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If you don't feel that you haven't read enough, you haven't read enough.
Nassim Nicholas Taleb
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Nassim Nicholas Taleb
Age: 64
Born: 1960
Born: September 11
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Economist
Essayist
Mathematician
Philosopher
Statistician
University Teacher
Writer
Nassim Nicholas Najib Taleb
Nassim Taleb
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More quotes by Nassim Nicholas Taleb
I hated school because I liked to daydream and the system tried to stop me from that.
Nassim Nicholas Taleb
Decomposition, for most, starts when they leave the free, social, and uncorrupted college life for the solitary confinement of professions and nuclear families.
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
Economics make homeopath and alternative healers look empirical and scientific.
Nassim Nicholas Taleb
Never ask a trader if he is profitable: you can easily see it in his gesture and gait.
Nassim Nicholas Taleb
It was obvious that their profits were simply cash borrowed from destiny with some random payback time.
Nassim Nicholas Taleb
People focus on role models it is more effective to find antimodels - people you don't want to resemble when you grow up
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
Don't ask the barber whether you need a haircut, and don't ask an academic if what he does is relevant.
Nassim Nicholas Taleb
You want to be yourself, idiosyncratic the collective (school, rules, jobs, technology) wants you generic to the point of castration.
Nassim Nicholas Taleb
What we need to do is break the financial community's grip on society.
Nassim Nicholas Taleb
I always remind myself that what one observes is at best a combination of variance and returns, not just returns.
Nassim Nicholas Taleb
It's not a good idea to take a forecast from someone wearing a tie. If possible, tease people who take themselves and their knowledge too seriously.
Nassim Nicholas Taleb
Things always become obvious after the fact
Nassim Nicholas Taleb
Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.
Nassim Nicholas Taleb
History is opaque. You see what comes out, not the script that produces events, [...] The generator of historical events is different from the events themselves, much as the minds of the gods cannot be read just by witnessing their deeds.
Nassim Nicholas Taleb
Also, it's good to have more than one profession, in case your own profession goes out of style. A Wall Street trader who's also a belly dancer will do a lot better than a trader who winds up driving a taxi.
Nassim Nicholas Taleb
Forecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.
Nassim Nicholas Taleb
Writing is the art of repeating oneself without anyone noticing.
Nassim Nicholas Taleb
The psychologist Gerd Gigerenzer has a simple heuristic. Never ask the doctor what you should do. Ask him what he would do if he were in your place. You would be surprised at the difference
Nassim Nicholas Taleb
