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Realism is punishing. Probabilistic skepticism is worse.

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
Punishing
Skepticism
Realism
Worse

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It has been more profitable for us to bind together in the wrong direction than to be alone in the right one.
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[A] theory is a very dangerous thing to have.
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Modernity: we created youth without heroism, age without wisdom, and life without grandeur
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If you're going to fail, you'd rather fail early than fail late in general.
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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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Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.
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Paul Krugman is a danger to society!
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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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I want them poor and they deserve to be poor. You can't have capitalism without punishment.
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Maximum of an average is necessarily less volatile than the average maximum
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You get pseudo-order when you seek order you only get a measure of order and control when you embrace randomness.
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An option hides where we don't want it to hide.
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Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have—or don’t have—in their portfolio.
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Don't ask the barber whether you need a haircut, and don't ask an academic if what he does is relevant.
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Scepticism is effortful and costly. It is better to be sceptical about matters of large consequences, and be imperfect, foolish and human in the small and the aesthetic.
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We should reward people, not ridicule them, for thinking the impossible.
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It does not matter how frequently something succeeds if failure is too costly to bear.
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It might be useful to be able to predict war. But tension does not necessarily lead to war, but often to peace and to denouement.
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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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The bonus for bankers fragilizes the system. Someone has the upside at the expense of others.
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