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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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Never take advice from someone wearing a tie.
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We should ban banks from risk-taking because society is going to pay the price.
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Alan Greenspan is unskilled you don't take the unskilled seriously.
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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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The same past data can confirm a theory and its exact opposite! If you survive until tomorrow, it could mean that either a) you are more likely to be immortal or b) that you are closer to death.
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Every social association that is not face-to-face is injurious to your health.
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When you ask people, 'What's the opposite of fragile?,' they tend to say robust, resilient, adaptable, solid, strong. That's not it. The opposite of fragile is something that gains from disorder.
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Decomposition, for most, starts when they leave the free, social, and uncorrupted college life for the solitary confinement of professions and nuclear families.
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The book is the only medium left that hasn't been corrupted by the profane.
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Read books are far less valuable than unread ones. The library should contain as much of what you do not know as your financial means, mortgage rates, and the currently tight real-estate market alow you to put there.
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If I could predict what my day would exactly look like, I would feel a little bit dead.
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Let me be more aggressive: we are largely better at doing than we are at thinking, thanks to antifragility. I’d rather be dumb and antifragile than extremely smart and fragile, any time.
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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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I'm a capitalist but one who is smallist and localist, and who favours businesses where owners are still in charge.
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The inability to predict outliers implies the inability to predict the course of history
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I want them poor and they deserve to be poor. You can't have capitalism without punishment.
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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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The best way to measure the loss of intellectual sophistication - this nerdification, to put it bluntly - is in the growing disappearance of sarcasm, as mechanic minds take insults a bit too literally.
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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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Please, don’t drive a school bus blindfolded.
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