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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
Writer
Nassim Nicholas Najib Taleb
Nassim Taleb
Something
Blame
Seek
Advice
Failure
Failing
Else
Someone
Unconsciously
Certain
Fail
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You have a real life if and only if you do not compete with anyone in any of your pursuits.
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Another definition of modernity: conversations can be more and more completely reconstructed with clips from other conversations taking place at the same time on the planet.
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Stoicism is about the *domestication* of emotions, not their elimination.
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The bonus for bankers fragilizes the system. Someone has the upside at the expense of others.
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It might be useful to be able to predict war. But tension does not necessarily lead to war, but often to peace and to denouement.
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I hated school because I liked to daydream and the system tried to stop me from that.
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Wit seduces by signaling intelligence without nerdiness.
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While in theory randomness is an intrinsic property, in practice, randomness is incomplete information.
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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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When I trade, I don't have an agency problem I have my neck on the line. When a bank or banker trades, it's not his neck on the line.
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Poverty is clearly one source of emotional suffering, but there are others, like loneliness.
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If you are in banking and lending, surprise outcomes are likely to be negative for you.
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A man without a heroic bent starts dying at the age of thirty.
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The more data we have, the more likely we are to drown in it.
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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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Success is becoming in middle adulthood what you dreamed to be in late childhood.
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It is my great hope someday, to see science and decision makers rediscover what the ancients have always known. Namely that our highest currency is respect.
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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.
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Don't read newspapers for the news (just for the gossip and, of course, profiles of authors). The best filter to know if the news matters is if you hear it in cafes, restaurants... or (again) parties.
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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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