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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
Someone
Washing
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Tranquility
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Continuously
Doesn
Maintenance
More quotes by Nassim Nicholas Taleb
We know from chaos theory that even if you had a perfect model of the world, you'd need infinite precision in order to predict future events. With sociopolitical or economic phenomena, we don't have anything like that.
Nassim Nicholas Taleb
Luck is the grand equalizer.
Nassim Nicholas Taleb
It's not a good idea to take a forecast from someone wearing a tie. If possible, tease people who take themselves and their knowledge too seriously.
Nassim Nicholas Taleb
I always remind myself that what one observes is at best a combination of variance and returns, not just returns.
Nassim Nicholas Taleb
It might be useful to be able to predict war. But tension does not necessarily lead to war, but often to peace and to denouement.
Nassim Nicholas Taleb
If you're going to fail, you'd rather fail early than fail late in general.
Nassim Nicholas Taleb
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
Nassim Nicholas Taleb
Those who do not think that employment is systemic slavery are either blind or employed.
Nassim Nicholas Taleb
You have a real life if and only if you do not compete with anyone in any of your pursuits.
Nassim Nicholas Taleb
Greatness starts with the replacement of hatred with polite disdain.
Nassim Nicholas Taleb
But they never notice the following inconsistency: this so-called worst-case event, when it happened, exceeded the worst case at the time.
Nassim Nicholas Taleb
Never ask a trader if he is profitable: you can easily see it in his gesture and gait.
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
While in theory randomness is an intrinsic property, in practice, randomness is incomplete information.
Nassim Nicholas Taleb
Never take advice from someone wearing a tie.
Nassim Nicholas Taleb
What we need to do is break the financial community's grip on society.
Nassim Nicholas Taleb
Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms.
Nassim Nicholas Taleb
A competitive athlete is painful to look at trying hard to become an animal rather than a man, he will never be as fast as a cheetah or as strong as an ox.
Nassim Nicholas Taleb
I'm in favour of religion as a tamer of arrogance. For a Greek Orthodox, the idea of God as creator outside the human is not God in God's terms. My God isn't the God of George Bush.
Nassim Nicholas Taleb
Being an economist is the least ethical profession, closer to charlatanism than any science.
Nassim Nicholas Taleb