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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
Writer
Nassim Nicholas Najib Taleb
Nassim Taleb
Feet
Four
River
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Rivers
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Deep
More quotes by Nassim Nicholas Taleb
To bankrupt a fool, give him information.
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Don't read newspapers for the news (just for the gossip and, of course, profiles of authors). The best filter to know if the news matters is if you hear it in cafes, restaurants... or (again) parties.
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We should reward people, not ridicule them, for thinking the impossible.
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If you don't feel that you haven't read enough, you haven't read enough.
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We should ban banks from risk-taking because society is going to pay the price.
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There are secrets to our world that only practice can reveal, and no opinion or analysis will ever capture in full.
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Daily news and sugar confuse our system in the same manner.
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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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The fragile wants tranquility, the antifragile grows from disorder, and the robust doesn't care too much.
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Modernity: we created youth without heroism, age without wisdom, and life without grandeur
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It was obvious that their profits were simply cash borrowed from destiny with some random payback time.
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When you write, you don't have the social constraints of having people in front of you, so you talk about abstract matters.
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A prophet is not someone with special visions, just someone blind to most of what others see
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We should probably stop trading derivatives, anything more complex than regular options ... I am an options trader, and I don't understand options. How do you want a regulator to understand them?
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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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A good maxim allows you to have the last word without even starting a conversation.
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If you're going to fail, you'd rather fail early than fail late in general.
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To succeed in life requires a total inability to do anything that makes you uncomfortable when you look at yourself in the mirror.
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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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It's harder to say 'no' when you really mean it.
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