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Steve Jobs, Bill Gates and Mark Zuckerberg didn't finish college. Too much emphasis is placed on formal education - I told my children not to worry about their grades but to enjoy learning.

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
Worry
Gates
Education
Finish
Enjoy
Bill
Jobs
Bills
Steve
Didn
Mark
Emphasis
Children
College
Placed
Much
Told
Formal
Learning
Grades

More quotes by Nassim Nicholas Taleb

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It is a sign of weakness to avoid showing signs of weakness.
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[A] theory is a very dangerous thing to have.
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If you don't feel that you haven't read enough, you haven't read enough.
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Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal citizens require. Citizens should experience anxiety about their own businesses (which they control), not their investments (which they do not control).
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If something is going on, I hear about it. I like to talk to people, I socialise. Television is a waste of time. Human contact is what matters.
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The number of managers with great track records in a given market depends far more on the number of people who started in the investment business (in place of going to dental school), rather than on their ability to produce profits.
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Poverty is clearly one source of emotional suffering, but there are others, like loneliness.
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Read books are far less valuable than unread ones.
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Writing is the art of repeating oneself without anyone noticing.
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A prophet is not someone with special visions, just someone blind to most of what others see
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Daily news and sugar confuse our system in the same manner.
Nassim Nicholas Taleb
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An option hides where we don't want it to hide.
Nassim Nicholas Taleb
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There are systems that use failure as fuel for improvement, where the cost of failure is small.
Nassim Nicholas Taleb
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Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.
Nassim Nicholas Taleb
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I disagree with the followers of Marx and those of Adam Smith: the reason free markets work is because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill.
Nassim Nicholas Taleb
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We should ban banks from risk-taking because society is going to pay the price.
Nassim Nicholas Taleb
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The best test of whether someone is extremely stupid (or extremely wise) is whether financial and political news makes sense to him.
Nassim Nicholas Taleb
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Wittgenstein's ruler: Unless you have confidence in the ruler's reliability, if you use a ruler to measure a table you may also be using the table to measure the ruler.
Nassim Nicholas Taleb
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There is no effective difference between guessing a variable that is not random, but for which information is partial or deficient, and a random one. In this sense, guessing (what I don't know, but what someone else may know) and predicting (what has not taken place yet) are the same thing.
Nassim Nicholas Taleb
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We should probably stop trading derivatives, anything more complex than regular options ... I am an options trader, and I don't understand options. How do you want a regulator to understand them?
Nassim Nicholas Taleb