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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
Theory
Information
Practice
Randomness
Intrinsic
Incomplete
Property

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Cumulative errors depend largely on the big surprises, the big opportunities. Not only do economic, financial, and political predictors miss them, but they are quite ashamed to say anything outlandish to their clients and yet events, it turns out, are almost always outlandish.
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I'm a capitalist but one who is smallist and localist, and who favours businesses where owners are still in charge.
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He who has never sinned is less reliable than he who has only sinned once.
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You will be civilized on the day you can spend a long period doing nothing, learning nothing, and improving nothing, without feeling the slightest amount of guilt.
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Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms.
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The difference between slaves in Roman and Ottoman days and today's employees is that slaves did not need to flatter their boss.
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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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A verbal threat is the most authentic certificate of impotence.
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It is often the mistakes of others that benefit the rest of us and, sadly, not them ... For the antifragile, harm from errors should be less than the benefits.
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Please, don’t drive a school bus blindfolded.
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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.
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But it remains the case that you know what is wrong with a lot more confidence than you know what is right.
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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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Most so-called writers keep writing and writing with the hope, some day, to find something to say.
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There is a certain category of fool-the overeducated, the academic, the journalist, the newspaper reader, the mechanistic scientist, the pseudo-empiricist, those endowed with what I call epistemic arrogance, this wonderful ability to discount what they did not see, the unobserved.
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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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Education makes the wise slightly wiser, but it makes the fool vastly more dangerous.
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Aesthetics, ethics, and many good things in humans are contagious.
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Anything organic requires some dose of variability so it can adapt all the time, and fixing things is not a good idea.
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Life is a tightrope between two errors: generalizing the wrong particular and particularizing the wrong general.
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