Quote

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
Writer
Nassim Nicholas Najib Taleb
Nassim Taleb
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Machines
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Adjusting
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Realism is punishing. Probabilistic skepticism is worse.
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Greatness starts with the replacement of hatred with polite disdain.
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Read books are far less valuable than unread ones. The library should contain as much of what you do not know as your financial means, mortgage rates, and the currently tight real-estate market alow you to put there.
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Older people are most beautiful when they have what is lacking in the young: poise, erudition, wisdom, phronesis, and this post-heroic absence of agitation.
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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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Doctors most commonly get mixed up between absence of evidence and evidence of abense
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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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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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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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Most so-called writers keep writing and writing with the hope, some day, to find something to say.
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You get pseudo-order when you seek order you only get a measure of order and control when you embrace randomness.
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Paul Krugman is a danger to society!
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Alan Greenspan is unskilled you don't take the unskilled seriously.
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We favor the visible, the embedded, the personal, the narrated, and the tangible we scorn the abstract.
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The number of managers with great track records in a given market depends far more on the number of people who started in the investment business (in place of going to dental school), rather than on their ability to produce profits.
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Asking science to explain life and vital matters is equivalent to asking a grammarian to explain poetry.
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