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The psychologist Gerd Gigerenzer has a simple heuristic. Never ask the doctor what you should do. Ask him what he would do if he were in your place. You would be surprised at the difference
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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More quotes by Nassim Nicholas Taleb
Forecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.
Nassim Nicholas Taleb
I'd rather have the market tell us what - I'd rather have events precipitate events, rather than just sit there like passive people in Washington.
Nassim Nicholas Taleb
Charm is the ability to insult people without offending them nerdiness the reverse
Nassim Nicholas Taleb
You have a real life if and only if you do not compete with anyone in any of your pursuits.
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
A prophet is not someone with special visions, just someone blind to most of what others see
Nassim Nicholas Taleb
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).
Nassim Nicholas Taleb
Also, it's good to have more than one profession, in case your own profession goes out of style. A Wall Street trader who's also a belly dancer will do a lot better than a trader who winds up driving a taxi.
Nassim Nicholas Taleb
You want to be yourself, idiosyncratic the collective (school, rules, jobs, technology) wants you generic to the point of castration.
Nassim Nicholas Taleb
Those who do not think that employment is systemic slavery are either blind or employed.
Nassim Nicholas Taleb
When we want to do something while unconsciously certain to fail, we seek advice so we can blame someone else for the failure.
Nassim Nicholas Taleb
Debt is a mistake between lender and borrower, and both should suffer.
Nassim Nicholas Taleb
If I could predict what my day would exactly look like, I would feel a little bit dead.
Nassim Nicholas Taleb
There is a certain category of fool-the overeducated, the academic, the journalist, the newspaper reader, the mechanistic scientist, the pseudo-empiricist, those endowed with what I call epistemic arrogance, this wonderful ability to discount what they did not see, the unobserved.
Nassim Nicholas Taleb
The book is the only medium left that hasn't been corrupted by the profane.
Nassim Nicholas Taleb
The best way to measure the loss of intellectual sophistication - this nerdification, to put it bluntly - is in the growing disappearance of sarcasm, as mechanic minds take insults a bit too literally.
Nassim Nicholas Taleb
To bankrupt a fool, give him information.
Nassim Nicholas Taleb
Your reputation is harmed the most by what you say to defend it.
Nassim Nicholas Taleb
Heroes are heroes because they are heroic in behavior, not because they won or lost.
Nassim Nicholas Taleb
Experience is devoid of the cherry-picking that we find in studies.
Nassim Nicholas Taleb
