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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
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Nassim Nicholas Taleb
Age: 64
Born: 1960
Born: September 11
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Economist
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Mathematician
Philosopher
Statistician
University Teacher
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Nassim Nicholas Najib Taleb
Nassim Taleb
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This is the tragedy of modernity: as with neurotically overprotective parents, those trying to help are often hurting us the most.
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It does not matter how frequently something succeeds if failure is too costly to bear.
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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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Poverty is clearly one source of emotional suffering, but there are others, like loneliness.
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The world we live in is vastly different from the world we think we live in.
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Someone who says I am busy is either declaring incompetence (and lack of control of his life) or trying to get rid of you.
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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.
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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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Only the autodidacts are free.
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If my detractors knew me better they would hate me even more.
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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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I hated school because I liked to daydream and the system tried to stop me from that.
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If you're going to fail, you'd rather fail early than fail late in general.
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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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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.
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The worst side effect of wealth is the social associations it forces on its victims, as people with big houses end up socializing with other people with big houses.
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People focus on role models it is more effective to find antimodels - people you don't want to resemble when you grow up
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Decomposition, for most, starts when they leave the free, social, and uncorrupted college life for the solitary confinement of professions and nuclear families.
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We favor the visible, the embedded, the personal, the narrated, and the tangible we scorn the abstract.
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Luck is the grand equalizer.
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