ALBERT EINS

People can fool themselves into believing they understand something more deeply than they really do. It often comes from being focused on learning the wrong thing, such as the name of something instead of what it really is.

We have to learn when we know, when we don't know, what it...

There is always an element of fools of randomness and crooks of randomness in matters of uncertainty; one has a lack of understanding, the second has warped incentives. One, the fool, takes risks he doesn’t understand, mistaking his own past luck for skills, the other, the crook, transfers risks ...