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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
Right
Direction
Limits
Ignorance
Economic
Alone
Knowledge
Wrong
Bind
Together
Profitable

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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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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.
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Go to parties. You can't even start to know what you may find on the envelope of serendipity. If you suffer from agoraphobia, send colleagues.
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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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Economics make homeopath and alternative healers look empirical and scientific.
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A prophet is not someone with special visions, just someone blind to most of what others see
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An erudite is someone who displays less than he knows a journalist or consultant the opposite.
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Success is becoming in middle adulthood what you dreamed to be in late childhood.
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I don't know anyone on Wall Street who goes to work every day thinking of anything but how to increase their bonus.
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Charm is the ability to insult people without offending them nerdiness the reverse
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Missing a train is only painful if you run after it! Likewise, not matching the idea of success others expect from you is only painful if that’s what you are seeking.
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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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If my detractors knew me better they would hate me even more.
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The bonus for bankers fragilizes the system. Someone has the upside at the expense of others.
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Doctors most commonly get mixed up between absence of evidence and evidence of abense
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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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Probability is not about the odds, but about the belief in the existence of an alternative outcome, cause, or motive.
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A washing machine needs constant maintenance. It doesn't want any harm. It wants tranquility, and you need someone to - you're not going to harm it by continuously monitoring it and adjusting it.
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Please, don’t drive a school bus blindfolded.
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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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