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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
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Economist
Essayist
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
The person you are most afraid to contradict is yourself.
Nassim Nicholas Taleb
It is often the mistakes of others that benefit the rest of us and, sadly, not them ... For the antifragile, harm from errors should be less than the benefits.
Nassim Nicholas Taleb
It is remarkable how fast and how effectively you can construct a nationality with a flag , a few speeches, and a national anthem to this day I avoid the label Lebanese, preferring the less restrictive Levantine designation.
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
I suppose that the main benefit of being rich (over just being independent) is to be able to despise rich people (a good concentration of whom you find in glitzy ski resorts) without any sour grapes. It is even sweeter when these farts don't know that you are richer than they are.
Nassim Nicholas Taleb
There is no effective difference between guessing a variable that is not random, but for which information is partial or deficient, and a random one. In this sense, guessing (what I don't know, but what someone else may know) and predicting (what has not taken place yet) are the same thing.
Nassim Nicholas Taleb
Never trust a journalist unless she's your mother.
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
Poverty is clearly one source of emotional suffering, but there are others, like loneliness.
Nassim Nicholas Taleb
To bankrupt a fool, give him information.
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
We should ban banks from risk-taking because society is going to pay the price.
Nassim Nicholas Taleb
Prediction, not narration, is the real test of our understanding of the world.
Nassim Nicholas Taleb
The best test of whether someone is extremely stupid (or extremely wise) is whether financial and political news makes sense to him.
Nassim Nicholas Taleb
Let me be more aggressive: we are largely better at doing than we are at thinking, thanks to antifragility. I’d rather be dumb and antifragile than extremely smart and fragile, any time.
Nassim Nicholas Taleb
The number of managers with great track records in a given market depends far more on the number of people who started in the investment business (in place of going to dental school), rather than on their ability to produce profits.
Nassim Nicholas Taleb
Don't ask the barber whether you need a haircut, and don't ask an academic if what he does is relevant.
Nassim Nicholas Taleb
Asking science to explain life and vital matters is equivalent to asking a grammarian to explain poetry.
Nassim Nicholas Taleb
Being an economist is the least ethical profession, closer to charlatanism than any science.
Nassim Nicholas Taleb
If my detractors knew me better they would hate me even more.
Nassim Nicholas Taleb
