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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
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Nassim Nicholas Taleb
Age: 64
Born: 1960
Born: September 11
Author
Economist
Essayist
Mathematician
Philosopher
Statistician
University Teacher
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Nassim Nicholas Najib Taleb
Nassim Taleb
Failing
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Unconsciously
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Failure
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If something is going on, I hear about it. I like to talk to people, I socialise. Television is a waste of time. Human contact is what matters.
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You want to be yourself, idiosyncratic the collective (school, rules, jobs, technology) wants you generic to the point of castration.
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A man without a heroic bent starts dying at the age of thirty.
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Don't cross a river if it is four feet deep on average.
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They think that intelligence is about noticing things are relevant (detecting patterns) in a complex world, intelligence consists in ignoring things that are irrelevant (avoiding false patterns)
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Probability is not about the odds, but about the belief in the existence of an alternative outcome, cause, or motive.
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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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The fastest way to become rich is to socialize with the poor the fastest way to become poor is to socialize with the rich.
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It does not matter how frequently something succeeds if failure is too costly to bear.
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Never take advice from someone wearing a tie.
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Only in recent history has working hard signaled pride rather than shame for lack of talent, finesse and, mostly, sprezzatura .
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A prophet is not someone with special visions, just someone blind to most of what others see
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Daily news and sugar confuse our system in the same manner.
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There are systems that use failure as fuel for improvement, where the cost of failure is small.
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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.
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I'm a capitalist but one who is smallist and localist, and who favours businesses where owners are still in charge.
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Umberto Eco is the owner of a large personal library of almost 30,000 books that he has not read. [To him] read books are far less valuable than unread ones.
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Most so-called writers keep writing and writing with the hope, some day, to find something to say.
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There are secrets to our world that only practice can reveal, and no opinion or analysis will ever capture in full.
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