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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.
Nassim Nicholas Taleb
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Nassim Nicholas Taleb
Age: 64
Born: 1960
Born: September 11
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Nassim Nicholas Najib Taleb
Nassim Taleb
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More quotes by Nassim Nicholas Taleb
I suppose that the main benefit of being rich (over just being independent) is to be able to despise rich people (a good concentration of whom you find in glitzy ski resorts) without any sour grapes. It is even sweeter when these farts don't know that you are richer than they are.
Nassim Nicholas Taleb
The fastest way to become rich is to socialize with the poor the fastest way to become poor is to socialize with the rich.
Nassim Nicholas Taleb
The bonus for bankers fragilizes the system. Someone has the upside at the expense of others.
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
You get pseudo-order when you seek order you only get a measure of order and control when you embrace randomness.
Nassim Nicholas Taleb
But they never notice the following inconsistency: this so-called worst-case event, when it happened, exceeded the worst case at the time.
Nassim Nicholas Taleb
A prophet is not someone with special visions, just someone blind to most of what others see
Nassim Nicholas Taleb
An erudite is someone who displays less than he knows a journalist or consultant the opposite.
Nassim Nicholas Taleb
Modernity: we created youth without heroism, age without wisdom, and life without grandeur
Nassim Nicholas Taleb
You don't become completely free by just avoiding being a slave you also need to avoid becoming a master.
Nassim Nicholas Taleb
I remind myself of Einstein's remark that common sense is nothing but a collection of misconceptions acquired by age 18.
Nassim Nicholas Taleb
[A] theory is a very dangerous thing to have.
Nassim Nicholas Taleb
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.
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
An option hides where we don't want it to hide.
Nassim Nicholas Taleb
You never win an argument until they attack your person.
Nassim Nicholas Taleb
The characteristic feature of the loser is to bemoan, in general terms, mankind's flaws, biases, contradictions, and irrationality - without exploiting them for fun and profit
Nassim Nicholas Taleb
There are systems that use failure as fuel for improvement, where the cost of failure is small.
Nassim Nicholas Taleb
The world we live in is vastly different from the world we think we live in.
Nassim Nicholas Taleb
The book is the only medium left that hasn't been corrupted by the profane.
Nassim Nicholas Taleb
