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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
Systems
Improvement
Failure
Cost
Small
Use
Fuel
More quotes by Nassim Nicholas Taleb
The person you are most afraid to contradict is yourself.
Nassim Nicholas Taleb
Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal citizens require. Citizens should experience anxiety about their own businesses (which they control), not their investments (which they do not control).
Nassim Nicholas Taleb
Asking science to explain life and vital matters is equivalent to asking a grammarian to explain poetry.
Nassim Nicholas Taleb
The best way to measure the loss of intellectual sophistication - this nerdification, to put it bluntly - is in the growing disappearance of sarcasm, as mechanic minds take insults a bit too literally.
Nassim Nicholas Taleb
When we want to do something while unconsciously certain to fail, we seek advice so we can blame someone else for the failure.
Nassim Nicholas Taleb
People focus on role models it is more effective to find antimodels - people you don't want to resemble when you grow up
Nassim Nicholas Taleb
Being an economist is the least ethical profession, closer to charlatanism than any science.
Nassim Nicholas Taleb
Few understand that procrastination is our natural defense, letting things take care of themselves and exercise their antifragility it results from some ecological or naturalistic wisdom, and is not always bad - at an existential level, it is my body rebelling against its entrapment. It is my soul fighting the Procrustean bed of modernity.
Nassim Nicholas Taleb
Never ask a trader if he is profitable: you can easily see it in his gesture and gait.
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
We glorify those who left their names in history books at the expense of those contributors about whom our books are silent. We humans are not just a superficial race - we are a very unfair one.
Nassim Nicholas Taleb
Never take advice from someone wearing a tie.
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
The sucker's trap is when you focus on what you know and what others don't know, rather than the reverse.
Nassim Nicholas Taleb
Another definition of modernity: conversations can be more and more completely reconstructed with clips from other conversations taking place at the same time on the planet.
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
Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same the antifragile gets better.
Nassim Nicholas Taleb
Also, it's good to have more than one profession, in case your own profession goes out of style. A Wall Street trader who's also a belly dancer will do a lot better than a trader who winds up driving a taxi.
Nassim Nicholas Taleb
Wit seduces by signaling intelligence without nerdiness.
Nassim Nicholas Taleb
Education makes the wise slightly wiser, but it makes the fool vastly more dangerous.
Nassim Nicholas Taleb