Posts tagged Nassim Taleb Rational flâneur
The Rational Flâneur: Embracing Optionality

I once flew to Ireland for a weekend. My wife and I showed up at the airport in Toronto expecting to fly standby to Paris, but the flight was full. So we hopped on the only other flight with open seats - the flight to Dublin. I didn’t know it then, but I had become a Rational Flâneur. Unlike the tourist who’s stuck in a schedule, the flâneur embraces uncertainty. They alter their course easily based on new information. They keep their options open. And you can use this idea to embrace optionality and capture upside in your life and work.

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Making Good Bets: Positioning, Timing, and Patience

Wealth creation is the process of making good bets over time. These could be what stocks you buy, what creative projects you work on, or what business you start. Three considerations go into making good bets: Positioning, Timing, and Patience. You only need to get rich once. And one good bet can do it.

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