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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
Author
Economist
Essayist
Mathematician
Philosopher
Statistician
University Teacher
Writer
Nassim Nicholas Najib Taleb
Nassim Taleb
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Hope
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Science
Currency
Great
Makers
Always
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Respect
Decision
Rediscover
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Experience is devoid of the cherry-picking that we find in studies.
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An option hides where we don't want it to hide.
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Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.
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If something is going on, I hear about it. I like to talk to people, I socialise. Television is a waste of time. Human contact is what matters.
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Please, don’t drive a school bus blindfolded.
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Being an economist is the least ethical profession, closer to charlatanism than any science.
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I want to live happily in a world I don’t understand.
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If humans fight the last war, nature fights the next one.
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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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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!
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Heroes are heroes because they are heroic in behavior, not because they won or lost.
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You don't become completely free by just avoiding being a slave you also need to avoid becoming a master.
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It is remarkable how fast and how effectively you can construct a nationality with a flag , a few speeches, and a national anthem to this day I avoid the label Lebanese, preferring the less restrictive Levantine designation.
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When we want to do something while unconsciously certain to fail, we seek advice so we can blame someone else for the failure.
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Success is about honour, feeling morally calibrated, absence of shame, not what some newspaper defines from an external metric.
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You want to favor systems that benefit from error, disorder, variability and things like that. You want to favor these systems and unfortunately, when - there's something I call the Soviet Illusion. The more the government becomes intrusive, the more things have to follow a script, and it can't handle this kind of system.
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Modernity: we created youth without heroism, age without wisdom, and life without grandeur
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A good maxim allows you to have the last word without even starting a conversation.
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Charm is the ability to insult people without offending them nerdiness the reverse
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