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To succeed in life requires a total inability to do anything that makes you uncomfortable when you look at yourself in the mirror.
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
Look
Mirror
Looks
Uncomfortable
Life
Total
Mirrors
Requires
Succeed
Makes
Anything
Inability
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The more data we have, the more likely we are to drown in it.
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Stoicism is about the *domestication* of emotions, not their elimination.
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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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People focus on role models it is more effective to find antimodels - people you don't want to resemble when you grow up
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Cumulative errors depend largely on the big surprises, the big opportunities. Not only do economic, financial, and political predictors miss them, but they are quite ashamed to say anything outlandish to their clients and yet events, it turns out, are almost always outlandish.
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Don't ask the barber whether you need a haircut, and don't ask an academic if what he does is relevant.
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Never ask a trader if he is profitable: you can easily see it in his gesture and gait.
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When you develop your opinions on the basis of weak evidence, you will have difficulty interpreting subsequent information that contradicts these opinions, even if this new information is obviously more accurate.
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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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This is the tragedy of modernity: as with neurotically overprotective parents, those trying to help are often hurting us the most.
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The fool generalizes the particular the nerd particularizes the general some do both and the wise does neither
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Heroes are heroes because they are heroic in behavior, not because they won or lost.
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If you're going to fail, you'd rather fail early than fail late in general.
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Go to parties. You can't even start to know what you may find on the envelope of serendipity. If you suffer from agoraphobia, send colleagues.
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Forecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.
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Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.
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It was obvious that their profits were simply cash borrowed from destiny with some random payback time.
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I want them poor and they deserve to be poor. You can't have capitalism without punishment.
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Paul Krugman is a danger to society!
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Someone bemoaned that there were so few women in economics. But there are also very few men in economics.
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