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The traits I respect are erudition and the courage to stand up when half-men are afraid for their reputation. Any idiot can be intelligent.
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
Half
Traits
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Idiot
Reputation
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Afraid
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Erudition
More quotes by Nassim Nicholas Taleb
Someone bemoaned that there were so few women in economics. But there are also very few men in economics.
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The characteristic feature of the loser is to bemoan, in general terms, mankind's flaws, biases, contradictions, and irrationality - without exploiting them for fun and profit
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Aesthetics, ethics, and many good things in humans are contagious.
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Realism is punishing. Probabilistic skepticism is worse.
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A mistake is not something to be determined after the fact, but in the light of the information until that point.
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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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Economics make homeopath and alternative healers look empirical and scientific.
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Never take advice from someone wearing a tie.
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If you're going to fail, you'd rather fail early than fail late in general.
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The twentieth century was the bankruptcy of the social utopia the twenty-first will be that of the technological one.
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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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Simplicity is not so simple to attain.
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You get pseudo-order when you seek order you only get a measure of order and control when you embrace randomness.
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As countries get rich they start increasing education and the very educated people tend to not like trial and error, because they think they're obligated to use the body of knowledge they have.
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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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Philosophers talk about truth and falsehood. People in life talk about payoff, exposure, and consequences (risks and rewards), hence fragility and antifragility. And sometimes philosophers and thinkers and those who study conflate Truth with risks and rewards.
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An option hides where we don't want it to hide.
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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
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Injecting some confusion stabilizes the system.
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The book is the only medium left that hasn't been corrupted by the profane.
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