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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
Essayist
Mathematician
Philosopher
Statistician
University Teacher
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Nassim Nicholas Najib Taleb
Nassim Taleb
Mistakes
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More quotes by Nassim Nicholas Taleb
Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same the antifragile gets better.
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Modernity has replaced ethics with legalese, and the law can be gamed with a good lawyer.
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I'm a capitalist but one who is smallist and localist, and who favours businesses where owners are still in charge.
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Realism is punishing. Probabilistic skepticism is worse.
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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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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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Anything organic requires some dose of variability so it can adapt all the time, and fixing things is not a good idea.
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Scepticism is effortful and costly. It is better to be sceptical about matters of large consequences, and be imperfect, foolish and human in the small and the aesthetic.
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true humility is when you can surprise yourself more than others the rest is either shyness or good marketing
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Success is becoming in middle adulthood what you dreamed to be in late childhood.
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Luck is the grand equalizer.
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People used to wear ordinary clothes weekdays, and formal attire on Sunday. Today it is the exact reverse.
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The fastest way to become rich is to socialize with the poor the fastest way to become poor is to socialize with the rich.
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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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Every social association that is not face-to-face is injurious to your health.
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Ideas come and go, stories stay.
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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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Someone who says I am busy is either declaring incompetence (and lack of control of his life) or trying to get rid of you.
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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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When some systems are stuck in a dangerous impasse, randomness and only randomness can unlock them and set them free.
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