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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.
Nassim Nicholas Taleb
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Nassim Nicholas Taleb
Age: 64
Born: 1960
Born: September 11
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Economist
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Mathematician
Philosopher
Statistician
University Teacher
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Nassim Nicholas Najib Taleb
Nassim Taleb
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More quotes by Nassim Nicholas Taleb
To bankrupt a fool, give him information.
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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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The fragile wants tranquility, the antifragile grows from disorder, and the robust doesn't care too much.
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Every social association that is not face-to-face is injurious to your health.
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Probability is not about the odds, but about the belief in the existence of an alternative outcome, cause, or motive.
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Your reputation is harmed the most by what you say to defend it.
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Another definition of modernity: conversations can be more and more completely reconstructed with clips from other conversations taking place at the same time on the planet.
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It's not a good idea to take a forecast from someone wearing a tie. If possible, tease people who take themselves and their knowledge too seriously.
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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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Prediction, not narration, is the real test of our understanding of the world.
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Success is about honour, feeling morally calibrated, absence of shame, not what some newspaper defines from an external metric.
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We favor the visible, the embedded, the personal, the narrated, and the tangible we scorn the abstract.
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While in theory randomness is an intrinsic property, in practice, randomness is incomplete information.
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Globalization has created this interlocking fragility. At no time in the history of the universe has the cancellation of a Christmas order in New York meant layoffs in China.
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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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If you don't feel that you haven't read enough, you haven't read enough.
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Simplicity is not so simple to attain.
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Realism is punishing. Probabilistic skepticism is worse.
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The rationalist imagines an imbecile-free society the empiricist and imbecile-proof one, or even better, a rationalist-proof one.
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Go to parties. You can't even start to know what you may find on the envelope of serendipity. If you suffer from agoraphobia, send colleagues.
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