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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
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Nassim Nicholas Najib Taleb
Nassim Taleb
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Wit seduces by signaling intelligence without nerdiness.
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You want to favor systems that benefit from error, disorder, variability and things like that. You want to favor these systems and unfortunately, when - there's something I call the Soviet Illusion. The more the government becomes intrusive, the more things have to follow a script, and it can't handle this kind of system.
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There are secrets to our world that only practice can reveal, and no opinion or analysis will ever capture in full.
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Success is about honour, feeling morally calibrated, absence of shame, not what some newspaper defines from an external metric.
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You have family-owned businesses that have been around for 500 years. You cannot name a corporation that survives intact for even a few decades.
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It does not matter how frequently something succeeds if failure is too costly to bear.
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You want to be yourself, idiosyncratic the collective (school, rules, jobs, technology) wants you generic to the point of castration.
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It is a sign of weakness to avoid showing signs of weakness.
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Karl Marx, a visionary, figured out that you can control a slave much better by convincing him he is an employee.
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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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An erudite is someone who displays less than he knows a journalist or consultant the opposite.
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Only the autodidacts are free.
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Don't read newspapers for the news (just for the gossip and, of course, profiles of authors). The best filter to know if the news matters is if you hear it in cafes, restaurants... or (again) parties.
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If humans fight the last war, nature fights the next one.
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It's harder to say 'no' when you really mean it.
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Aesthetics, ethics, and many good things in humans are contagious.
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