Debt implies a strong statement about the future, and a high degree of reliance on forecasts. If you borrow $100 and invest in a project, you still owe $100 even if you fail in the project (but you do a lot better if you succeed). So debt is dangerous if you are overconfident about the future.Nassim Nicholas Taleb
Power and Authority
-
The Bible makes a helpful distinction between “authority” and “power”. Some
disagreements would disappear, if the terms were defined more clearly and
“po...
1 day ago
No comments:
Post a Comment