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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
Author
Economist
Essayist
Mathematician
Philosopher
Statistician
University Teacher
Writer
Nassim Nicholas Najib Taleb
Nassim Taleb
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Ottomans
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Flatter
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Roman
Today
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Ottoman
More quotes by Nassim Nicholas Taleb
My nightmare scenario is that the government saves Citibank once again, as well as the other banks, and business resumes as usual. Then, the next time the system breaks, it breaks much, much bigger.
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Never ask a trader if he is profitable: you can easily see it in his gesture and gait.
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Love without sacrifice is like theft
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Those who do not think that employment is systemic slavery are either blind or employed.
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We know from chaos theory that even if you had a perfect model of the world, you'd need infinite precision in order to predict future events. With sociopolitical or economic phenomena, we don't have anything like that.
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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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If my detractors knew me better they would hate me even more.
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As countries get rich they start increasing education and the very educated people tend to not like trial and error, because they think they're obligated to use the body of knowledge they have.
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What is nonmeasurable and nonpredictable will remain nonmeasurable and nonpredictable ... no matter how much hate mail I get.
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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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The fragile wants tranquility, the antifragile grows from disorder, and the robust doesn't care too much.
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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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Realism is punishing. Probabilistic skepticism is worse.
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The grandchildren should not bear the debts of the grandparents.
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If I could predict what my day would exactly look like, I would feel a little bit dead.
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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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The world we live in is vastly different from the world we think we live in.
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If you are in banking and lending, surprise outcomes are likely to be negative for you.
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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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When we want to do something while unconsciously certain to fail, we seek advice so we can blame someone else for the failure.
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