You cannot do anything with knowledge unless you know where it stops, and the costs of using it.

About This Quote

In order to make an informed decision, you must have a clear view of the boundaries of your knowledge. It’s easy to get caught up in the excitement of new ideas and forget that you’re still walking on very shaky ground.

Source: The Black Swan: The Impact Of The Highly Improbable

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More Quotes By Nassim Nicholas Taleb

1. Things always become obvious after the fact

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2. Reality is far more vicious than Russian roulette. First, it delivers the fatal bullet rather infrequently, like a revolver that would have hundreds, even thousands of chambers instead of six. After a few dozen tries, one forgets about the existence of a bullet, under a...

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3. Wit seduces by signaling intelligence without nerdiness.

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4. A prophet is not someone with special visions, just someone blind to most of what others see

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5. You cannot do anything with knowledge unless you know where it stops, and the costs of using it.

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