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It was obvious that their profits were simply cash borrowed from destiny with some random payback time.
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
Obvious
Destiny
Risk
Borrowed
Simply
Profits
Time
Random
Cash
Profit
Management
More quotes by Nassim Nicholas Taleb
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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Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have—or don’t have—in their portfolio.
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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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Most people are sceptical about the wrong things and gullible about the wrong things.
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Life is a tightrope between two errors: generalizing the wrong particular and particularizing the wrong general.
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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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Wit seduces by signaling intelligence without nerdiness.
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What we need to do is break the financial community's grip on society.
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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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Only the autodidacts are free.
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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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When you write, you don't have the social constraints of having people in front of you, so you talk about abstract matters.
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Doctors most commonly get mixed up between absence of evidence and evidence of abense
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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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It is remarkable how fast and how effectively you can construct a nationality with a flag , a few speeches, and a national anthem to this day I avoid the label Lebanese, preferring the less restrictive Levantine designation.
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The best test of whether someone is extremely stupid (or extremely wise) is whether financial and political news makes sense to him.
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If you're going to fail, you'd rather fail early than fail late in general.
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To succeed in life requires a total inability to do anything that makes you uncomfortable when you look at yourself in the mirror.
Nassim Nicholas Taleb
Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same the antifragile gets better.
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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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