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The best test of whether someone is extremely stupid (or extremely wise) is whether financial and political news makes sense to him.
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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Every social association that is not face-to-face is injurious to your health.
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Forecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.
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Success is becoming in middle adulthood what you dreamed to be in late childhood.
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I'd rather have the market tell us what - I'd rather have events precipitate events, rather than just sit there like passive people in Washington.
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Education makes the wise slightly wiser, but it makes the fool vastly more dangerous.
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Steve Jobs, Bill Gates and Mark Zuckerberg didn't finish college. Too much emphasis is placed on formal education - I told my children not to worry about their grades but to enjoy learning.
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Read books are far less valuable than unread ones.
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But they never notice the following inconsistency: this so-called worst-case event, when it happened, exceeded the worst case at the time.
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Being an economist is the least ethical profession, closer to charlatanism than any science.
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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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Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.
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The best way to measure the loss of intellectual sophistication - this nerdification, to put it bluntly - is in the growing disappearance of sarcasm, as mechanic minds take insults a bit too literally.
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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.
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When you develop your opinions on the basis of weak evidence, you will have difficulty interpreting subsequent information that contradicts these opinions, even if this new information is obviously more accurate.
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It has been more profitable for us to bind together in the wrong direction than to be alone in the right one.
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