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Injecting some confusion stabilizes the system.

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
Stabilizes
Injecting
Confusion
System

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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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The sucker's trap is when you focus on what you know and what others don't know, rather than the reverse.
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Never trust a journalist unless she's your mother.
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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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Just as being nice to the arrogant is no better than being arrogant toward the nice, being accommodating toward anyone committing a nefarious action condones it.
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I'm in favour of religion as a tamer of arrogance. For a Greek Orthodox, the idea of God as creator outside the human is not God in God's terms. My God isn't the God of George Bush.
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A verbal threat is the most authentic certificate of impotence.
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It is a sign of weakness to avoid showing signs of weakness.
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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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You never win an argument until they attack your person.
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Never take advice from someone wearing a tie.
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Doctors most commonly get mixed up between absence of evidence and evidence of abense
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Much of aging comes from a misunderstanding of the effect of comfort.
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Comfort makes you weaker. We need some variability, some stressors. Not too much, but just enough.
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The grandchildren should not bear the debts of the grandparents.
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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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You want to favor systems that benefit from error, disorder, variability and things like that. You want to favor these systems and unfortunately, when - there's something I call the Soviet Illusion. The more the government becomes intrusive, the more things have to follow a script, and it can't handle this kind of system.
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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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Also, it's good to have more than one profession, in case your own profession goes out of style. A Wall Street trader who's also a belly dancer will do a lot better than a trader who winds up driving a taxi.
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Modernity: we created youth without heroism, age without wisdom, and life without grandeur
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