Nassim Nicholas Taleb

Nassim Nicholas Taleb
Nassim Nicholas Talebis a Lebanese-American essayist, scholar, statistician, former trader, and risk analyst, whose work focuses on problems of randomness, probability, and uncertainty. His 2007 book The Black Swan was described in a review by the Sunday Times as one of the twelve most influential books since World War II...
NationalityLebanese
ProfessionScientist
CountryLebanon
Nassim Nicholas Taleb quotes about
mistake people harm
Capitalism is about adventurers who get harmed by their mistakes, not people who harm others with their mistakes.
ifs-and taste rich
You are rich if and only if money you refuse tastes better than money you accept.
loneliness emotional suffering
Poverty is clearly one source of emotional suffering, but there are others, like loneliness.
rivers feet average
Don't cross a river if it is four feet deep on average.
skills errors people
I disagree with the followers of Marx and those of Adam Smith: the reason free markets work is because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or "incentives" for skill.
becoming needs rich
Modernity needs to understand that being rich and becoming rich are not mathematically, personally, socially, and ethically the same thing.
beautiful people agitation
Older people are most beautiful when they have what is lacking in the young: poise, erudition, wisdom, phronesis, and this post-heroic absence of agitation.
views opposites support
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.
news sugar daily-news
Daily news and sugar confuse our system in the same manner.
failing late ifs
If you're going to fail, you'd rather fail early than fail late in general.
perfect levels switzerland
Switzerland is the perfect place where you have volatility at a municipal level that nothing up top - small units competing with each other.
mistake pay-the-price benefits
Bankers, they're not harmed by their mistakes. They benefit when things go right, and the society pays the price.
bankers bonus expenses
The bonus for bankers fragilizes the system. Someone has the upside at the expense of others.
love-life political volatility
Political life loves some volatility.