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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.
Nassim Nicholas Taleb
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Nassim Nicholas Taleb
Age: 64
Born: 1960
Born: September 11
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Economist
Essayist
Mathematician
Philosopher
Statistician
University Teacher
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Nassim Nicholas Najib Taleb
Nassim Taleb
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Employees
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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
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Prediction, not narration, is the real test of our understanding of the world.
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I no longer care about the financial system. I gave them my roadmap. OK? Thanks, bye. I've no idea what's going on. I'm disconnected. I'm totally disengaged.
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Poverty is clearly one source of emotional suffering, but there are others, like loneliness.
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Umberto Eco is the owner of a large personal library of almost 30,000 books that he has not read. [To him] read books are far less valuable than unread ones.
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This is the tragedy of modernity: as with neurotically overprotective parents, those trying to help are often hurting us the most.
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Karl Marx, a visionary, figured out that you can control a slave much better by convincing him he is an employee.
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I suppose that the main benefit of being rich (over just being independent) is to be able to despise rich people (a good concentration of whom you find in glitzy ski resorts) without any sour grapes. It is even sweeter when these farts don't know that you are richer than they are.
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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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We should probably stop trading derivatives, anything more complex than regular options ... I am an options trader, and I don't understand options. How do you want a regulator to understand them?
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The bonus for bankers fragilizes the system. Someone has the upside at the expense of others.
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Forecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.
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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.
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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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Experience is devoid of the cherry-picking that we find in studies.
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Your reputation is harmed the most by what you say to defend it.
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Don't cross a river if it is four feet deep on average.
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A good maxim allows you to have the last word without even starting a conversation.
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Wittgenstein's ruler: Unless you have confidence in the ruler's reliability, if you use a ruler to measure a table you may also be using the table to measure the ruler.
Nassim Nicholas Taleb
The traits I respect are erudition and the courage to stand up when half-men are afraid for their reputation. Any idiot can be intelligent.
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