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The sucker's trap is when you focus on what you know and what others don't know, rather than the reverse.
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
Sucker
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The more data we have, the more likely we are to drown in it.
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I remind myself of Einstein's remark that common sense is nothing but a collection of misconceptions acquired by age 18.
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People focus on role models it is more effective to find antimodels - people you don't want to resemble when you grow up
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If you don't feel that you haven't read enough, you haven't read enough.
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If humans fight the last war, nature fights the next one.
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Modernity has replaced ethics with legalese, and the law can be gamed with a good lawyer.
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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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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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But they never notice the following inconsistency: this so-called worst-case event, when it happened, exceeded the worst case at the time.
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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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Charm is the ability to insult people without offending them nerdiness the reverse
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You will be civilized on the day you can spend a long period doing nothing, learning nothing, and improving nothing, without feeling the slightest amount of guilt.
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Injecting some confusion stabilizes the system.
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They think that intelligence is about noticing things are relevant (detecting patterns) in a complex world, intelligence consists in ignoring things that are irrelevant (avoiding false patterns)
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Missing a train is only painful if you run after it! Likewise, not matching the idea of success others expect from you is only painful if that’s what you are seeking.
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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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Philosophers talk about truth and falsehood. People in life talk about payoff, exposure, and consequences (risks and rewards), hence fragility and antifragility. And sometimes philosophers and thinkers and those who study conflate Truth with risks and rewards.
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