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We should reward people, not ridicule them, for thinking the impossible.

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
Thinking
People
Ridicule
Reward
Rewards
Impossible

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Life is a tightrope between two errors: generalizing the wrong particular and particularizing the wrong general.
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You will be civilized on the day you can spend a long period doing nothing, learning nothing, and improving nothing, without feeling the slightest amount of guilt.
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What is nonmeasurable and nonpredictable will remain nonmeasurable and nonpredictable ... no matter how much hate mail I get.
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Stoicism is about the *domestication* of emotions, not their elimination.
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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.
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Don't disturb complicated systems that have been around for a very long time. We don't understand their logic. Don't pollute the planet. Leave it the way we found it, regardless of scientific 'evidence'.
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We should probably stop trading derivatives, anything more complex than regular options ... I am an options trader, and I don't understand options. How do you want a regulator to understand them?
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When you develop your opinions on the basis of weak evidence, you will have difficulty interpreting subsequent information that contradicts these opinions, even if this new information is obviously more accurate.
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We know from chaos theory that even if you had a perfect model of the world, you'd need infinite precision in order to predict future events. With sociopolitical or economic phenomena, we don't have anything like that.
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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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What fools call wasting time is most often the best investment.
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It is a sign of weakness to avoid showing signs of weakness.
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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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Wit seduces by signaling intelligence without nerdiness.
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Forecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.
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My best definition of a nerd: someone who asks you to explain an aphorism
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Don't ask the barber whether you need a haircut, and don't ask an academic if what he does is relevant.
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Never trust a journalist unless she's your mother.
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Asking science to explain life and vital matters is equivalent to asking a grammarian to explain poetry.
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If you let markets - in general, my belief is that if you let markets give you information, they'll give you the information rather than artificially prop up everything.
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