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Love without sacrifice is like theft

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
Like
Theft
Sacrifice
Without
Love

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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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Never think that lack of variability is stability. Don't confuse lack of volatility with stability, ever.
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Most people are sceptical about the wrong things and gullible about the wrong things.
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Luck is the grand equalizer.
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I no longer care about the financial system. I gave them my roadmap. OK? Thanks, bye. I've no idea what's going on. I'm disconnected. I'm totally disengaged.
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It might be useful to be able to predict war. But tension does not necessarily lead to war, but often to peace and to denouement.
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My nightmare scenario is that the government saves Citibank once again, as well as the other banks, and business resumes as usual. Then, the next time the system breaks, it breaks much, much bigger.
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By setting oneself totally free of constraints, free of thoughts, free of this debilitating activity called work, free of efforts, elements hidden in the texture of reality start staring at you then mysteries that you never thought existed emerge in front of your eyes.
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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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To bankrupt a fool, give him information.
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The characteristic feature of the loser is to bemoan, in general terms, mankind's flaws, biases, contradictions, and irrationality - without exploiting them for fun and profit
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The grandchildren should not bear the debts of the grandparents.
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Prediction, not narration, is the real test of our understanding of the world.
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Globalization has created this interlocking fragility. At no time in the history of the universe has the cancellation of a Christmas order in New York meant layoffs in China.
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We glorify those who left their names in history books at the expense of those contributors about whom our books are silent. We humans are not just a superficial race - we are a very unfair one.
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Only the autodidacts are free.
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The world we live in is vastly different from the world we think we live in.
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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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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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If you let markets - in general, my belief is that if you let markets give you information, they'll give you the information rather than artificially prop up everything.
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