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What we need to do is break the financial community's grip on society.
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
Writer
Nassim Nicholas Najib Taleb
Nassim Taleb
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More quotes by Nassim Nicholas Taleb
If I could predict what my day would exactly look like, I would feel a little bit dead.
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He who has never sinned is less reliable than he who has only sinned once. And someone who has made plenty of errors-though never the same error more than once-is more reliable than someone who has never made any.
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Injecting some confusion stabilizes the system.
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Luck is the grand equalizer.
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The person you are most afraid to contradict is yourself.
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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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When I trade, I don't have an agency problem I have my neck on the line. When a bank or banker trades, it's not his neck on the line.
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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.
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I lift heavy weights and sprint, but I am so bad at it that I develop severe injuries.
Nassim Nicholas Taleb
For the classics philosophical insight was the product of a life of leisure for me a life of leisure is the product of philosophical insight.
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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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Comfort makes you weaker. We need some variability, some stressors. Not too much, but just enough.
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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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[A] theory is a very dangerous thing to have.
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We know from chaos theory that even if you had a perfect model of the world, you'd need infinite precision in order to predict future events. With sociopolitical or economic phenomena, we don't have anything like that.
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Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same the antifragile gets better.
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Alan Greenspan is unskilled you don't take the unskilled seriously.
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It is a sign of weakness to avoid showing signs of weakness.
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Most so-called writers keep writing and writing with the hope, some day, to find something to say.
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Modernity widened the distance between the sensational and the relevant.
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