Crook, Fool, or Both - Deepstash

Crook, Fool, or Both

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 to others.

There is another point: we may not know beforehand if an action is foolish—but reality knows.

241

1.93K reads

CURATED FROM

IDEAS CURATED BY

asimhusanovic

As an engineer with an official degree in software engineering, I am primarily interested in science and technology. I enjoy reading literature of many genres, and I especially like those from human behavior, sociology, history, and, should I say, science

The idea is part of this collection:

How To Make Friends As An Adult

Learn more about books with this collection

How to find common interests

How to be a good listener

How to overcome social anxiety

Related collections

Similar ideas to Crook, Fool, or Both

It takes practice to get good at anything

It takes practice to get good at anything

Feedback is essential when you learn a new skill. However, when people learn the skill of 'creating new habits,' they think making mistakes is a sign of being a failure and showing an utter lack of discipline.

In reality, this is not true. No one mastered anything on their...

One moment in a service is more important than any other.

In reality, although there are points in a journey where failure has more of an effect than another – being able to complete a service from start to finish is far more important than having a great experience in one moment, then not be able to complete the rest of the journey.

Heuristic Computing

  • Many problems are not conducive to algorithmic solutions.
  • Even if one understands the problem well enough, and possesses knowledge about the problem domain, and can construct an algorithm to solve the problem, the amount of computational resources (time or space) needed to execute th...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates