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It has been more profitable for us to bind together in the wrong direction than to be alone in the right one.
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
Economic
Alone
Knowledge
Wrong
Bind
Together
Profitable
Right
Direction
Limits
Ignorance
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You want to be yourself, idiosyncratic the collective (school, rules, jobs, technology) wants you generic to the point of castration.
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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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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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The grandchildren should not bear the debts of the grandparents.
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If you're going to fail, you'd rather fail early than fail late in general.
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You never win an argument until they attack your person.
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The inability to predict outliers implies the inability to predict the course of history
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To succeed in life requires a total inability to do anything that makes you uncomfortable when you look at yourself in the mirror.
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Another definition of modernity: conversations can be more and more completely reconstructed with clips from other conversations taking place at the same time on the planet.
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Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have—or don’t have—in their portfolio.
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I want them poor and they deserve to be poor. You can't have capitalism without punishment.
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We should ban banks from risk-taking because society is going to pay the price.
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Dress your best on your execution day. Be extremely courteous to your assistant when you lose money. Try not to blame others for your fate, even if they deserve blame. Never exhibit any self-pity. Do not complain.
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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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I remind myself of Einstein's remark that common sense is nothing but a collection of misconceptions acquired by age 18.
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Life is a tightrope between two errors: generalizing the wrong particular and particularizing the wrong general.
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