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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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The world we live in is vastly different from the world we think we live in.
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There are systems that use failure as fuel for improvement, where the cost of failure is small.
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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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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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Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal citizens require. Citizens should experience anxiety about their own businesses (which they control), not their investments (which they do not control).
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Debt is a mistake between lender and borrower, and both should suffer.
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I lift heavy weights and sprint, but I am so bad at it that I develop severe injuries.
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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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It's harder to say 'no' when you really mean it.
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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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Being an economist is the least ethical profession, closer to charlatanism than any science.
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History is opaque. You see what comes out, not the script that produces events, [...] The generator of historical events is different from the events themselves, much as the minds of the gods cannot be read just by witnessing their deeds.
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Aesthetics, ethics, and many good things in humans are contagious.
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I'd rather have the market tell us what - I'd rather have events precipitate events, rather than just sit there like passive people in Washington.
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Don't disturb complicated systems that have been around for a very long time. We don't understand their logic. Don't pollute the planet. Leave it the way we found it, regardless of scientific 'evidence'.
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Only the autodidacts are free.
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Comfort makes you weaker. We need some variability, some stressors. Not too much, but just enough.
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A good maxim allows you to have the last word without even starting a conversation.
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A mistake is not something to be determined after the fact, but in the light of the information until that point.
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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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