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Anything organic requires some dose of variability so it can adapt all the time, and fixing things is not a good idea.

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
Time
Adapt
Organic
Requires
Idea
Anything
Ideas
Variability
Good
Dose
Things
Fixing

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The fool generalizes the particular the nerd particularizes the general some do both and the wise does neither
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Doctors most commonly get mixed up between absence of evidence and evidence of abense
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They are born, put in a box they go home to live in a box they study by ticking boxes they go to what is called work in a box, where they sit in their cubicle box they drive to the grocery store in a box to buy food in a box they talk about thinking outside the box and when they die they are put in a box.
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I always remind myself that what one observes is at best a combination of variance and returns, not just returns.
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It was obvious that their profits were simply cash borrowed from destiny with some random payback time.
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Philosophers talk about truth and falsehood. People in life talk about payoff, exposure, and consequences (risks and rewards), hence fragility and antifragility. And sometimes philosophers and thinkers and those who study conflate Truth with risks and rewards.
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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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There are systems that use failure as fuel for improvement, where the cost of failure is small.
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The grandchildren should not bear the debts of the grandparents.
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Globalization has created this interlocking fragility. At no time in the history of the universe has the cancellation of a Christmas order in New York meant layoffs in China.
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You will be civilized on the day you can spend a long period doing nothing, learning nothing, and improving nothing, without feeling the slightest amount of guilt.
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Those who do not think that employment is systemic slavery are either blind or employed.
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Writing is the art of repeating oneself without anyone noticing.
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There is no effective difference between guessing a variable that is not random, but for which information is partial or deficient, and a random one. In this sense, guessing (what I don't know, but what someone else may know) and predicting (what has not taken place yet) are the same thing.
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What is nonmeasurable and nonpredictable will remain nonmeasurable and nonpredictable ... no matter how much hate mail I get.
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We should reward people, not ridicule them, for thinking the impossible.
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If humans fight the last war, nature fights the next one.
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The difference between slaves in Roman and Ottoman days and today's employees is that slaves did not need to flatter their boss.
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Realism is punishing. Probabilistic skepticism is 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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