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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
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Economist
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Mathematician
Philosopher
Statistician
University Teacher
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Nassim Nicholas Najib Taleb
Nassim Taleb
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More quotes by Nassim Nicholas Taleb
Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same the antifragile gets better.
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You want to favor systems that benefit from error, disorder, variability and things like that. You want to favor these systems and unfortunately, when - there's something I call the Soviet Illusion. The more the government becomes intrusive, the more things have to follow a script, and it can't handle this kind of system.
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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
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Love without sacrifice is like theft
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A verbal threat is the most authentic certificate of impotence.
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Success is about honour, feeling morally calibrated, absence of shame, not what some newspaper defines from an external metric.
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Anything organic requires some dose of variability so it can adapt all the time, and fixing things is not a good idea.
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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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[A] theory is a very dangerous thing to have.
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There is no effective difference between guessing a variable that is not random, but for which information is partial or deficient, and a random one. In this sense, guessing (what I don't know, but what someone else may know) and predicting (what has not taken place yet) are the same thing.
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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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true humility is when you can surprise yourself more than others the rest is either shyness or good marketing
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Much of aging comes from a misunderstanding of the effect of comfort.
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He who has never sinned is less reliable than he who has only sinned once. And someone who has made plenty of errors-though never the same error more than once-is more reliable than someone who has never made any.
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He who has never sinned is less reliable than he who has only sinned once.
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Modernity: we created youth without heroism, age without wisdom, and life without grandeur
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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.
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Capitalism is about adventurers who get harmed by their mistakes, not people who harm others with their mistakes.
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I want to live happily in a world I don’t understand.
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What fools call wasting time is most often the best investment.
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