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The American people will eventually get hurt by this accumulated deficit. That's the problem. We have too much deficit. We have to find a solution.
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
American
Problem
Find
Accumulated
Much
Deficit
People
Solution
Eventually
Solutions
Hurt
More quotes by Nassim Nicholas Taleb
I'm in favour of religion as a tamer of arrogance. For a Greek Orthodox, the idea of God as creator outside the human is not God in God's terms. My God isn't the God of George Bush.
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Probability is not a mere computation of odds on the dice or more complicated variants it is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance.
Nassim Nicholas Taleb
I hated school because I liked to daydream and the system tried to stop me from that.
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.
Nassim Nicholas Taleb
Being an economist is the least ethical profession, closer to charlatanism than any science.
Nassim Nicholas Taleb
We should ban banks from risk-taking because society is going to pay the price.
Nassim Nicholas Taleb
Greatness starts with the replacement of hatred with polite disdain.
Nassim Nicholas Taleb
The traits I respect are erudition and the courage to stand up when half-men are afraid for their reputation. Any idiot can be intelligent.
Nassim Nicholas Taleb
Don't read newspapers for the news (just for the gossip and, of course, profiles of authors). The best filter to know if the news matters is if you hear it in cafes, restaurants... or (again) parties.
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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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Stoicism is about the *domestication* of emotions, not their elimination.
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The rationalist imagines an imbecile-free society the empiricist and imbecile-proof one, or even better, a rationalist-proof one.
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The fragile wants tranquility, the antifragile grows from disorder, and the robust doesn't care too much.
Nassim Nicholas Taleb
He who has never sinned is less reliable than he who has only sinned once.
Nassim Nicholas Taleb
Never take advice from someone wearing a tie.
Nassim Nicholas Taleb
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
I'd rather have the market tell us what - I'd rather have events precipitate events, rather than just sit there like passive people in Washington.
Nassim Nicholas Taleb
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
What we need to do is break the financial community's grip on society.
Nassim Nicholas Taleb
Also, it's good to have more than one profession, in case your own profession goes out of style. A Wall Street trader who's also a belly dancer will do a lot better than a trader who winds up driving a taxi.
Nassim Nicholas Taleb
