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Another definition of modernity: conversations can be more and more completely reconstructed with clips from other conversations taking place at the same time on the planet.

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
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Planet
Planets
Reconstructed
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Clips
Completely
Clip
Taking
Modernity
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Wit seduces by signaling intelligence without nerdiness.
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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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The worst side effect of wealth is the social associations it forces on its victims, as people with big houses end up socializing with other people with big houses.
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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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Daily news and sugar confuse our system in the same manner.
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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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Aesthetics, ethics, and many good things in humans are contagious.
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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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Only in recent history has working hard signaled pride rather than shame for lack of talent, finesse and, mostly, sprezzatura .
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There are systems that use failure as fuel for improvement, where the cost of failure is small.
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An option hides where we don't want it to hide.
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Never take advice from someone wearing a tie.
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If you're going to fail, you'd rather fail early than fail late in general.
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This is the tragedy of modernity: as with neurotically overprotective parents, those trying to help are often hurting us the most.
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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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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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I want them poor and they deserve to be poor. You can't have capitalism without punishment.
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He who has never sinned is less reliable than he who has only sinned once. And someone who has made plenty of errors-though never the same error more than once-is more reliable than someone who has never made any.
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We should reward people, not ridicule them, for thinking the impossible.
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What we need to do is break the financial community's grip on society.
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