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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
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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
Needs
Slave
Masters
Completely
Becoming
Free
Avoiding
Become
Thrive
Also
Avoid
Need
Master
More quotes by Nassim Nicholas Taleb
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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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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The inability to predict outliers implies the inability to predict the course of history
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Experience is devoid of the cherry-picking that we find in studies.
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Avoid losers. If you hear someone use the words 'impossible', 'never', 'too difficult' too often, drop him or her from your social network.
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It was obvious that their profits were simply cash borrowed from destiny with some random payback time.
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Cumulative errors depend largely on the big surprises, the big opportunities. Not only do economic, financial, and political predictors miss them, but they are quite ashamed to say anything outlandish to their clients and yet events, it turns out, are almost always outlandish.
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But they never notice the following inconsistency: this so-called worst-case event, when it happened, exceeded the worst case at the time.
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A man without a heroic bent starts dying at the age of thirty.
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Forecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.
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I don't know anyone on Wall Street who goes to work every day thinking of anything but how to increase their bonus.
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He who has never sinned is less reliable than he who has only sinned once.
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A competitive athlete is painful to look at trying hard to become an animal rather than a man, he will never be as fast as a cheetah or as strong as an ox.
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A verbal threat is the most authentic certificate of impotence.
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Read books are far less valuable than unread ones. The library should contain as much of what you do not know as your financial means, mortgage rates, and the currently tight real-estate market alow you to put there.
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Failure saves lives. In the airline industry, every time a plane crashes the probability of the next crash is lowered by that. The Titanic saved lives because we're building bigger and bigger ships. So these people died, but we have effectively improved the safety of the system, and nothing failed in vain.
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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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Daily news and sugar confuse our system in the same manner.
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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.
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