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Luck is the grand equalizer.
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
Equalizer
Grand
Luck
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Poverty is clearly one source of emotional suffering, but there are others, like loneliness.
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Your reputation is harmed the most by what you say to defend it.
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Maximum of an average is necessarily less volatile than the average maximum
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Karl Marx, a visionary, figured out that you can control a slave much better by convincing him he is an employee.
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Just as being nice to the arrogant is no better than being arrogant toward the nice, being accommodating toward anyone committing a nefarious action condones it.
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Charm is the ability to insult people without offending them nerdiness the reverse
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I've debated many economists who claim to specialize in risk and probability: when one takes them slightly outside their narrow focus, but within the discipline of probability, they fall apart, with the disconsolate face of a gym rat in front of a gangster hit man.
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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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If you're going to fail, you'd rather fail early than fail late in general.
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true humility is when you can surprise yourself more than others the rest is either shyness or good marketing
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I remind myself of Einstein's remark that common sense is nothing but a collection of misconceptions acquired by age 18.
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If you don't feel that you haven't read enough, you haven't read enough.
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People used to wear ordinary clothes weekdays, and formal attire on Sunday. Today it is the exact reverse.
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Never ask a trader if he is profitable: you can easily see it in his gesture and gait.
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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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Economics make homeopath and alternative healers look empirical and scientific.
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History is opaque. You see what comes out, not the script that produces events, [...] The generator of historical events is different from the events themselves, much as the minds of the gods cannot be read just by witnessing their deeds.
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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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It's not a good idea to take a forecast from someone wearing a tie. If possible, tease people who take themselves and their knowledge too seriously.
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Anything organic requires some dose of variability so it can adapt all the time, and fixing things is not a good idea.
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