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A man without a heroic bent starts dying at the age of thirty.
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
Thirty
Dying
Age
Without
Men
Bent
Heroic
Starts
More quotes by Nassim Nicholas Taleb
The world we live in is vastly different from the world we think we live in.
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Older people are most beautiful when they have what is lacking in the young: poise, erudition, wisdom, phronesis, and this post-heroic absence of agitation.
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People used to wear ordinary clothes weekdays, and formal attire on Sunday. Today it is the exact reverse.
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Never ask a trader if he is profitable: you can easily see it in his gesture and gait.
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The more data we have, the more likely we are to drown in it.
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The best test of whether someone is extremely stupid (or extremely wise) is whether financial and political news makes sense to him.
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Go to parties. You can't even start to know what you may find on the envelope of serendipity. If you suffer from agoraphobia, send colleagues.
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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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Heroes are heroes because they are heroic in behavior, not because they won or lost.
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Globalization has created this interlocking fragility. At no time in the history of the universe has the cancellation of a Christmas order in New York meant layoffs in China.
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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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Maximum of an average is necessarily less volatile than the average maximum
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Prediction, not narration, is the real test of our understanding of the world.
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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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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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Simplicity is not so simple to attain.
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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 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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What we need to do is break the financial community's grip on society.
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We should probably stop trading derivatives, anything more complex than regular options ... I am an options trader, and I don't understand options. How do you want a regulator to understand them?
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