Science is the belief
in the ignorance of experts
Richard Feynman
The are two ways to tell the story of the twentieth century,” writes Matt Ridley, a self-proclaimed rational optimist. “You can describe a series of wars, revolutions, crises, epidemics, financial calamities. Or you can point to the gentle but inexorable rise in the quality of life of almost everybody on the planet: the swelling of income, the conquest of disease, the disappearance of parasites, the retreat of want, the increasing persistence of peace, the lengthening of life, the advances in technology.
Yes life is getting better in almost all fields, yes all. It's a process, it's evolution it's getting faster. Everyday we invest, improve and trough trial and error the world goes forward bit by bit.
Top down inventions, and government programs are responsible for an amazing few improvements in our world. where do progress comes from? bottom up granular research and experiments.
yes the future will be even better.Violence & crime are going down everywhere (Countries that engage in trade) for 200 years.
the struggle for survival is getting less acute. People have more options, travel is not an adventure anymore.
As Matt Ridley says very clearly the good old days were never good!
We want Berlin to remain a place where average earners
can afford do live
Matthias Kollatz-Ahnen, City Finance chief FT
A recent study by swiss bank UBS found that Vancouver
topped the list of six cities worldwide in housing bubble status. House prices
in all of them are up about 50% since 2011
A Gary Shilling
Just as you do not have to listen to the local singer,
but can hear Placido Domingo, so you do not have to be thought by local teacher
in the modern world
Matt Ridley
"I never dreamed about success. I worked for
it."
Estee Lauder
The reward of a thing well done is to have done
it.
‘trial’ and error is a tremendously powerfull process
for solving problems in a complex world. While expert leadership is not.
Tim Hartford
"The strategy for the discoverers and entrepreneurs is to rely less on top-down planning and focus on maximum tinkering and recognizing opportunities when they present themselves. So I disagree with the followers of Marx and those of Adam Smith: the reason free markets work is because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or "incentives" for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can."
Author: Nassim Nicholas Taleb
This is the way to do better to improve , try often , try a lot and keep doing what works. Boat designs that sunk are not repeated but boat designs that are afloat....The ocen decides what should be done. In the markets you shoud try a lot and stop what is not working.
Don't spend money in consultants, just figure out what is working.
