessed with not losing money tend to make a great deal of it.
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For example, the fundamental question of AI risk — what chance of extinction we should accept in exchange for a shot at utopia — depends crucially on how much we value survival. Things get even more confusing when we weigh the utility of real people who are alive today against the utility of potential people who might be alive later on.
Noah Smith
Life might be a race against time, but it is enriched when we rise above our instincts and stop the clock to process and understand what we are doing and why. A wise decision requires reflection, and reflection requires pause. The converse of Socrates's famous admonition is that the examined life just might be worth living.
Maria Popova
The most erroneous stories are those we think we know best — and therefore never scrutinize or question.
Stephen Jay Gould — The Flamingo's Smile: Reflections in Natural History