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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
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Economist
Essayist
Mathematician
Philosopher
Statistician
University Teacher
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Nassim Nicholas Najib Taleb
Nassim Taleb
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Order
Randomness
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More quotes by Nassim Nicholas Taleb
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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Umberto Eco is the owner of a large personal library of almost 30,000 books that he has not read. [To him] read books are far less valuable than unread ones.
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Life is a tightrope between two errors: generalizing the wrong particular and particularizing the wrong general.
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We should reward people, not ridicule them, for thinking the impossible.
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Economics make homeopath and alternative healers look empirical and scientific.
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Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.
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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.
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If you are in banking and lending, surprise outcomes are likely to be negative for you.
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Academia is to knowledge what prostitution is to love.
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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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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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Philosophers talk about truth and falsehood. People in life talk about payoff, exposure, and consequences (risks and rewards), hence fragility and antifragility. And sometimes philosophers and thinkers and those who study conflate Truth with risks and rewards.
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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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[A] theory is a very dangerous thing to have.
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For the classics philosophical insight was the product of a life of leisure for me a life of leisure is the product of philosophical insight.
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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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Doctors most commonly get mixed up between absence of evidence and evidence of abense
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.
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The more data we have, the more likely we are to drown in it.
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If you don't feel that you haven't read enough, you haven't read enough.
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