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Don't cross a river if it is four feet deep on average.
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
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Nassim Nicholas Najib Taleb
Nassim Taleb
Feet
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Deep
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Stoicism is about the *domestication* of emotions, not their elimination.
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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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Never trust a journalist unless she's your mother.
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A verbal threat is the most authentic certificate of impotence.
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I don't know anyone on Wall Street who goes to work every day thinking of anything but how to increase their bonus.
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My best definition of a nerd: someone who asks you to explain an aphorism
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You don't become completely free by just avoiding being a slave you also need to avoid becoming a master.
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Luck is the grand equalizer.
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Maximum of an average is necessarily less volatile than the average maximum
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Modernity has replaced ethics with legalese, and the law can be gamed with a good lawyer.
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Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.
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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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Only the autodidacts are free.
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There is no effective difference between guessing a variable that is not random, but for which information is partial or deficient, and a random one. In this sense, guessing (what I don't know, but what someone else may know) and predicting (what has not taken place yet) are the same thing.
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Poverty is clearly one source of emotional suffering, but there are others, like loneliness.
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The characteristic feature of the loser is to bemoan, in general terms, mankind's flaws, biases, contradictions, and irrationality - without exploiting them for fun and profit
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To bankrupt a fool, give him information.
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It might be useful to be able to predict war. But tension does not necessarily lead to war, but often to peace and to denouement.
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Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same the antifragile gets better.
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I lift heavy weights and sprint, but I am so bad at it that I develop severe injuries.
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