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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
Together
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Economic
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Bind
More quotes by Nassim Nicholas Taleb
Life is a tightrope between two errors: generalizing the wrong particular and particularizing the wrong general.
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Experience is devoid of the cherry-picking that we find in studies.
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The traits I respect are erudition and the courage to stand up when half-men are afraid for their reputation. Any idiot can be intelligent.
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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.
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I always remind myself that what one observes is at best a combination of variance and returns, not just returns.
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Don't cross a river if it is four feet deep on average.
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The fool generalizes the particular the nerd particularizes the general some do both and the wise does neither
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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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We should reward people, not ridicule them, for thinking the impossible.
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Never take advice from someone wearing a tie.
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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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The fragile wants tranquility, the antifragile grows from disorder, and the robust doesn't care too much.
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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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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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Comfort makes you weaker. We need some variability, some stressors. Not too much, but just enough.
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An erudite is someone who displays less than he knows a journalist or consultant the opposite.
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There are systems that use failure as fuel for improvement, where the cost of failure is small.
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The fastest way to become rich is to socialize with the poor the fastest way to become poor is to socialize with the rich.
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To bankrupt a fool, give him information.
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You will be civilized on the day you can spend a long period doing nothing, learning nothing, and improving nothing, without feeling the slightest amount of guilt.
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