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While in theory randomness is an intrinsic property, in practice, randomness is incomplete information.

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
Randomness
Intrinsic
Incomplete
Property
Theory
Information
Practice

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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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People used to wear ordinary clothes weekdays, and formal attire on Sunday. Today it is the exact reverse.
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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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We should reward people, not ridicule them, for thinking the impossible.
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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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If humans fight the last war, nature fights the next one.
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A mistake is not something to be determined after the fact, but in the light of the information until that point.
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An erudite is someone who displays less than he knows a journalist or consultant the opposite.
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Debt is a mistake between lender and borrower, and both should suffer.
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The fool generalizes the particular the nerd particularizes the general some do both and the wise does neither
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Simplicity is not so simple to attain.
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It is also naïve empiricism to provide, in support of some argument, series of eloquent confirmatory quotes by dead authorities. By searching, you can always find someone who made a well-sounding statement that confirms your point of view and, on every topic, it is possible to find another dead thinker who said the exact opposite.
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You have a real life if and only if you do not compete with anyone in any of your pursuits.
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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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You want to favor systems that benefit from error, disorder, variability and things like that. You want to favor these systems and unfortunately, when - there's something I call the Soviet Illusion. The more the government becomes intrusive, the more things have to follow a script, and it can't handle this kind of system.
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Also, it's good to have more than one profession, in case your own profession goes out of style. A Wall Street trader who's also a belly dancer will do a lot better than a trader who winds up driving a taxi.
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If you are in banking and lending, surprise outcomes are likely to be negative for you.
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It is my great hope someday, to see science and decision makers rediscover what the ancients have always known. Namely that our highest currency is respect.
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Never think that lack of variability is stability. Don't confuse lack of volatility with stability, ever.
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Greatness starts with the replacement of hatred with polite disdain.
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