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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
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Don't cross a river if it is four feet deep on average.
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We glorify those who left their names in history books at the expense of those contributors about whom our books are silent. We humans are not just a superficial race - we are a very unfair one.
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What fools call wasting time is most often the best investment.
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The rationalist imagines an imbecile-free society the empiricist and imbecile-proof one, or even better, a rationalist-proof one.
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When you ask people, 'What's the opposite of fragile?,' they tend to say robust, resilient, adaptable, solid, strong. That's not it. The opposite of fragile is something that gains from disorder.
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Charm is the ability to insult people without offending them nerdiness the reverse
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Being an economist is the least ethical profession, closer to charlatanism than any science.
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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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A good maxim allows you to have the last word without even starting a conversation.
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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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Luck is the grand equalizer.
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For the classics philosophical insight was the product of a life of leisure for me a life of leisure is the product of philosophical insight.
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While in theory randomness is an intrinsic property, in practice, randomness is incomplete information.
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I lift heavy weights and sprint, but I am so bad at it that I develop severe injuries.
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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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Stoicism is about the *domestication* of emotions, not their elimination.
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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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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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