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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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Capitalism is about adventurers who get harmed by their mistakes, not people who harm others with their mistakes.
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Writing is the art of repeating oneself without anyone noticing.
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true humility is when you can surprise yourself more than others the rest is either shyness or good marketing
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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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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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As countries get rich they start increasing education and the very educated people tend to not like trial and error, because they think they're obligated to use the body of knowledge they have.
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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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The rationalist imagines an imbecile-free society the empiricist and imbecile-proof one, or even better, a rationalist-proof one.
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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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When some systems are stuck in a dangerous impasse, randomness and only randomness can unlock them and set them free.
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If humans fight the last war, nature fights the next one.
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Don't cross a river if it is four feet deep on average.
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I no longer care about the financial system. I gave them my roadmap. OK? Thanks, bye. I've no idea what's going on. I'm disconnected. I'm totally disengaged.
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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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I disagree with the followers of Marx and those of Adam Smith: the reason free markets work is because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill.
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Heroes are heroes because they are heroic in behavior, not because they won or lost.
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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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If I could predict what my day would exactly look like, I would feel a little bit dead.
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Love without sacrifice is like theft
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