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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
Ridicule
Reward
Rewards
Impossible
Thinking
People

More quotes by Nassim Nicholas Taleb

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Globalization has created this interlocking fragility. At no time in the history of the universe has the cancellation of a Christmas order in New York meant layoffs in China.
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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.
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What fools call wasting time is most often the best investment.
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Capitalism is about adventurers who get harmed by their mistakes, not people who harm others with their mistakes.
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[A] theory is a very dangerous thing to have.
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What we need to do is break the financial community's grip on society.
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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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Anything organic requires some dose of variability so it can adapt all the time, and fixing things is not a good idea.
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Ideas come and go, stories stay.
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Those who do not think that employment is systemic slavery are either blind or employed.
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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.
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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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Modernity has replaced ethics with legalese, and the law can be gamed with a good lawyer.
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Daily news and sugar confuse our system in the same manner.
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Debt is a mistake between lender and borrower, and both should suffer.
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Go to parties. You can't even start to know what you may find on the envelope of serendipity. If you suffer from agoraphobia, send colleagues.
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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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Forecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.
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Never trust a journalist unless she's your mother.
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You don't become completely free by just avoiding being a slave you also need to avoid becoming a master.
Nassim Nicholas Taleb