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If you're going to fail, you'd rather fail early than fail late in general.
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
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More quotes by Nassim Nicholas Taleb
This is the tragedy of modernity: as with neurotically overprotective parents, those trying to help are often hurting us the most.
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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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I've debated many economists who claim to specialize in risk and probability: when one takes them slightly outside their narrow focus, but within the discipline of probability, they fall apart, with the disconsolate face of a gym rat in front of a gangster hit man.
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Life is a tightrope between two errors: generalizing the wrong particular and particularizing the wrong general.
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A man without a heroic bent starts dying at the age of thirty.
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He who has never sinned is less reliable than he who has only sinned once.
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The American people will eventually get hurt by this accumulated deficit. That's the problem. We have too much deficit. We have to find a solution.
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Never trust a journalist unless she's your mother.
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If my detractors knew me better they would hate me even more.
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The same past data can confirm a theory and its exact opposite! If you survive until tomorrow, it could mean that either a) you are more likely to be immortal or b) that you are closer to death.
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Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.
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What we need to do is break the financial community's grip on society.
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The inability to predict outliers implies the inability to predict the course of history
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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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Those who do not think that employment is systemic slavery are either blind or employed.
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The book is the only medium left that hasn't been corrupted by the profane.
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Probability is not about the odds, but about the belief in the existence of an alternative outcome, cause, or motive.
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Injecting some confusion stabilizes the system.
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To bankrupt a fool, give him information.
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Writing is the art of repeating oneself without anyone noticing.
Nassim Nicholas Taleb
