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A prophet is not someone with special visions, just someone blind to most of what others see
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
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More quotes by Nassim Nicholas Taleb
Most people are sceptical about the wrong things and gullible about the wrong things.
Nassim Nicholas Taleb
As countries get rich they start increasing education and the very educated people tend to not like trial and error, because they think they're obligated to use the body of knowledge they have.
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
An erudite is someone who displays less than he knows a journalist or consultant the opposite.
Nassim Nicholas Taleb
Capitalism is about adventurers who get harmed by their mistakes, not people who harm others with their mistakes.
Nassim Nicholas Taleb
The bonus for bankers fragilizes the system. Someone has the upside at the expense of others.
Nassim Nicholas Taleb
Injecting some confusion stabilizes the system.
Nassim Nicholas Taleb
Your reputation is harmed the most by what you say to defend it.
Nassim Nicholas Taleb
The American people will eventually get hurt by this accumulated deficit. That's the problem. We have too much deficit. We have to find a solution.
Nassim Nicholas Taleb
The book is the only medium left that hasn't been corrupted by the profane.
Nassim Nicholas Taleb
Daily news and sugar confuse our system in the same manner.
Nassim Nicholas Taleb
Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.
Nassim Nicholas Taleb
Maximum of an average is necessarily less volatile than the average maximum
Nassim Nicholas Taleb
Most so-called writers keep writing and writing with the hope, some day, to find something to say.
Nassim Nicholas Taleb
Charm is the ability to insult people without offending them nerdiness the reverse
Nassim Nicholas Taleb
I don't know anyone on Wall Street who goes to work every day thinking of anything but how to increase their bonus.
Nassim Nicholas Taleb
Cumulative errors depend largely on the big surprises, the big opportunities. Not only do economic, financial, and political predictors miss them, but they are quite ashamed to say anything outlandish to their clients and yet events, it turns out, are almost always outlandish.
Nassim Nicholas Taleb
People focus on role models it is more effective to find antimodels - people you don't want to resemble when you grow up
Nassim Nicholas Taleb
What we need to do is break the financial community's grip on society.
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