The Knowledge


11 Quotes

"1. Finite time, which is within our control and the realm of near-term planning, and"
The Knowledge
The Fine Balance between Short-Term & Long-Term Planning
"2. Infinite time, which encompasses externalities and events that are out of our control."
The Knowledge
The Fine Balance between Short-Term & Long-Term Planning
"The infinite monkey theorem demonstrates the potential power of infinite time – if a group of monkeys were to type randomly on a keyboard for an eternity, they would eventually produce the complete works of Shakespeare."
The Knowledge
The Fine Balance between Short-Term & Long-Term Planning
"""If you live long enough, you will get cancer.”"
The Knowledge
The Fine Balance between Short-Term & Long-Term Planning
"On a long enough time horizon, possibility, probability, and predictability gradually converge."
The Knowledge
The Fine Balance between Short-Term & Long-Term Planning
"One way to do this is to arbitrage finite time and prioritise development based on how quickly we can become ""dangerous"" in our chosen fields."
The Knowledge
The Fine Balance between Short-Term & Long-Term Planning
"The barbell approach to risk management, proposed by economist and philosopher Nassim Nicholas Taleb, involves taking on two extreme positions – one with a low level of risk and one with a high level of risk – rather than a moderate position with a medium level of risk."
The Knowledge
The Fine Balance between Short-Term & Long-Term Planning
"You must strike a balance between short-term planning and long-term optionality."
The Knowledge
The Fine Balance between Short-Term & Long-Term Planning
"In the near term, focus on offence and optimise for finite time."
The Knowledge
The Fine Balance between Short-Term & Long-Term Planning
"In the long term, be on defence, leveraging infinite time to prepare for the unknown."
The Knowledge
The Fine Balance between Short-Term & Long-Term Planning
"By taking on a small amount of extreme risk, you can maximise your potential for gain and minimise the potential for loss."
The Knowledge
The Fine Balance between Short-Term & Long-Term Planning

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