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Anything that provides you with very, very stable income, very stable conditions, maybe generally stable, that often, it masks real risks, risks of blow-ups.

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
Anything
Mask
Real
Generally
Income
Blow
Conditions
Masks
Risk
Provides
Maybe
Risks
Often
Stable

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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.
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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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Never trust a journalist unless she's your mother.
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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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It does not matter how frequently something succeeds if failure is too costly to bear.
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We should ban banks from risk-taking because society is going to pay the price.
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The sucker's trap is when you focus on what you know and what others don't know, rather than the reverse.
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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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Capitalism is about adventurers who get harmed by their mistakes, not people who harm others with their mistakes.
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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.
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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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I'd rather have the market tell us what - I'd rather have events precipitate events, rather than just sit there like passive people in Washington.
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Realism is punishing. Probabilistic skepticism is worse.
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