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Don't disturb complicated systems that have been around for a very long time. We don't understand their logic. Don't pollute the planet. Leave it the way we found it, regardless of scientific 'evidence'.
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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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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If you roll dice, you know that the odds are one in six that the dice will come up on a particular side. So you can calculate the risk. But, in the stock market, such computations are bull - you don't even know how many sides the dice have!
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Simplicity is not so simple to attain.
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But they never notice the following inconsistency: this so-called worst-case event, when it happened, exceeded the worst case at the time.
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Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same the antifragile gets better.
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What we need to do is break the financial community's grip on society.
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I don't know anyone on Wall Street who goes to work every day thinking of anything but how to increase their bonus.
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History is opaque. You see what comes out, not the script that produces events, [...] The generator of historical events is different from the events themselves, much as the minds of the gods cannot be read just by witnessing their deeds.
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The fragile wants tranquility, the antifragile grows from disorder, and the robust doesn't care too much.
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Charm is the ability to insult people without offending them nerdiness the reverse
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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).
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Maximum of an average is necessarily less volatile than the average maximum
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Much of aging comes from a misunderstanding of the effect of comfort.
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It's not a good idea to take a forecast from someone wearing a tie. If possible, tease people who take themselves and their knowledge too seriously.
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If you don't feel that you haven't read enough, you haven't read enough.
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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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A prophet is not someone with special visions, just someone blind to most of what others see
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Wit seduces by signaling intelligence without nerdiness.
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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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Ideas come and go, stories stay.
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