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I want them poor and they deserve to be poor. You can't have capitalism without punishment.
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
Finance
Punishment
Capitalism
Deserve
Poor
Business
Without
More quotes by 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.
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The inability to predict outliers implies the inability to predict the course of history
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Never trust a journalist unless she's your mother.
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Never ask a trader if he is profitable: you can easily see it in his gesture and gait.
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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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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
Don't cross a river if it is four feet deep on average.
Nassim Nicholas Taleb
To bankrupt a fool, give him information.
Nassim Nicholas Taleb
I don't know anyone on Wall Street who goes to work every day thinking of anything but how to increase their bonus.
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When we want to do something while unconsciously certain to fail, we seek advice so we can blame someone else for the failure.
Nassim Nicholas Taleb
Every social association that is not face-to-face is injurious to your health.
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true humility is when you can surprise yourself more than others the rest is either shyness or good marketing
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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 best test of whether someone is extremely stupid (or extremely wise) is whether financial and political news makes sense to him.
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Someone bemoaned that there were so few women in economics. But there are also very few men in economics.
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Daily news and sugar confuse our system in the same manner.
Nassim Nicholas Taleb
Just as being nice to the arrogant is no better than being arrogant toward the nice, being accommodating toward anyone committing a nefarious action condones it.
Nassim Nicholas Taleb
Greatness starts with the replacement of hatred with polite disdain.
Nassim Nicholas Taleb
Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.
Nassim Nicholas Taleb
There are systems that use failure as fuel for improvement, where the cost of failure is small.
Nassim Nicholas Taleb
