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Prediction, not narration, is the real test of our understanding of the world.
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
Narration
Prediction
Predictions
Test
Tests
Understanding
Real
World
More quotes by Nassim Nicholas Taleb
Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms.
Nassim Nicholas Taleb
The more data we have, the more likely we are to drown in it.
Nassim Nicholas Taleb
Decomposition, for most, starts when they leave the free, social, and uncorrupted college life for the solitary confinement of professions and nuclear families.
Nassim Nicholas Taleb
The psychologist Gerd Gigerenzer has a simple heuristic. Never ask the doctor what you should do. Ask him what he would do if he were in your place. You would be surprised at the difference
Nassim Nicholas Taleb
If you let markets - in general, my belief is that if you let markets give you information, they'll give you the information rather than artificially prop up everything.
Nassim Nicholas Taleb
Debt is a mistake between lender and borrower, and both should suffer.
Nassim Nicholas Taleb
Injecting some confusion stabilizes the system.
Nassim Nicholas Taleb
A good maxim allows you to have the last word without even starting a conversation.
Nassim Nicholas Taleb
Modernity widened the distance between the sensational and the relevant.
Nassim Nicholas Taleb
We should ban banks from risk-taking because society is going to pay the price.
Nassim Nicholas Taleb
The grandchildren should not bear the debts of the grandparents.
Nassim Nicholas Taleb
I want to live happily in a world I don’t understand.
Nassim Nicholas Taleb
The fastest way to become rich is to socialize with the poor the fastest way to become poor is to socialize with the rich.
Nassim Nicholas Taleb
Forecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.
Nassim Nicholas Taleb
It's harder to say 'no' when you really mean it.
Nassim Nicholas Taleb
Only in recent history has working hard signaled pride rather than shame for lack of talent, finesse and, mostly, sprezzatura .
Nassim Nicholas Taleb
It is also naïve empiricism to provide, in support of some argument, series of eloquent confirmatory quotes by dead authorities. By searching, you can always find someone who made a well-sounding statement that confirms your point of view and, on every topic, it is possible to find another dead thinker who said the exact opposite.
Nassim Nicholas Taleb
Doctors most commonly get mixed up between absence of evidence and evidence of abense
Nassim Nicholas Taleb
You want to favor systems that benefit from error, disorder, variability and things like that. You want to favor these systems and unfortunately, when - there's something I call the Soviet Illusion. The more the government becomes intrusive, the more things have to follow a script, and it can't handle this kind of system.
Nassim Nicholas Taleb
Just as being nice to the arrogant is no better than being arrogant toward the nice, being accommodating toward anyone committing a nefarious action condones it.
Nassim Nicholas Taleb
