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Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have—or don’t have—in their portfolio.
Nassim Nicholas Taleb
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Nassim Nicholas Taleb
Age: 64
Born: 1960
Born: September 11
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Nassim Nicholas Najib Taleb
Nassim Taleb
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More quotes by Nassim Nicholas Taleb
Scepticism is effortful and costly. It is better to be sceptical about matters of large consequences, and be imperfect, foolish and human in the small and the aesthetic.
Nassim Nicholas Taleb
Few understand that procrastination is our natural defense, letting things take care of themselves and exercise their antifragility it results from some ecological or naturalistic wisdom, and is not always bad - at an existential level, it is my body rebelling against its entrapment. It is my soul fighting the Procrustean bed of modernity.
Nassim Nicholas Taleb
Writing is the art of repeating oneself without anyone noticing.
Nassim Nicholas Taleb
Never trust a journalist unless she's your mother.
Nassim Nicholas Taleb
Wittgenstein's ruler: Unless you have confidence in the ruler's reliability, if you use a ruler to measure a table you may also be using the table to measure the ruler.
Nassim Nicholas Taleb
If you roll dice, you know that the odds are one in six that the dice will come up on a particular side. So you can calculate the risk. But, in the stock market, such computations are bull - you don't even know how many sides the dice have!
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
It's harder to say 'no' when you really mean it.
Nassim Nicholas Taleb
If you are in banking and lending, surprise outcomes are likely to be negative for you.
Nassim Nicholas Taleb
You have family-owned businesses that have been around for 500 years. You cannot name a corporation that survives intact for even a few decades.
Nassim Nicholas Taleb
I lift heavy weights and sprint, but I am so bad at it that I develop severe injuries.
Nassim Nicholas Taleb
A washing machine needs constant maintenance. It doesn't want any harm. It wants tranquility, and you need someone to - you're not going to harm it by continuously monitoring it and adjusting it.
Nassim Nicholas Taleb
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
Heroes are heroes because they are heroic in behavior, not because they won or lost.
Nassim Nicholas Taleb
If you're going to fail, you'd rather fail early than fail late in general.
Nassim Nicholas Taleb
Much of aging comes from a misunderstanding of the effect of comfort.
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
Most people are sceptical about the wrong things and gullible about the wrong things.
Nassim Nicholas Taleb
Older people are most beautiful when they have what is lacking in the young: poise, erudition, wisdom, phronesis, and this post-heroic absence of agitation.
Nassim Nicholas Taleb
The book is the only medium left that hasn't been corrupted by the profane.
Nassim Nicholas Taleb
