Quotes About Hidden

stability is not good for the economy: firms become very weak during long periods of steady prosperity devoid of setbacks, and hidden vulnerabilities accumulate silently under the surface—so delaying crises is not a very good idea.

And the Black Swan is what we leave out of simplification.

What survives must be good at serving some (mostly hidden) purpose that time can see but our eyes and logical faculties can't capture.

some classes of people use hidden options and harm the collective without anyone realizing.

One of the methods, called sortes virgilianae (fate as decided by the epic poet Virgil), involved opening Virgil's Aeneid at random and interpreting the line that presented itself as direction for the course of action. You should use such method for every sticky business decision. I will repeat until I get hoarse: the ancients evolved hidden and sophisticated ways and tricks to exploit randomness. For

I have had the privilege to work with colleagues who have hidden paranoid disorders that come to the surface on occasion.

In fact for most people except those that are very ill, the risks outweigh the benefits. Except that the long-term medical risks are hidden; they will play out in the long run, whereas the legal risk is immediate. This is no different from the Bob Rubin risk-transfer trade, of delaying risks and making them look invisible.

encouraging traders to make steady money at the expense of hidden risks of Black Swans, consequential losses.

what you see is likely to be less Black Swannish than what you do not see.

We call this the problem of silent evidence.

the long-term harm is largely unaccounted for.

But there is an alternative; it is less obvious and remains unseen.

they may never become noticeable.

And as a risk taker, only time counts—for I could fool my accountant with steady earnings with a lot of hidden risk, but time will eventually reveal them.

charm lies in the unsaid, the unwritten, and the undisplayed.

Silent evidence is what events use to conceal their own randomness, particularly the Black Swan type of randomness.

The hidden risk transfer is not limited to bankers and corporations.

those hidden asymmetries that do not immediately come to mind

Some become antifragile at the expense of others by getting the upside (or gains) from volatility, variations, and disorder and exposing others to the downside risks of losses or harm. And such antifragility-at-the-cost-of-fragility-of-others is hidden

gravest of all manifestations of silent evidence, the illusion of stability. The

The hidden costs of health care are largely in the denial of antifragility.

the benefits are small, and visible—and the costs very large, delayed, and hidden.

What I tried to do was to show certain inner "movements" by which I had long been attracted; in fact, I might even say that, ever since I was a child, these movements, which are hidden under the commonplace, harmless appearances of every instant of our lives, had struck and held my attention.

Self-destruction is an act best performed in the dark.