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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
More quotes by Nassim Nicholas Taleb
If you are in banking and lending, surprise outcomes are likely to be negative for you.
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
The best test of whether someone is extremely stupid (or extremely wise) is whether financial and political news makes sense to him.
Nassim Nicholas Taleb
Don't disturb complicated systems that have been around for a very long time. We don't understand their logic. Don't pollute the planet. Leave it the way we found it, regardless of scientific 'evidence'.
Nassim Nicholas Taleb
Simplicity is not so simple to attain.
Nassim Nicholas Taleb
Those who do not think that employment is systemic slavery are either blind or employed.
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
The fastest way to become rich is to socialize with the poor the fastest way to become poor is to socialize with the rich.
Nassim Nicholas Taleb
Writing is the art of repeating oneself without anyone noticing.
Nassim Nicholas Taleb
The grandchildren should not bear the debts of the grandparents.
Nassim Nicholas Taleb
Poverty is clearly one source of emotional suffering, but there are others, like loneliness.
Nassim Nicholas Taleb
An option hides where we don't want it to hide.
Nassim Nicholas Taleb
The inability to predict outliers implies the inability to predict the course of history
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
What is nonmeasurable and nonpredictable will remain nonmeasurable and nonpredictable ... no matter how much hate mail I get.
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
There are secrets to our world that only practice can reveal, and no opinion or analysis will ever capture in full.
Nassim Nicholas Taleb
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)
Nassim Nicholas Taleb
The person you are most afraid to contradict is yourself.
Nassim Nicholas Taleb
