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Comfort makes you weaker. We need some variability, some stressors. Not too much, but just enough.
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
Enough
Needs
Much
Stressors
Variability
Weaker
Comfort
Makes
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More quotes by Nassim Nicholas Taleb
The same past data can confirm a theory and its exact opposite! If you survive until tomorrow, it could mean that either a) you are more likely to be immortal or b) that you are closer to death.
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.
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When we want to do something while unconsciously certain to fail, we seek advice so we can blame someone else for the failure.
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If I could predict what my day would exactly look like, I would feel a little bit dead.
Nassim Nicholas Taleb
When some systems are stuck in a dangerous impasse, randomness and only randomness can unlock them and set them free.
Nassim Nicholas Taleb
I'm a capitalist but one who is smallist and localist, and who favours businesses where owners are still in charge.
Nassim Nicholas Taleb
Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.
Nassim Nicholas Taleb
For the classics philosophical insight was the product of a life of leisure for me a life of leisure is the product of philosophical insight.
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What we do today has nothing to do with capitalism or socialism. It is a crony type of system that transfers money to the coffers of bureaucrats.
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I disagree with the followers of Marx and those of Adam Smith: the reason free markets work is because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill.
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A prophet is not someone with special visions, just someone blind to most of what others see
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Steve Jobs, Bill Gates and Mark Zuckerberg didn't finish college. Too much emphasis is placed on formal education - I told my children not to worry about their grades but to enjoy learning.
Nassim Nicholas Taleb
It's harder to say 'no' when you really mean it.
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The rationalist imagines an imbecile-free society the empiricist and imbecile-proof one, or even better, a rationalist-proof one.
Nassim Nicholas Taleb
We should ban banks from risk-taking because society is going to pay the price.
Nassim Nicholas Taleb
Karl Marx, a visionary, figured out that you can control a slave much better by convincing him he is an employee.
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Never think that lack of variability is stability. Don't confuse lack of volatility with stability, ever.
Nassim Nicholas Taleb
If you are in banking and lending, surprise outcomes are likely to be negative for you.
Nassim Nicholas Taleb
I hated school because I liked to daydream and the system tried to stop me from that.
Nassim Nicholas Taleb
Only the autodidacts are free.
Nassim Nicholas Taleb
