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For the classics philosophical insight was the product of a life of leisure for me a life of leisure is the product of philosophical insight.
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
Stoicism is about the *domestication* of emotions, not their elimination.
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My nightmare scenario is that the government saves Citibank once again, as well as the other banks, and business resumes as usual. Then, the next time the system breaks, it breaks much, much bigger.
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This is the tragedy of modernity: as with neurotically overprotective parents, those trying to help are often hurting us the most.
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Is the economy something organic or is it something engineered? I think it's closer to the organic. You harm it by artificially suppressing volatility in it.
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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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But it remains the case that you know what is wrong with a lot more confidence than you know what is right.
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I've debated many economists who claim to specialize in risk and probability: when one takes them slightly outside their narrow focus, but within the discipline of probability, they fall apart, with the disconsolate face of a gym rat in front of a gangster hit man.
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Don't cross a river if it is four feet deep on average.
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Experience is devoid of the cherry-picking that we find in studies.
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Debt is a mistake between lender and borrower, and both should suffer.
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Love without sacrifice is like theft
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Wit seduces by signaling intelligence without nerdiness.
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The difference between slaves in Roman and Ottoman days and today's employees is that slaves did not need to flatter their boss.
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It has been more profitable for us to bind together in the wrong direction than to be alone in the right one.
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Doctors most commonly get mixed up between absence of evidence and evidence of abense
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What fools call wasting time is most often the best investment.
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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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Modernity: we created youth without heroism, age without wisdom, and life without grandeur
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The worst side effect of wealth is the social associations it forces on its victims, as people with big houses end up socializing with other people with big houses.
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Life is a tightrope between two errors: generalizing the wrong particular and particularizing the wrong general.
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