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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
Dying
Age
Without
Men
Bent
Heroic
Starts
Thirty
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They think that intelligence is about noticing things are relevant (detecting patterns) in a complex world, intelligence consists in ignoring things that are irrelevant (avoiding false patterns)
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Economics make homeopath and alternative healers look empirical and scientific.
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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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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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Comfort makes you weaker. We need some variability, some stressors. Not too much, but just enough.
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I want to live happily in a world I don’t understand.
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An erudite is someone who displays less than he knows a journalist or consultant the opposite.
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Maximum of an average is necessarily less volatile than the average maximum
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Anything that provides you with very, very stable income, very stable conditions, maybe generally stable, that often, it masks real risks, risks of blow-ups.
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Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms.
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Prediction, not narration, is the real test of our understanding of the world.
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A good maxim allows you to have the last word without even starting a conversation.
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You never win an argument until they attack your person.
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Failure saves lives. In the airline industry, every time a plane crashes the probability of the next crash is lowered by that. The Titanic saved lives because we're building bigger and bigger ships. So these people died, but we have effectively improved the safety of the system, and nothing failed in vain.
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Anything organic requires some dose of variability so it can adapt all the time, and fixing things is not a good idea.
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[A] theory is a very dangerous thing to have.
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The twentieth century was the bankruptcy of the social utopia the twenty-first will be that of the technological one.
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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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What we do today has nothing to do with capitalism or socialism. It is a crony type of system that transfers money to the coffers of bureaucrats.
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