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There are systems that use failure as fuel for improvement, where the cost of failure is small.

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
Cost
Small
Use
Fuel
Systems
Improvement
Failure

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We should reward people, not ridicule them, for thinking the impossible.
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You don't become completely free by just avoiding being a slave you also need to avoid becoming a master.
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Your reputation is harmed the most by what you say to defend it.
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The book is the only medium left that hasn't been corrupted by the profane.
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Modernity: we created youth without heroism, age without wisdom, and life without grandeur
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If you're going to fail, you'd rather fail early than fail late in general.
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He who has never sinned is less reliable than he who has only sinned once.
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For the classics philosophical insight was the product of a life of leisure for me a life of leisure is the product of philosophical insight.
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When I trade, I don't have an agency problem I have my neck on the line. When a bank or banker trades, it's not his neck on the line.
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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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Dress your best on your execution day. Be extremely courteous to your assistant when you lose money. Try not to blame others for your fate, even if they deserve blame. Never exhibit any self-pity. Do not complain.
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I want them poor and they deserve to be poor. You can't have capitalism without punishment.
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Love without sacrifice is like theft
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Don't read newspapers for the news (just for the gossip and, of course, profiles of authors). The best filter to know if the news matters is if you hear it in cafes, restaurants... or (again) parties.
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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.
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I want to live happily in a world I don’t understand.
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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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Heroes are heroes because they are heroic in behavior, not because they won or lost.
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Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have—or don’t have—in their portfolio.
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