Taleb Famous Quotes & Sayings

100 Taleb Famous Sayings, Quotes and Quotation.

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Heroes are heroes because they are heroic in behavior, not because they won or lost.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Heroes are heroes because they are heroic in behavior, not because they won or lost.
wealth does not count so much into one's well-being as the route one uses to get to it.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: wealth does not count so much into one's well-being as the route one uses to
Loss of mental function, taste for Frank Sinatra music, and similar degenerative effects.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Loss of mental function, taste for Frank Sinatra music, and similar degenerative effects.
The central idea in The Black Swan is that: rare events cannot be estimated from empirical observation since they are rare.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: The central idea in The Black Swan is that: rare events cannot be estimated from
the studious examination of the past in the greatest of detail does not teach you much about the mind of History; it only gives you the illusion of understanding it.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: the studious examination of the past in the greatest of detail does not teach you
You need a story to displace a story.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: You need a story to displace a story.
It does not matter how frequently something succeeds if failure is too costly to bear.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: It does not matter how frequently something succeeds if failure is too costly to bear.
Restaurants get you in with food to sell you liquor; religions get you in with belief to sell you rules.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Restaurants get you in with food to sell you liquor; religions get you in with
Love without sacrifice is like theftNassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Love without sacrifice is like theft
Modernity has replaced ethics with legalese, and the law can be gamed with a good lawyer.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Modernity has replaced ethics with legalese, and the law can be gamed with a good
Abundance is harder for us to handle than scarcity.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Abundance is harder for us to handle than scarcity.
Most people are sceptical about the wrong things and gullible about the wrong things.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Most people are sceptical about the wrong things and gullible about the wrong things.
The epiphany I had in my career in randomness came when I understood that I was not intelligent enough, nor strong enough, to even try to fight my emotions.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: The epiphany I had in my career in randomness came when I understood that I
Information is bad for knowledge.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Information is bad for knowledge.
We are not made to view things as independent from each other. When viewing two events A and B, it is hard not to assume that A causes B, B causes A, or both cause each other. Our bias is immediately to establish a causal link.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: We are not made to view things as independent from each other. When viewing two
The hidden benefit of antifragility is that you can guess worse than random and still end up outperforming.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: The hidden benefit of antifragility is that you can guess worse than random and still
Scientists don't know what they are talking about when they talk about religion. Religion has nothing to do with belief, and I don't believe it has any negative impact on people's lives outside of intolerance. Why do I go to church? It's like asking, why did you marry that woman? You make up reasons, but it's probably just smell. I love the smell of candles. It's an aesthetic thing.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Scientists don't know what they are talking about when they talk about religion. Religion has
A man is honorable in proportion to the personal risks he takes for his opinion - in other words, the amount of downside he is exposed to.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: A man is honorable in proportion to the personal risks he takes for his opinion
Never ask a man if he is from Sparta: If he were, he would have let you know such an important fact - and if he were not, you could hurt his feelings.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Never ask a man if he is from Sparta: If he were, he would have
This idea that in order to make a decision you need to focus on the consequences (which you can know) rather than the probability (which you can't know) is the central idea of uncertainty.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: This idea that in order to make a decision you need to focus on the
It is far easier to figure out if something is fragile than to predict the occurrence of an event that may harm it.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: It is far easier to figure out if something is fragile than to predict the
my antidote to Black Swans is precisely to be noncommoditized in my thinking. ButNassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: my antidote to Black Swans is precisely to be noncommoditized in my thinking. But
Life is a tightrope between two errors: generalizing the wrong particular and particularizing the wrong general.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Life is a tightrope between two errors: generalizing the wrong particular and particularizing the wrong
It is as if the mission of modernity was to squeeze every drop of variability and randomness out of life - with the ironic result of making the world a lot more unpredictable, as if the goddesses of chance wanted to have the last word.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: It is as if the mission of modernity was to squeeze every drop of variability
We humans lack imagination, to the point of not even knowing what tomorrow's important things will look like.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: We humans lack imagination, to the point of not even knowing what tomorrow's important things
A mistake is not something to be determined after the fact, but in light of the information available until that pointNassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: A mistake is not something to be determined after the fact, but in light of
People feel deep anxiety finding out that someone they thought was stupid is actually more intelligent than they are.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: People feel deep anxiety finding out that someone they thought was stupid is actually more
Never take advice from someone wearing a tie.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Never take advice from someone wearing a tie.
Meditation is a way to be narcissistic without hurting anyoneNassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Meditation is a way to be narcissistic without hurting anyone
You never win an argument until they attack your person.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: You never win an argument until they attack your person.
Switzerland is the perfect place where you have volatility at a municipal level that nothing up top - small units competing with each other.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Switzerland is the perfect place where you have volatility at a municipal level that nothing
Procrustes, in Greek mythology, was the cruel owner of a small estate in Corydalus in Attica, on the way between Athens and Eleusis, where the mystery rites were performed. Procrustes had a peculiar sense of hospitality: he abducted travelers, provided them with a generous dinner, then invited them to spend the night in a rather special bed. He wanted the bed to fit the traveler to perfection. Those who were too tall had their legs chopped off with a sharp hatchet; those who were too short were stretched (his name was said to be Damastes, or Polyphemon, but he was nicknamed Procrustes, which meant "the stretcher").Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Procrustes, in Greek mythology, was the cruel owner of a small estate in Corydalus in
Members of the Athenian assemblies were chosen by lot, a method meant to protect the system from degeneracy. Luckily, this effect has been investigated with modern political systems. In a computer simulation, Alessandro Pluchino and his colleagues showed how adding a certain number of randomly selected politicians to the process can improve the functioning of the parliamentary system.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Members of the Athenian assemblies were chosen by lot, a method meant to protect the
What kills me makes others stronger,Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: What kills me makes others stronger,
system that overcompensates is necessarily in overshooting mode,Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: system that overcompensates is necessarily in overshooting mode,
Political life loves some volatility.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Political life loves some volatility.
I will repeat the following until I am hoarse: it is contagion that determines the fate of a theory in social science, not its validity.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: I will repeat the following until I am hoarse: it is contagion that determines the
Redundancy is ambiguous because it seems like a waste if nothing unusual happens. Except that something unusual happens-usually .Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Redundancy is ambiguous because it seems like a waste if nothing unusual happens. Except that
Categorizing is necessary for humans, but it becomes pathological when the category is seen as definitive, preventing people from considering the fuzziness of boundaries,Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Categorizing is necessary for humans, but it becomes pathological when the category is seen as
It is the system and its fragility, not events, that must be studied - whatNassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: It is the system and its fragility, not events, that must be studied - what
In an antique city-state, or a modern municipality, shame is the penalty for the violation of ethics - making things more symmetric. Banishment and exile, or, worse, ostracism were severe penalties - people did not move around voluntarily and considered uprooting a horrible calamity. In larger organisms like the mega holy nation-state, with a smaller role for face-to-face encounters, and social roots, shame ceases to fulfill its duty of disciplinarian.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: In an antique city-state, or a modern municipality, shame is the penalty for the violation
Asking science to explain life and vital matters is equivalent to asking a grammarian to explain poetry.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Asking science to explain life and vital matters is equivalent to asking a grammarian to
Not seeing a tsunami or an economic event coming is excusable; building something fragile to them is not.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Not seeing a tsunami or an economic event coming is excusable; building something fragile to
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.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: History is opaque. You see what comes out, not the script that produces events, [
By setting oneself totally free of constraints, free of thoughts, free of this debilitating activity called work, free of efforts, elements hidden in the texture of reality start staring at you; then mysteries that you never thought existed emerge in front of your eyes.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: By setting oneself totally free of constraints, free of thoughts, free of this debilitating activity
Mental clarity is the child of courage, not the other way around.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Mental clarity is the child of courage, not the other way around.
A life saved is a statistic; a person hurt is an anecdote. Statistics are invisible; anecdotes are salient.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: A life saved is a statistic; a person hurt is an anecdote. Statistics are invisible;
Don't complain too loud about wrongs done you; you may give ideas to your less imaginative enemies.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Don't complain too loud about wrongs done you; you may give ideas to your less
Never take advice from anyone in a tie. They'll bankrupt you. Don't ask a general for advice on war, and don't ask a broker for advice on money.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Never take advice from anyone in a tie. They'll bankrupt you. Don't ask a general
It would appear to a quoting dilettante - i.e., one of those writers and scholars who fill up their texts with phrases from some dead authority - that, as phrased by Hobbes, "from like antecedents flow like consequents." Those who believe in the unconditional benefits of past experience should consider this pearl of wisdom allegedly voiced by a famous ship's captain:
"But in all my experience, I have never been in any accident ... of any sort worth speaking about. I have seen but one vessel in distress in all my years at sea. I never saw a wreck and never have been wrecked nor was I ever in any predicament that threatened to end in disaster of any sort." E. J. Smith, 1907, Captain, RMS
Titanic Captain Smith's ship sank in 1912 in what became the most talked-about shipwreck in history.
Nicholas Nassim Taleb Taleb Sayings By Nicholas Nassim Taleb: It would appear to a quoting dilettante - i.e., one of those writers and scholars
My point taken further is that True and False (hence what we call "belief") play a poor, secondary role in human decisions; it is the payoff from the True and the False that dominates-and it is almost always asymmetric, with one consequence much bigger than the other, i.e., harboring positive and negative asymmetries (fragile or antifragile). Let me explain.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: My point taken further is that True and False (hence what we call "belief") play
...the mental probabilistic map in one's mind is so geared toward sensational that one would realize informational gains by dispensing with the news.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: ...the mental probabilistic map in one's mind is so geared toward sensational that one would
The writer Umberto Eco belongs to that small class of scholars who are encyclopedic, insightful, and nondull. He is the owner of a large personal library (containing thirty thousand books), and separates visitors into two categories: those who react with "Wow! Signore, professore dottore Eco, what a library you have ! How many of these books have you read?" and the others - a very small minority - who get the point that a private library is not an ego-boosting appendage but a research tool. Read books are far less valuable than unread ones. The library should contain as much of what you don't know as your financial means, mortgage rates and the currently tight real-estate market allows you to put there. You will accumulate more knowledge and more books as you grow older, and the growing number of unread books on the shelves will look at you menancingly. Indeed, the more you know, the larger the rows of unread books. Let us call this collection of unread books an antilibrary.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: The writer Umberto Eco belongs to that small class of scholars who are encyclopedic, insightful,
My dream - the solution - is that we would have a National Entrepreneur Day, with the following message: Most of you will fail, disrespected, impoverished, but we are grateful for the risks you are taking and the sacrifices you are making for the sake of the economic growth of the planet and pulling others out of poverty. You are at the source of our antifragility. Our nation thanks you.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: My dream - the solution - is that we would have a National Entrepreneur Day,
On the day when we are able to foresee inventions we will be living in a state where everything conceivable has been invented. OurNassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: On the day when we are able to foresee inventions we will be living in
Breaking a fast feels like the exact opposite of a hangover.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Breaking a fast feels like the exact opposite of a hangover.
Stoicism, seen this way, becomes pure robustness - for the attainment of a state of immunity from one's external circumstances, good or bad, and an absence of fragility to decisions made by fate, is robustness. Random events won't affect us either way (we are too strong to lose, and not greedy to enjoy the upside), so we stay in the middle column of the Triad.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Stoicism, seen this way, becomes pure robustness - for the attainment of a state of
An observation that people who live permanently in an adoptive country tend to progressively generalize the bad and particularize the good, that is, attribute the bad traits in people they encounter to the national trait of the natives, and the good things to the individual.
This holds equally well for French people living in the U.S. as it does for Americans living in France.
Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: An observation that people who live permanently in an adoptive country tend to progressively generalize
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 Taleb Sayings By Nassim Nicholas Taleb: The difference between slaves in Roman and Ottoman days and today's employees is that slaves
I am not here to live forever, as a sick animal. Recall that the antifragility of a system comes from the mortality of its components - and I am part of that larger population called humans. I am here to die a heroic death for the sake of the collective, to produce offspring (and prepare them for life and provide for them), or eventually, books - my information, that is, my genes, the antifragile in me, should be the ones seeking immortality, not me. ThenNassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: I am not here to live forever, as a sick animal. Recall that the antifragility
A prophet is not someone who first had an idea. He is the one to first believe in it and take it to its conclusion.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: A prophet is not someone who first had an idea. He is the one to
higher concentration of dopamine appears to lower skepticism and result in greater vulnerability to pattern detection; anNassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: higher concentration of dopamine appears to lower skepticism and result in greater vulnerability to pattern
cocksure prophet. Where I beg to differ with the greatNassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: cocksure prophet. Where I beg to differ with the great
Don't understand? is, simply, work on the undesirable states of f(x). It is often easier to modify f(x) than to get better knowledge of x. (In other words, robustification rather than forecasting Black Swans.) Example: If I buy an insurance onNassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Don't understand? is, simply, work on the undesirable states of f(x). It is often easier
Men destroy each other during war, themselves during peacetime.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Men destroy each other during war, themselves during peacetime.
Now take a look at the cemetery. It is quite difficult to do so because people who fail do not seem to write memoirs, and, if they did, those business publishers I know would not even consider giving them the courtesy of a returned phone call (as to returned e-mail, fuhgedit). Readers would not pay $26.95 for a story of failure, even if you convinced them that it had more useful tricks than a story of success.* The entire notion of biography is grounded in the arbitrary ascription of a causal relation between specified traits and subsequent events. Now consider the cemetery. The graveyard of failed persons will be full of people who shared the following traits: courage, risk taking, optimism, et cetera. Just like the population of millionaires. There may be some differences in skills, but what truly separates the two is for the most part a single factor: luck. Plain luck.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Now take a look at the cemetery. It is quite difficult to do so because
But the worst touristification is the life we moderns have to lead in captivity, during our leisure hours: Friday night opera, scheduled parties, scheduled laughs. Again, golden jail. This "goal-driven" attitude hurts deeply inside my existential self.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: But the worst touristification is the life we moderns have to lead in captivity, during
We can, however, assess regularities by running precise and thorough experiments on how people react under certain conditions, and keep a tally of what we see.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: We can, however, assess regularities by running precise and thorough experiments on how people react
He saves his iciest hate for economists. Taleb has no use for the "charlatanic" field, comparing economic research to medieval medicine.Anonymous Taleb Sayings By Anonymous: He saves his iciest hate for economists. Taleb has no use for the "charlatanic" field,
Do not take someone's silence as his pride,perhaps he is busy fighting with his selfAli Ibn Abi Taleb Taleb Sayings By Ali Ibn Abi Taleb: Do not take someone's silence as his pride,perhaps he is busy fighting with his self
All of technology, really, is about maximizing free options.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: All of technology, really, is about maximizing free options.
And the Black Swan is what we leave out of simplification.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: And the Black Swan is what we leave out of simplification.
Difficulty is what wakes up the geniusNassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Difficulty is what wakes up the genius
This nationality business helps you make a great story and satisfies your hunger for ascription of causes. It seems to be the dump site where all explanations go until one can ferret out a more obvious one (such as, say, some evolutionary argument that "makes sense"). Indeed,Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: This nationality business helps you make a great story and satisfies your hunger for ascription
Dignity is worth nothing unless you earn it, unless you are willing to pay a price for it.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Dignity is worth nothing unless you earn it, unless you are willing to pay a
We humans are the victims of an asymmetry in the perception of random events. We attribute our successes to our skills, and our failures to external events outside our control, namely to randomness.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: We humans are the victims of an asymmetry in the perception of random events. We
Greatness starts with the replacement of hatred with polite disdain.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Greatness starts with the replacement of hatred with polite disdain.
Seneca's version of that Stoicism is antifragility from fate. No downside from Lady Fortuna, plenty of upside.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Seneca's version of that Stoicism is antifragility from fate. No downside from Lady Fortuna, plenty
Things are always obvious after the fact. The civil servant was a very intelligent person, and this mistake is much more prevalent than one would think. It has to do with the way our mind handles historical information.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Things are always obvious after the fact. The civil servant was a very intelligent person,
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!Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: If you roll dice, you know that the odds are one in six that the
We favor the sensational and the extremely visible. This affects the way we judge heroes. There is little room in our consciousness for heroes who do not deliver visible results - or those heroes who focus on process rather than results.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: We favor the sensational and the extremely visible. This affects the way we judge heroes.
The American people will eventually get hurt by this accumulated deficit. That's the problem. We have too much deficit. We have to find a solution.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: The American people will eventually get hurt by this accumulated deficit. That's the problem. We
If my detractors knew me better they would hate me even more.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: If my detractors knew me better they would hate me even more.
ignoramus et ignorabimus - we are ignorant and will remain so. SomehowNassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: ignoramus et ignorabimus - we are ignorant and will remain so. Somehow
What he likes most about proprietary trading is that it requires considerably less time than other high-paying professions; in other words it is perfectly compatible with his non-middle-class work ethic. Trading forces someone to think hard; those who merely work hard generally lose their focus and intellectual energy. In addition, they end up drowning in randomness; work ethics, Nero believes, draw people to focus on noise rather than the signalNassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: What he likes most about proprietary trading is that it requires considerably less time than
I want to live happily in a world I don't understand.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: I want to live happily in a world I don't understand.
I had time to kill at the airport and it was a great opportunity for me to buy dark European chocolate, especially since I have managed to successfully convince myself that airport calories don't count. TheNassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: I had time to kill at the airport and it was a great opportunity for
When an investor focuses on short-term investments, he or she is observing the variability of the portfolio, not the returns - in short, being fooled by randomness.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: When an investor focuses on short-term investments, he or she is observing the variability of
In science you need to understand the world; in business you need others to misunderstand it.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: In science you need to understand the world; in business you need others to misunderstand
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 Taleb Sayings By Nassim Nicholas Taleb: Don't disturb complicated systems that have been around for a very long time. We don't
Read books are far less valuable than unread ones. The library should contain as much of what you do not know as your financial means, mortgage rates, and the currently tight real-estate market alow you to put there.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Read books are far less valuable than unread ones. The library should contain as much
The world in which we live has an increasing number of feedback loops, causing events to be the cause of more events (say, people buy a book because other people bought it), thus generating snowballs and arbitrary and unpredictable planet-wide winner-take-all effects.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: The world in which we live has an increasing number of feedback loops, causing events
What we need to do is break the financial community's grip on society.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: What we need to do is break the financial community's grip on society.
Information is antifragile; it feeds more on attempts to harm it than it does on efforts to promote it.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Information is antifragile; it feeds more on attempts to harm it than it does on
Never think that lack of variability is stability. Don't confuse lack of volatility with stability, ever.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Never think that lack of variability is stability. Don't confuse lack of volatility with stability,
It seems that it is the most unsuccessful people who give the most advice, particularly for writing and financial matters.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: It seems that it is the most unsuccessful people who give the most advice, particularly
People used to wear ordinary clothes weekdays, and formal attire on Sunday. Today it is the exact reverse.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: People used to wear ordinary clothes weekdays, and formal attire on Sunday. Today it is
Suckers try to win arguments, nonsuckers try to win.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Suckers try to win arguments, nonsuckers try to win.
Probability and expectation are not the same. Its probability and probability times the pay off.Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: Probability and expectation are not the same. Its probability and probability times the pay off.
(I've had a hard time conveying to intellectuals the intellectual superiority of practice.)Nassim Nicholas Taleb Taleb Sayings By Nassim Nicholas Taleb: (I've had a hard time conveying to intellectuals the intellectual superiority of practice.)