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A good maxim allows you to have the last word without even starting a conversation.
Nassim Nicholas Taleb
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Nassim Nicholas Taleb
Age: 64
Born: 1960
Born: September 11
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Economist
Essayist
Mathematician
Philosopher
Statistician
University Teacher
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Nassim Nicholas Najib Taleb
Nassim Taleb
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More quotes by Nassim Nicholas Taleb
When you beat up someone physically, you get excercise and stress relief when you assault him verbally on the Internet, you just harm yourself.
Nassim Nicholas Taleb
When you develop your opinions on the basis of weak evidence, you will have difficulty interpreting subsequent information that contradicts these opinions, even if this new information is obviously more accurate.
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I'm a capitalist but one who is smallist and localist, and who favours businesses where owners are still in charge.
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Stoicism is about the *domestication* of emotions, not their elimination.
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An erudite is someone who displays less than he knows a journalist or consultant the opposite.
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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
Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.
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Things always become obvious after the fact
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Poverty is clearly one source of emotional suffering, but there are others, like loneliness.
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If humans fight the last war, nature fights the next one.
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People used to wear ordinary clothes weekdays, and formal attire on Sunday. Today it is the exact reverse.
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Economics make homeopath and alternative healers look empirical and scientific.
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If you're going to fail, you'd rather fail early than fail late in general.
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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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The sucker's trap is when you focus on what you know and what others don't know, rather than the reverse.
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[A] theory is a very dangerous thing to have.
Nassim Nicholas Taleb
When you ask people, 'What's the opposite of fragile?,' they tend to say robust, resilient, adaptable, solid, strong. That's not it. The opposite of fragile is something that gains from disorder.
Nassim Nicholas Taleb
Heroes are heroes because they are heroic in behavior, not because they won or lost.
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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.
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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
