Quotes About Benefit

Every time you use a coffeemaker for your morning cappuccino, you are benefiting from the fragility of the coffeemaking entrepreneur who failed. He failed in order to help put the superior merchandise on your kitchen counter.

It happens that uncertainty, disorder, and the unknown are completely equivalent in their effect: antifragile systems benefit (to some degree) from, and the fragile is penalized by, almost all of them—even if you have to find them in separate buildings of the university campuses and some philosophaster who has never taken real risks in his life, or, worse, never had a life, would inform you that "they are clearly not the same thing.

If both the positive and the negative consequences of an action fell on its author, our learning would be fast. But often an action's positive consequences benefit only its author, since they are visible, while the negative consequences, being invisible, apply to others, with a net cost to society.

So I end this section with a thought. It is quite perplexing that those from whom we have benefited the most aren't those who have tried to help us (say with "advice") but rather those who have actively tried—but eventually failed—to harm us.

The hidden benefit of antifragility is that you can guess worse than random and still end up outperforming.

they unarguably saved more lives than were lost.

while the statements are dressed up to look as if they were made for the benefit of the collective.

It is quite perplexing that those from whom we have benefited the most aren't those who have tried to help us (say with "advice") but rather those who have actively tried—but eventually failed—to harm us.

as self-interest can be the driver of growth.

but runs the risk of killing a few, with a net benefit to society.

In fact the rest are already benefiting from the contribution of the minority.

Lembre-se da assimetria fundamental: o antifrágil beneficia-se com a volatilidade e a desordem; o frágil é prejudicado. Bem, tempo e desordem são a mesma coisa.

who benefited from a market cycle.

they are explicitly designed to benefit from market volatility.

provided one is acting for the benefit of the collective.

try to benefit from rare events, events that do not tend to repeat themselves frequently, but, accordingly, present a large payoff when they occur.

gives me some form of advantage.

In the end this is a trivial decision making rule: I am very aggressive when I can gain exposure to positive Black Swans -- when a failure would be of small moment -- and very conservative when I am under threat from a negative Black Swan. I am very aggressive when an error in a model can benefit me, and paranoid when an error can hurt.

Accidentul pozitiv (ca în cazul medicamentului pentru hipertensiune care a produs beneficii colaterale ce au condus apoi la Viagra) a reprezentat metoda central? a empiriÈ™tilor în descoperirea medical?. AceeaÈ™i idee poate fi generalizat? în cazul vieÈ›ii: profitaÈ›i la maxim de întâmpl?rile fericite din jur.

You can only convince people who think they can benefit from being convinced.

In fact for most people except those that are very ill, the risks outweigh the benefits.

What must it have been like to believe in something greater than oneself? To accept imperfection and look to a rising vision of all we could never be? It must have been comforting. It must have been frightening. It must have lifted people from the mundane, but also justified all sorts of evil. I often wonder if the bright benefit of belief outweighed the darkness its abuse could bring.

I often wonder if the bright benefit of belief outweighed the darkness it's abuse could bring.

On the one hand, forcing other people to clean up our mess violates basic notions of fairness. On the other hand, actually preventing climate-change problems would require societies today to make investments, some of them costly, to benefit people in the faraway future. It's like asking teenagers to save for their grandchildren's retirement. Or, maybe, for somebody else's grandchildren. Not many would do it.