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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
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Economist
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Mathematician
Philosopher
Statistician
University Teacher
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Nassim Nicholas Najib Taleb
Nassim Taleb
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More quotes by Nassim Nicholas Taleb
I'm in favour of religion as a tamer of arrogance. For a Greek Orthodox, the idea of God as creator outside the human is not God in God's terms. My God isn't the God of George Bush.
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It is remarkable how fast and how effectively you can construct a nationality with a flag , a few speeches, and a national anthem to this day I avoid the label Lebanese, preferring the less restrictive Levantine designation.
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Writing is the art of repeating oneself without anyone noticing.
Nassim Nicholas Taleb
But it remains the case that you know what is wrong with a lot more confidence than you know what is right.
Nassim Nicholas Taleb
What we need to do is break the financial community's grip on society.
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Few understand that procrastination is our natural defense, letting things take care of themselves and exercise their antifragility it results from some ecological or naturalistic wisdom, and is not always bad - at an existential level, it is my body rebelling against its entrapment. It is my soul fighting the Procrustean bed of modernity.
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I always remind myself that what one observes is at best a combination of variance and returns, not just returns.
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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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An erudite is someone who displays less than he knows a journalist or consultant the opposite.
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Poverty is clearly one source of emotional suffering, but there are others, like loneliness.
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Paul Krugman is a danger to society!
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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.
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People focus on role models it is more effective to find antimodels - people you don't want to resemble when you grow up
Nassim Nicholas Taleb
Older people are most beautiful when they have what is lacking in the young: poise, erudition, wisdom, phronesis, and this post-heroic absence of agitation.
Nassim Nicholas Taleb
A mistake is not something to be determined after the fact, but in the light of the information until that point.
Nassim Nicholas Taleb
Decomposition, for most, starts when they leave the free, social, and uncorrupted college life for the solitary confinement of professions and nuclear families.
Nassim Nicholas Taleb
Injecting some confusion stabilizes the system.
Nassim Nicholas Taleb
Dress your best on your execution day. Be extremely courteous to your assistant when you lose money. Try not to blame others for your fate, even if they deserve blame. Never exhibit any self-pity. Do not complain.
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
A man without a heroic bent starts dying at the age of thirty.
Nassim Nicholas Taleb