Nassim Taleb sat down with Daniel Kahneman - two of the sharpest minds on risk ever - and the takeaway was blunt: stop trying to be smart Kahneman's prospect theory explains why almost nobody can do what Taleb does We're wired to hate the steady trickle of small losses his strategy needs - even when one huge win more than pays for all of them So you structure it the other way: tiny safe bets plus a few wild ones, never the comfortable middle. "You'd rather be antifragile than intelligent - any time." "Trial and error is really just trial with small error." "Make your gains in small bites. Take your losses all at once." ~1 hr, free. two legends on risk, prediction, and how to win without forecasting ↓