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Your reputation is harmed the most by what you say to defend it.

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
Harmed
Defend
Reputation

More quotes by Nassim Nicholas Taleb

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If you let markets - in general, my belief is that if you let markets give you information, they'll give you the information rather than artificially prop up everything.
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Read books are far less valuable than unread ones.
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Probability is not about the odds, but about the belief in the existence of an alternative outcome, cause, or motive.
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Heroes are heroes because they are heroic in behavior, not because they won or lost.
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Ideas come and go, stories stay.
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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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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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Please, don’t drive a school bus blindfolded.
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Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms.
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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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Someone who says I am busy is either declaring incompetence (and lack of control of his life) or trying to get rid of you.
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It does not matter how frequently something succeeds if failure is too costly to bear.
Nassim Nicholas Taleb
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Poverty is clearly one source of emotional suffering, but there are others, like loneliness.
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You never win an argument until they attack your person.
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Never ask a trader if he is profitable: you can easily see it in his gesture and gait.
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It is a sign of weakness to avoid showing signs of weakness.
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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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What fools call wasting time is most often the best investment.
Nassim Nicholas Taleb
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We know from chaos theory that even if you had a perfect model of the world, you'd need infinite precision in order to predict future events. With sociopolitical or economic phenomena, we don't have anything like that.
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Never think that lack of variability is stability. Don't confuse lack of volatility with stability, ever.
Nassim Nicholas Taleb