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The characteristic feature of the loser is to bemoan, in general terms, mankind's flaws, biases, contradictions, and irrationality - without exploiting them for fun and profit
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
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Nassim Nicholas Najib Taleb
Nassim Taleb
General
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Mankind
Loser
Fun
Flaws
Bemoan
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Contradiction
Biases
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Exploiting
Features
Irrationality
Profit
Contradictions
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Characteristic
More quotes by Nassim Nicholas Taleb
The sucker's trap is when you focus on what you know and what others don't know, rather than the reverse.
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You want to be yourself, idiosyncratic the collective (school, rules, jobs, technology) wants you generic to the point of castration.
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Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have—or don’t have—in their portfolio.
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Probability is not about the odds, but about the belief in the existence of an alternative outcome, cause, or motive.
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They are born, put in a box they go home to live in a box they study by ticking boxes they go to what is called work in a box, where they sit in their cubicle box they drive to the grocery store in a box to buy food in a box they talk about thinking outside the box and when they die they are put in a box.
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It does not matter how frequently something succeeds if failure is too costly to bear.
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Poverty is clearly one source of emotional suffering, but there are others, like loneliness.
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Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.
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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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Your reputation is harmed the most by what you say to defend it.
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Success is becoming in middle adulthood what you dreamed to be in late childhood.
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What we do today has nothing to do with capitalism or socialism. It is a crony type of system that transfers money to the coffers of bureaucrats.
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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
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Much of aging comes from a misunderstanding of the effect of comfort.
Nassim Nicholas Taleb
By setting oneself totally free of constraints, free of thoughts, free of this debilitating activity called work, free of efforts, elements hidden in the texture of reality start staring at you then mysteries that you never thought existed emerge in front of your eyes.
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When some systems are stuck in a dangerous impasse, randomness and only randomness can unlock them and set them free.
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If you roll dice, you know that the odds are one in six that the dice will come up on a particular side. So you can calculate the risk. But, in the stock market, such computations are bull - you don't even know how many sides the dice have!
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I want to live happily in a world I don’t understand.
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Never take advice from someone wearing a tie.
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Don't ask the barber whether you need a haircut, and don't ask an academic if what he does is relevant.
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