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Just as being nice to the arrogant is no better than being arrogant toward the nice, being accommodating toward anyone committing a nefarious action condones it.
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
Arrogant
Toward
Nice
Anyone
Action
Condones
Better
Nefarious
Accommodating
Committing
More quotes by Nassim Nicholas Taleb
To bankrupt a fool, give him information.
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The inability to predict outliers implies the inability to predict the course of history
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While in theory randomness is an intrinsic property, in practice, randomness is incomplete information.
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I always remind myself that what one observes is at best a combination of variance and returns, not just returns.
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Avoid losers. If you hear someone use the words 'impossible', 'never', 'too difficult' too often, drop him or her from your social network.
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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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Being an economist is the least ethical profession, closer to charlatanism than any science.
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You never win an argument until they attack your person.
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If you roll dice, you know that the odds are one in six that the dice will come up on a particular side. So you can calculate the risk. But, in the stock market, such computations are bull - you don't even know how many sides the dice have!
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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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Writing is the art of repeating oneself without anyone noticing.
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Injecting some confusion stabilizes the system.
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Dress your best on your execution day. Be extremely courteous to your assistant when you lose money. Try not to blame others for your fate, even if they deserve blame. Never exhibit any self-pity. Do not complain.
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Love without sacrifice is like theft
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The world we live in is vastly different from the world we think we live in.
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Failure saves lives. In the airline industry, every time a plane crashes the probability of the next crash is lowered by that. The Titanic saved lives because we're building bigger and bigger ships. So these people died, but we have effectively improved the safety of the system, and nothing failed in vain.
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I hated school because I liked to daydream and the system tried to stop me from that.
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What we need to do is break the financial community's grip on society.
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Please, don’t drive a school bus blindfolded.
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Success is becoming in middle adulthood what you dreamed to be in late childhood.
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