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I always remind myself that what one observes is at best a combination of variance and returns, not just returns.

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
Return
Best
Always
Observes
Variance
Returns
Remind
Combination

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I lift heavy weights and sprint, but I am so bad at it that I develop severe injuries.
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Only the autodidacts are free.
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My best definition of a nerd: someone who asks you to explain an aphorism
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If you're going to fail, you'd rather fail early than fail late in general.
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Stoicism is about the *domestication* of emotions, not their elimination.
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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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The fragile wants tranquility, the antifragile grows from disorder, and the robust doesn't care too much.
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The book is the only medium left that hasn't been corrupted by the profane.
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To succeed in life requires a total inability to do anything that makes you uncomfortable when you look at yourself in the mirror.
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The bonus for bankers fragilizes the system. Someone has the upside at the expense of others.
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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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We should reward people, not ridicule them, for thinking the impossible.
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What fools call wasting time is most often the best investment.
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Greatness starts with the replacement of hatred with polite disdain.
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Charm is the ability to insult people without offending them nerdiness the reverse
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Wit seduces by signaling intelligence without nerdiness.
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When you ask people, 'What's the opposite of fragile?,' they tend to say robust, resilient, adaptable, solid, strong. That's not it. The opposite of fragile is something that gains from disorder.
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Read books are far less valuable than unread ones. The library should contain as much of what you do not know as your financial means, mortgage rates, and the currently tight real-estate market alow you to put there.
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Poverty is clearly one source of emotional suffering, but there are others, like loneliness.
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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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