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As countries get rich they start increasing education and the very educated people tend to not like trial and error, because they think they're obligated to use the body of knowledge they have.
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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Increasing
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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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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.
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When you develop your opinions on the basis of weak evidence, you will have difficulty interpreting subsequent information that contradicts these opinions, even if this new information is obviously more accurate.
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Forecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.
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Probability is not a mere computation of odds on the dice or more complicated variants it is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance.
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Luck is the grand equalizer.
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Probability is not about the odds, but about the belief in the existence of an alternative outcome, cause, or motive.
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Umberto Eco is the owner of a large personal library of almost 30,000 books that he has not read. [To him] read books are far less valuable than unread ones.
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A verbal threat is the most authentic certificate of impotence.
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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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What we need to do is break the financial community's grip on society.
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Ideas come and go, stories stay.
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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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Modernity: we created youth without heroism, age without wisdom, and life without grandeur
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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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Never take advice from someone wearing a tie.
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Only in recent history has working hard signaled pride rather than shame for lack of talent, finesse and, mostly, sprezzatura .
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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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[A] theory is a very dangerous thing to have.
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Modernity has replaced ethics with legalese, and the law can be gamed with a good lawyer.
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