Antifragile Quote 20 – Wisdom is Better Than Knowledge

he solved the problem of antifragility—what connects the elements of the Triad—using Stoic philosophy.

Lucius Annaeus Seneca was a philosopher who happened to be the wealthiest person in the Roman Empire,

Because Seneca was into practical decision making, he has been described—by academics—as not theoretical or philosophical enough.

My point is that wisdom in decision making is vastly more important—not just practically, but philosophically—than knowledge.

Other philosophers, when they did things, came to practice from theory.

Modern members of the discipline of decision theory, alas, travel a one-way road from theory to practice. They characteristically gravitate to the most complicated but most inapplicable problems, calling the process “doing science.”

Stoicism makes you desire the challenge of a calamity. And Stoics look down on luxury: about a fellow who led a lavish life, Seneca wrote: “He is in debt, whether he borrowed from another person or from fortune.”

Seneca’s version of that Stoicism is antifragility from fate. No downside from Lady Fortuna, plenty of upside.

intellectuals have this thing against antifragility—for them the world tends to stop at robustness.

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