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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
Injecting
Confusion
System
Stabilizes

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Alan Greenspan is unskilled you don't take the unskilled seriously.
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My best definition of a nerd: someone who asks you to explain an aphorism
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Most people are sceptical about the wrong things and gullible about the wrong things.
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It is a sign of weakness to avoid showing signs of weakness.
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It is remarkable how fast and how effectively you can construct a nationality with a flag , a few speeches, and a national anthem to this day I avoid the label Lebanese, preferring the less restrictive Levantine designation.
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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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Umberto Eco is the owner of a large personal library of almost 30,000 books that he has not read. [To him] read books are far less valuable than unread ones.
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Paul Krugman is a danger to society!
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Someone who says I am busy is either declaring incompetence (and lack of control of his life) or trying to get rid of you.
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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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Cumulative errors depend largely on the big surprises, the big opportunities. Not only do economic, financial, and political predictors miss them, but they are quite ashamed to say anything outlandish to their clients and yet events, it turns out, are almost always outlandish.
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If you let markets - in general, my belief is that if you let markets give you information, they'll give you the information rather than artificially prop up everything.
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What is nonmeasurable and nonpredictable will remain nonmeasurable and nonpredictable ... no matter how much hate mail I get.
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