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You get pseudo-order when you seek order you only get a measure of order and control when you embrace randomness.

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
Control
Order
Randomness
Pseudo
Measure
Embrace
Seek

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Wit seduces by signaling intelligence without nerdiness.
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The inability to predict outliers implies the inability to predict the course of history
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While in theory randomness is an intrinsic property, in practice, randomness is incomplete information.
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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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Those who do not think that employment is systemic slavery are either blind or employed.
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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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If you're going to fail, you'd rather fail early than fail late in general.
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Every social association that is not face-to-face is injurious to your health.
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It's harder to say 'no' when you really mean it.
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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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It was obvious that their profits were simply cash borrowed from destiny with some random payback time.
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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.
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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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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.
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Most so-called writers keep writing and writing with the hope, some day, to find something to say.
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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.
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Success is becoming in middle adulthood what you dreamed to be in late childhood.
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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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Go to parties. You can't even start to know what you may find on the envelope of serendipity. If you suffer from agoraphobia, send colleagues.
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When you write, you don't have the social constraints of having people in front of you, so you talk about abstract matters.
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