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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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I disagree with the followers of Marx and those of Adam Smith: the reason free markets work is because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill.
Nassim Nicholas Taleb
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Simplicity is not so simple to attain.
Nassim Nicholas Taleb
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Forecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.
Nassim Nicholas Taleb
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It might be useful to be able to predict war. But tension does not necessarily lead to war, but often to peace and to denouement.
Nassim Nicholas Taleb
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The grandchildren should not bear the debts of the grandparents.
Nassim Nicholas Taleb
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The sucker's trap is when you focus on what you know and what others don't know, rather than the reverse.
Nassim Nicholas Taleb
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The characteristic feature of the loser is to bemoan, in general terms, mankind's flaws, biases, contradictions, and irrationality - without exploiting them for fun and profit
Nassim Nicholas Taleb
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Those who do not think that employment is systemic slavery are either blind or employed.
Nassim Nicholas Taleb
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If you are in banking and lending, surprise outcomes are likely to be negative for you.
Nassim Nicholas Taleb
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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.
Nassim Nicholas Taleb
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But it remains the case that you know what is wrong with a lot more confidence than you know what is right.
Nassim Nicholas Taleb
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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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Is the economy something organic or is it something engineered? I think it's closer to the organic. You harm it by artificially suppressing volatility in it.
Nassim Nicholas Taleb
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The world we live in is vastly different from the world we think we live in.
Nassim Nicholas Taleb
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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.
Nassim Nicholas Taleb
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It is a sign of weakness to avoid showing signs of weakness.
Nassim Nicholas Taleb
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I'm a capitalist but one who is smallist and localist, and who favours businesses where owners are still in charge.
Nassim Nicholas Taleb
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The inability to predict outliers implies the inability to predict the course of history
Nassim Nicholas Taleb
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If you're going to fail, you'd rather fail early than fail late in general.
Nassim Nicholas Taleb
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Globalization has created this interlocking fragility. At no time in the history of the universe has the cancellation of a Christmas order in New York meant layoffs in China.
Nassim Nicholas Taleb