This is critical to understand independence, antifragility, ‘f*ck $$$’ attitude, selfownership, etc. etc. (The Gambler) #NothingToLose #TheOnlyWayOUTIsALLIN
(This came 8 years after the f*ck $$$ idea was formulated in The Black Swan (my book), except that it misses the later development; as Fat Tony explains; ‘f*ck you’ is not financial, but a state of mind.
(For example, people on minimum-wage are more likely to have it.)
– Nassim Nicholas Taleb (www.fooledbyrandomness.com)