Quote

Dress your best on your execution day. Be extremely courteous to your assistant when you lose money. Try not to blame others for your fate, even if they deserve blame. Never exhibit any self-pity. Do not complain.

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
Loses
Dress
Exhibit
Others
Adversity
Assistant
Money
Pity
Assistants
Best
Dresses
Exhibits
Self
Blame
Complain
Even
Deserve
Execution
Trying
Fate
Complaining
Never
Lose
Extremely
Courteous

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Someone bemoaned that there were so few women in economics. But there are also very few men in economics.
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Ideas come and go, stories stay.
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Simplicity is not so simple to attain.
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Things always become obvious after the fact
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The book is the only medium left that hasn't been corrupted by the profane.
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It is a sign of weakness to avoid showing signs of weakness.
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Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal citizens require. Citizens should experience anxiety about their own businesses (which they control), not their investments (which they do not control).
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By setting oneself totally free of constraints, free of thoughts, free of this debilitating activity called work, free of efforts, elements hidden in the texture of reality start staring at you then mysteries that you never thought existed emerge in front of your eyes.
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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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true humility is when you can surprise yourself more than others the rest is either shyness or good marketing
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Don't cross a river if it is four feet deep on average.
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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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Anything that provides you with very, very stable income, very stable conditions, maybe generally stable, that often, it masks real risks, risks of blow-ups.
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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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Capitalism is about adventurers who get harmed by their mistakes, not people who harm others with their mistakes.
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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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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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Luck is the grand equalizer.
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