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Economics make homeopath and alternative healers look empirical and scientific.

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
Look
Looks
Healers
Make
Empirical
Healer
Alternative
Alternatives
Scientific
Economics

More quotes by Nassim Nicholas Taleb

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If you are in banking and lending, surprise outcomes are likely to be negative for you.
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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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The fool generalizes the particular the nerd particularizes the general some do both and the wise does neither
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The fragile wants tranquility, the antifragile grows from disorder, and the robust doesn't care too much.
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Don't ask the barber whether you need a haircut, and don't ask an academic if what he does is relevant.
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Debt is a mistake between lender and borrower, and both should suffer.
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Let me be more aggressive: we are largely better at doing than we are at thinking, thanks to antifragility. I’d rather be dumb and antifragile than extremely smart and fragile, any time.
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Don't cross a river if it is four feet deep on average.
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Experience is devoid of the cherry-picking that we find in studies.
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I always remind myself that what one observes is at best a combination of variance and returns, not just returns.
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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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As countries get rich they start increasing education and the very educated people tend to not like trial and error, because they think they're obligated to use the body of knowledge they have.
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Karl Marx, a visionary, figured out that you can control a slave much better by convincing him he is an employee.
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Never trust a journalist unless she's your mother.
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There is a certain category of fool-the overeducated, the academic, the journalist, the newspaper reader, the mechanistic scientist, the pseudo-empiricist, those endowed with what I call epistemic arrogance, this wonderful ability to discount what they did not see, the unobserved.
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What fools call wasting time is most often the best investment.
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The more data we have, the more likely we are to drown in it.
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Doctors most commonly get mixed up between absence of evidence and evidence of abense
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It is my great hope someday, to see science and decision makers rediscover what the ancients have always known. Namely that our highest currency is respect.
Nassim Nicholas Taleb
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What we do today has nothing to do with capitalism or socialism. It is a crony type of system that transfers money to the coffers of bureaucrats.
Nassim Nicholas Taleb