Quotes.

I am indeed thrown arbitrarily into history. I therefore choose to voluntarily shoulder the responsibility of my advantages and the burden of my disadvantages--like every other individual. I am morally bound to pay for my advantages with my responsibility. I am morally bound to accept my disadvantages as the price I pay for being. I will therefore strive not to descend into bitterness and then seek vengeance because I have less to my credit and a greater burden to stumble forward with than others."

We all know that if you swing for the fences, you're going to strike out a lot, but you're also going to hit some home runs. The difference between baseball and business, however, is that baseball has a truncated outcome distribution. When you swing, no matter how well you connect with the ball, the most runs you can get is four. In business, every once in a while, when you step up to the plate, you can score one thousand runs. This long-tailed distribution of returns is why it's important to be bold. Big winners pay for so many experiments.

Because “beautiful” is never, ever love. We romanticize this culturally, but we’re wrong. Love is pushing energy toward them, not wanting or pulling their energy to you. Not sometimes, or “for as long as it seems fair.” Always. Love is never keeping score on energy exchange. Love is only offering. Anything else is attachment and ego. We think the parent-child relationship somehow saves love — maintains it in some pure form — but we’re often wrong. Every reason to have a child is fundamentally selfish or socially-construed, and everybody lives with this dynamic hanging over them from a parent. And that the bigger question in love is more like “how” we’ll love as an act so hard and fast and deep, and less about “to whom” or “why.”

In an essay I wrote for high school students, I said a good rule of thumb was to stay upwind-- to work on things that maximize your future options. The principle applies for adults too, though perhaps it has to be modified to: stay upwind for as long as you can, then cash in the potential energy you've accumulated when you need to pay for kids.

Some decisions are consequential and irreversible or nearly irreversible – one-way doors – and these decisions must be made methodically, carefully, slowly, with great deliberation and consultation. If you walk through and don’t like what you see on the other side, you can’t get back to where you were before. We can call these Type 1 decisions. But most decisions aren’t like that – they are changeable, reversible – they’re two-way doors. If you’ve made a suboptimal Type 2 decision, you don’t have to live with the consequences for that long. You can reopen the door and go back through. Type 2 decisions can and should be made quickly by high judgment individuals or small groups.

All men dream: but not equally. Those who dream by night in the dusty recesses of their minds wake up in the day to find it was vanity, but the dreamers of the day are dangerous men, for they may act their dreams with open eyes, to make it possible.

Buddhism has a concept called beginner’s mind, which is an active openness to trying new things and studying new ideas, unburdened by past preconceptions, like a beginner would. Knowing you have a competitive advantage is often the enemy of beginner’s mind, because doing well reduces the incentive to explore other ideas, especially when those ideas conflict with your proven strategy. Which is dangerous. Being locked into a single view is fatal in an economy where reversion to the mean and competition constantly dismantles old strategies.

I never allow myself to have an opinion on anything that I don't know the other side's argument better than they do.

Also he (Hitler) has grasped the falsity of the hedonistic attitude to life. Nearly all western thought since the last war, certainly all ‘progressive’ thought, has assumed tacitly that human beings desire nothing beyond ease, security and avoidance of pain. In such a view of life there is no room, for instance, for patriotism and the military virtues. The Socialist who finds his children playing with soldiers is usually upset, but he is never able to think of a substitute for the tin soldiers; tin pacifists somehow won’t do. Hitler, because in his own joyless mind he feels it with exceptional strength, knows that human beings don’t only want comfort, safety, short working-hours, hygiene, birth-control and, in general, common sense; they also, at least intermittently, want struggle and self-sacrifice, not to mention drums, flags and loyalty-parades. However they may be as economic theories, Fascism and Nazism are psychologically far sounder than any hedonistic conception of life. The same is probably true of Stalin’s militarized version of Socialism. All three of the great dictators have enhanced their power by imposing intolerable burdens on their peoples. Whereas Socialism, and even capitalism in a more grudging way, have said to people ‘I offer you a good time,’ Hitler has said to them ‘I offer you struggle, danger and death,’ and as a result a whole nation flings itself at his feet. Perhaps later on they will get sick of it and change their minds, as at the end of the last war. After a few years of slaughter and starvation ‘Greatest happiness of the greatest number’ is a good slogan, but at this moment ‘Better an end with horror than a horror without end’ is a winner. Now that we are fighting against the man who coined it, we ought not to underrate its emotional appeal.

The most painful state of being is remembering the future

And it’s why, whatever you have chosen to work on, it has to be worthy of your time here. Because if you have any success at all, it will be at least a decade of your life. A decade of life where you are doing nothing but working on the problem you have chosen, obsessing over it and neglecting friends and family, a decade of barely taking care of yourself because there isn’t enough time to do anything but build.

But fortunately someone at Scientific American was insightful enough to test a man with a bicycle, and man with a bicycle won. Twice as good as the Condor, all the way off the list. And what it showed was that man is a toolmaker, has the ability to make a tool to amplify an inherent ability that he has. And that’s exactly what we’re doing here. A computer is a bicycle for the mind.