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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.
Nassim Nicholas Taleb
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Nassim Nicholas Taleb
Age: 64
Born: 1960
Born: September 11
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Economist
Essayist
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
My best definition of a nerd: someone who asks you to explain an aphorism
Nassim Nicholas Taleb
Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal citizens require. Citizens should experience anxiety about their own businesses (which they control), not their investments (which they do not control).
Nassim Nicholas Taleb
Realism is punishing. Probabilistic skepticism is worse.
Nassim Nicholas Taleb
The number of managers with great track records in a given market depends far more on the number of people who started in the investment business (in place of going to dental school), rather than on their ability to produce profits.
Nassim Nicholas Taleb
They think that intelligence is about noticing things are relevant (detecting patterns) in a complex world, intelligence consists in ignoring things that are irrelevant (avoiding false patterns)
Nassim Nicholas Taleb
The more data we have, the more likely we are to drown in it.
Nassim Nicholas Taleb
Experience is devoid of the cherry-picking that we find in studies.
Nassim Nicholas Taleb
The difference between slaves in Roman and Ottoman days and today's employees is that slaves did not need to flatter their boss.
Nassim Nicholas Taleb
To bankrupt a fool, give him information.
Nassim Nicholas Taleb
[A] theory is a very dangerous thing to have.
Nassim Nicholas Taleb
Never trust a journalist unless she's your mother.
Nassim Nicholas Taleb
I remind myself of Einstein's remark that common sense is nothing but a collection of misconceptions acquired by age 18.
Nassim Nicholas Taleb
We should reward people, not ridicule them, for thinking the impossible.
Nassim Nicholas Taleb
Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have—or don’t have—in their portfolio.
Nassim Nicholas Taleb
Daily news and sugar confuse our system in the same manner.
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
Most people are sceptical about the wrong things and gullible about the wrong things.
Nassim Nicholas Taleb
The fool generalizes the particular the nerd particularizes the general some do both and the wise does neither
Nassim Nicholas Taleb
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.
Nassim Nicholas Taleb
People used to wear ordinary clothes weekdays, and formal attire on Sunday. Today it is the exact reverse.
Nassim Nicholas Taleb
