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The bonus for bankers fragilizes the system. Someone has the upside at the expense of others.
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
Upside
Bankers
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Expenses
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Others
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Bonus
More quotes by Nassim Nicholas Taleb
It is remarkable how fast and how effectively you can construct a nationality with a flag , a few speeches, and a national anthem to this day I avoid the label Lebanese, preferring the less restrictive Levantine designation.
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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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Only in recent history has working hard signaled pride rather than shame for lack of talent, finesse and, mostly, sprezzatura .
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Modernity widened the distance between the sensational and the relevant.
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Only the autodidacts are free.
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Wittgenstein's ruler: Unless you have confidence in the ruler's reliability, if you use a ruler to measure a table you may also be using the table to measure the ruler.
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It has been more profitable for us to bind together in the wrong direction than to be alone in the right one.
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I always remind myself that what one observes is at best a combination of variance and returns, not just returns.
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Greatness starts with the replacement of hatred with polite disdain.
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If something is going on, I hear about it. I like to talk to people, I socialise. Television is a waste of time. Human contact is what matters.
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Debt is a mistake between lender and borrower, and both should suffer.
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Missing a train is only painful if you run after it! Likewise, not matching the idea of success others expect from you is only painful if that’s what you are seeking.
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What is nonmeasurable and nonpredictable will remain nonmeasurable and nonpredictable ... no matter how much hate mail I get.
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Writing is the art of repeating oneself without anyone noticing.
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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 hated school because I liked to daydream and the system tried to stop me from that.
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Every social association that is not face-to-face is injurious to your health.
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An option hides where we don't want it to hide.
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Don't ask the barber whether you need a haircut, and don't ask an academic if what he does is relevant.
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true humility is when you can surprise yourself more than others the rest is either shyness or good marketing
Nassim Nicholas Taleb