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Modernity: we created youth without heroism, age without wisdom, and life without grandeur
Nassim Nicholas Taleb
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Nassim Nicholas Taleb
Age: 64
Born: 1960
Born: September 11
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Economist
Essayist
Mathematician
Philosopher
Statistician
University Teacher
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Nassim Nicholas Najib Taleb
Nassim Taleb
Life
Modernity
Grandeur
Heroism
Created
Youth
Wisdom
Age
Without
More quotes by Nassim Nicholas Taleb
Don't cross a river if it is four feet deep on average.
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Few understand that procrastination is our natural defense, letting things take care of themselves and exercise their antifragility it results from some ecological or naturalistic wisdom, and is not always bad - at an existential level, it is my body rebelling against its entrapment. It is my soul fighting the Procrustean bed of modernity.
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Simplicity is not so simple to attain.
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The best test of whether someone is extremely stupid (or extremely wise) is whether financial and political news makes sense to him.
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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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Please, don’t drive a school bus blindfolded.
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Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal citizens require. Citizens should experience anxiety about their own businesses (which they control), not their investments (which they do not control).
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What fools call wasting time is most often the best investment.
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Someone bemoaned that there were so few women in economics. But there are also very few men in economics.
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We should reward people, not ridicule them, for thinking the impossible.
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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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They are born, put in a box they go home to live in a box they study by ticking boxes they go to what is called work in a box, where they sit in their cubicle box they drive to the grocery store in a box to buy food in a box they talk about thinking outside the box and when they die they are put in a box.
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Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have—or don’t have—in their portfolio.
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The inability to predict outliers implies the inability to predict the course of history
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Dress your best on your execution day. Be extremely courteous to your assistant when you lose money. Try not to blame others for your fate, even if they deserve blame. Never exhibit any self-pity. Do not complain.
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
Injecting some confusion stabilizes the system.
Nassim Nicholas Taleb
They think that intelligence is about noticing things are relevant (detecting patterns) in a complex world, intelligence consists in ignoring things that are irrelevant (avoiding false patterns)
Nassim Nicholas Taleb
Those who do not think that employment is systemic slavery are either blind or employed.
Nassim Nicholas Taleb
While in theory randomness is an intrinsic property, in practice, randomness is incomplete information.
Nassim Nicholas Taleb
