Revenge is the expression of weakness; punishment that of duties. While revenge is just for harm done you, punishment is noblest when it for harm done to others -and only others.
Monthly Archives: May 2011
King Louis XII was told soon after he came to the throne that he should now punish his enemies who had done him so much wrong when he was the Duke of Orleans; and he replied that it was not the concern of the King of France to avenge the injuries done to the Duke of Orleans. [Baldassare Castiglione, Il libro del cortegiano]
King Louis XII was told soon after he came to the throne that he should now punish his enemies who had done him so much wrong when he was the Duke of Orleans; and he replied that it was not the concern of the King of France to avenge the injuries done to the Duke of Orleans. [Baldassare Castiglione, Il libro del cortegiano]
I've never met any man with both an interesting conversation and an expensive watch.
I’ve never met any man with both an interesting conversation and an expensive watch.
We tend to underestimate others' ability to destroy themselves.
We tend to underestimate others’ ability to destroy themselves.
Thanks friends! The paper is here…
Thanks friends! The paper is here.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1850428
The Future Has Thicker Tails than the Past: Model Error as Branching Counterfactuals by Nassim Taleb
papers.ssrn.com
Ex ante predicted outcomes should be interpreted as counterfactuals (potential histories), with errors as the spread between outcomes. But error rates have erro