Underestimating uncertainty (IM 836)

It is a human nature that we overestimate what we know and underestimate the uncertainty. We always tend to underestimate the uncertain events. We just can’t predict. We humans are so bad at prediction. None of us predicted the likelihood of computers 40 years ago, the internet 20 years ago, Tesla 10 years ago and…

There is one thing you must do (IM 835)

Nassim Nicholas Taleb in his book “The Black Swan“, wrote the following, which I find very insightful: “There is one thing in this world you must never forget to do. If you forget everything else and not this, there’s nothing to worry about, but if you remember everything else and forget this, then you will…

The driving force of Capitalism (IM 834)

A 300-year history of an idea: “Greed is Good”, has been considered as the DNA of Capitalism. In 18th century, Adam Smith, father of Economics, described Capitalism as an economic system based on self-interest. It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from…

Properties of rational mind (IM 833)

Marcus Aurelius in his “Meditation” journal of Book 11 wrote that following are the properties of rational mind: i. Self-perception ii. Self-analysis iii. Affection for their neighbor iv. Truthfulness v. Humility Furthermore, he mentions rational mind understands that those who come after us will see nothing different and those who came before us saw no…

Run. Run. Run (IM 832)

One of the best therapies I’ve discovered for me is running. My goal of running is not to maintain physical fitness or gain something but just to run. After all, at the end, all those come as a by products. The clearance of the mind, the illuminance of the imagination and the resonance of the…

Nature’s job (IM 831)

Marcus Aurelius, in his book “Meditations” said that the nature’s job is to shift things elsewhere, transform them, pick them up and move them here and there. It’s job is to make constant change. There is nothing new happening here. Everything is related and familiar. The good of one people is bad for another and…

Never ending circle (IM 830)

There is a saying that goes, ” For everything you gain you lose something and for everything you lose you gain something.” This has been so true in my life. And today is the day that best resembles this quote. There is something positive in my way forward for the thing that I lost. This…

Be suspicious… (IM 829)

… of “because”. This word is used to explain any thing from history to science to any day to day moments. But the explanation is never the fact. It’s an opinion. Facts are statistics and statistics are invisible. “Becauses” blinds the true facts. Being suspicious of “because” always help us to think in multidimension. And…

Non-linearities (IM 827)

The most tragic thing is that the world is more nonlinear than we think and it can not be expressed or described in a words. With linearities, everything seems clear and constant. An increase a variable will increase the result. for example: an increase in investment will increase the rate of return, a 10 percent…