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It is my great hope someday, to see science and decision makers rediscover what the ancients have always known. Namely that our highest currency is respect.
Nassim Nicholas Taleb
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Nassim Nicholas Taleb
Age: 64
Born: 1960
Born: September 11
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Economist
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Mathematician
Philosopher
Statistician
University Teacher
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Nassim Nicholas Najib Taleb
Nassim Taleb
Science
Currency
Great
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Always
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Highest
Respect
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More quotes by Nassim Nicholas Taleb
Much of aging comes from a misunderstanding of the effect of comfort.
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
When some systems are stuck in a dangerous impasse, randomness and only randomness can unlock them and set them free.
Nassim Nicholas Taleb
If you roll dice, you know that the odds are one in six that the dice will come up on a particular side. So you can calculate the risk. But, in the stock market, such computations are bull - you don't even know how many sides the dice have!
Nassim Nicholas Taleb
If I could predict what my day would exactly look like, I would feel a little bit dead.
Nassim Nicholas Taleb
Only in recent history has working hard signaled pride rather than shame for lack of talent, finesse and, mostly, sprezzatura .
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
Prediction, not narration, is the real test of our understanding of the world.
Nassim Nicholas Taleb
It is also naïve empiricism to provide, in support of some argument, series of eloquent confirmatory quotes by dead authorities. By searching, you can always find someone who made a well-sounding statement that confirms your point of view and, on every topic, it is possible to find another dead thinker who said the exact opposite.
Nassim Nicholas Taleb
He who has never sinned is less reliable than he who has only sinned once. And someone who has made plenty of errors-though never the same error more than once-is more reliable than someone who has never made any.
Nassim Nicholas Taleb
I'm a capitalist but one who is smallist and localist, and who favours businesses where owners are still in charge.
Nassim Nicholas Taleb
A mistake is not something to be determined after the fact, but in the light of the information until that point.
Nassim Nicholas Taleb
The fool generalizes the particular the nerd particularizes the general some do both and the wise does neither
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
Probability is not about the odds, but about the belief in the existence of an alternative outcome, cause, or motive.
Nassim Nicholas Taleb
Anything organic requires some dose of variability so it can adapt all the time, and fixing things is not a good idea.
Nassim Nicholas Taleb
The sucker's trap is when you focus on what you know and what others don't know, rather than the reverse.
Nassim Nicholas Taleb
There are systems that use failure as fuel for improvement, where the cost of failure is small.
Nassim Nicholas Taleb
Anything that provides you with very, very stable income, very stable conditions, maybe generally stable, that often, it masks real risks, risks of blow-ups.
Nassim Nicholas Taleb
The same past data can confirm a theory and its exact opposite! If you survive until tomorrow, it could mean that either a) you are more likely to be immortal or b) that you are closer to death.
Nassim Nicholas Taleb
