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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.
Nassim Nicholas Taleb
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Nassim Nicholas Taleb
Age: 64
Born: 1960
Born: September 11
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Nassim Nicholas Najib Taleb
Nassim Taleb
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More quotes by Nassim Nicholas Taleb
Experience is devoid of the cherry-picking that we find in studies.
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.
Nassim Nicholas Taleb
He who has never sinned is less reliable than he who has only sinned once.
Nassim Nicholas Taleb
If something is going on, I hear about it. I like to talk to people, I socialise. Television is a waste of time. Human contact is what matters.
Nassim Nicholas Taleb
Alan Greenspan is unskilled you don't take the unskilled seriously.
Nassim Nicholas Taleb
A prophet is not someone with special visions, just someone blind to most of what others see
Nassim Nicholas Taleb
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?
Nassim Nicholas Taleb
If you are in banking and lending, surprise outcomes are likely to be negative for you.
Nassim Nicholas Taleb
He who has never sinned is less reliable than he who has only sinned once. And someone who has made plenty of errors-though never the same error more than once-is more reliable than someone who has never made any.
Nassim Nicholas Taleb
There is a certain category of fool-the overeducated, the academic, the journalist, the newspaper reader, the mechanistic scientist, the pseudo-empiricist, those endowed with what I call epistemic arrogance, this wonderful ability to discount what they did not see, the unobserved.
Nassim Nicholas Taleb
An option hides where we don't want it to hide.
Nassim Nicholas Taleb
The difference between slaves in Roman and Ottoman days and today's employees is that slaves did not need to flatter their boss.
Nassim Nicholas Taleb
Steve Jobs, Bill Gates and Mark Zuckerberg didn't finish college. Too much emphasis is placed on formal education - I told my children not to worry about their grades but to enjoy learning.
Nassim Nicholas Taleb
Prediction, not narration, is the real test of our understanding of the world.
Nassim Nicholas Taleb
There are systems that use failure as fuel for improvement, where the cost of failure is small.
Nassim Nicholas Taleb
Modernity: we created youth without heroism, age without wisdom, and life without grandeur
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
Another definition of modernity: conversations can be more and more completely reconstructed with clips from other conversations taking place at the same time on the planet.
Nassim Nicholas Taleb
I remind myself of Einstein's remark that common sense is nothing but a collection of misconceptions acquired by age 18.
Nassim Nicholas Taleb
Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.
Nassim Nicholas Taleb
