Maximum of an average is necessarily less volatile than the average maximum Auteur: Nassim Nicholas Taleb Copy Quote More from Nassim Nicholas Taleb “It has been more profitable for us to bind together in the wrong direction than…” “The observation of the numerous misfortunes that attend all conditions forbids …” “The imagination of the genius vastly surpasses his intellect; the intellect of …” “Modernity has replaced ethics with legalese, and the law can be gamed with a go…”