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Modernity widened the distance between the sensational and the relevant.
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
Modernity
Relevant
Distance
Widened
Sensational
More quotes by Nassim Nicholas Taleb
Life is a tightrope between two errors: generalizing the wrong particular and particularizing the wrong general.
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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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You never win an argument until they attack your person.
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There are secrets to our world that only practice can reveal, and no opinion or analysis will ever capture in full.
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If my detractors knew me better they would hate me even more.
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While in theory randomness is an intrinsic property, in practice, randomness is incomplete information.
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It was obvious that their profits were simply cash borrowed from destiny with some random payback time.
Nassim Nicholas Taleb
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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Someone bemoaned that there were so few women in economics. But there are also very few men in economics.
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Asking science to explain life and vital matters is equivalent to asking a grammarian to explain poetry.
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The person you are most afraid to contradict is yourself.
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Academia is to knowledge what prostitution is to love.
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[A] theory is a very dangerous thing to have.
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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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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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To bankrupt a fool, give him information.
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Prediction, not narration, is the real test of our understanding of the world.
Nassim Nicholas Taleb
Never ask a trader if he is profitable: you can easily see it in his gesture and gait.
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A competitive athlete is painful to look at trying hard to become an animal rather than a man, he will never be as fast as a cheetah or as strong as an ox.
Nassim Nicholas Taleb
But it remains the case that you know what is wrong with a lot more confidence than you know what is right.
Nassim Nicholas Taleb