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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
Knowledge
Wrong
Bind
Together
Profitable
Right
Direction
Limits
Ignorance
Economic
Alone
More quotes by Nassim Nicholas Taleb
It's harder to say 'no' when you really mean it.
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By setting oneself totally free of constraints, free of thoughts, free of this debilitating activity called work, free of efforts, elements hidden in the texture of reality start staring at you then mysteries that you never thought existed emerge in front of your eyes.
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Only in recent history has working hard signaled pride rather than shame for lack of talent, finesse and, mostly, sprezzatura .
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Injecting some confusion stabilizes the system.
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An option hides where we don't want it to hide.
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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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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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Scepticism is effortful and costly. It is better to be sceptical about matters of large consequences, and be imperfect, foolish and human in the small and the aesthetic.
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Globalization has created this interlocking fragility. At no time in the history of the universe has the cancellation of a Christmas order in New York meant layoffs in China.
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My best definition of a nerd: someone who asks you to explain an aphorism
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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.
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Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.
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Modernity has replaced ethics with legalese, and the law can be gamed with a good lawyer.
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Asking science to explain life and vital matters is equivalent to asking a grammarian to explain poetry.
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Heroes are heroes because they are heroic in behavior, not because they won or lost.
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Life is a tightrope between two errors: generalizing the wrong particular and particularizing the wrong general.
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Things always become obvious after the fact
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Probability is not about the odds, but about the belief in the existence of an alternative outcome, cause, or motive.
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Greatness starts with the replacement of hatred with polite disdain.
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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.
Nassim Nicholas Taleb
