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A washing machine needs constant maintenance. It doesn't want any harm. It wants tranquility, and you need someone to - you're not going to harm it by continuously monitoring it and adjusting it.
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
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Nassim Nicholas Najib Taleb
Nassim Taleb
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Maintenance
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Constant
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Continuously
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Paul Krugman is a danger to society!
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I'm a capitalist but one who is smallist and localist, and who favours businesses where owners are still in charge.
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The bonus for bankers fragilizes the system. Someone has the upside at the expense of others.
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Never think that lack of variability is stability. Don't confuse lack of volatility with stability, ever.
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To bankrupt a fool, give him information.
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The rationalist imagines an imbecile-free society the empiricist and imbecile-proof one, or even better, a rationalist-proof one.
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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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Maximum of an average is necessarily less volatile than the average maximum
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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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Wit seduces by signaling intelligence without nerdiness.
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A man without a heroic bent starts dying at the age of thirty.
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The psychologist Gerd Gigerenzer has a simple heuristic. Never ask the doctor what you should do. Ask him what he would do if he were in your place. You would be surprised at the difference
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I lift heavy weights and sprint, but I am so bad at it that I develop severe injuries.
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Success is about honour, feeling morally calibrated, absence of shame, not what some newspaper defines from an external metric.
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Heroes are heroes because they are heroic in behavior, not because they won or lost.
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Missing a train is only painful if you run after it! Likewise, not matching the idea of success others expect from you is only painful if that’s what you are seeking.
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Realism is punishing. Probabilistic skepticism is worse.
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Let me be more aggressive: we are largely better at doing than we are at thinking, thanks to antifragility. I’d rather be dumb and antifragile than extremely smart and fragile, any time.
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Every social association that is not face-to-face is injurious to your health.
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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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