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Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms.
Nassim Nicholas Taleb
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Nassim Nicholas Taleb
Age: 64
Born: 1960
Born: September 11
Author
Economist
Essayist
Mathematician
Philosopher
Statistician
University Teacher
Writer
Nassim Nicholas Najib Taleb
Nassim Taleb
Business
Deliver
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Storm
Calm
Late
Treacherous
Realize
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Banking
Water
Waters
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Debt is a mistake between lender and borrower, and both should suffer.
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[A] theory is a very dangerous thing to have.
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My best definition of a nerd: someone who asks you to explain an aphorism
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Those who do not think that employment is systemic slavery are either blind or employed.
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Avoid losers. If you hear someone use the words 'impossible', 'never', 'too difficult' too often, drop him or her from your social network.
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Read books are far less valuable than unread ones. The library should contain as much of what you do not know as your financial means, mortgage rates, and the currently tight real-estate market alow you to put there.
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There are systems that use failure as fuel for improvement, where the cost of failure is small.
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It is a sign of weakness to avoid showing signs of weakness.
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It was obvious that their profits were simply cash borrowed from destiny with some random payback time.
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We should reward people, not ridicule them, for thinking the impossible.
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Love without sacrifice is like theft
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What fools call wasting time is most often the best investment.
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Wit seduces by signaling intelligence without nerdiness.
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What is nonmeasurable and nonpredictable will remain nonmeasurable and nonpredictable ... no matter how much hate mail I get.
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It is often the mistakes of others that benefit the rest of us and, sadly, not them ... For the antifragile, harm from errors should be less than the benefits.
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