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
fails
Bailing out every bank that fails makes the system riskier, not safer.
surplus
Governments that try to shoot for a surplus hardly ever reach it.
accounts catholic crusades deeply french greek sceptical school side
If you are an Arabic-speaking, Greek-Orthodox going to a French school it makes you deeply sceptical if you have to listen to three different accounts of the Crusades - one from the Muslim side, one from the Greek side and one from the Catholic side.
risks
If you take risks and face your fate with dignity, there is nothing you can do that makes you small; if you don't take risks, there is nothing you can do that makes you grand, nothing.
children
You know, children philosophize more than adults - and they are critical of adults.
happiness humanity replace trade
Corporations take the humanity out of trade - they take the happiness out and replace it with something that is ugly.
delay large members united
In the United States, large corporations control some members of Congress. All this does is delay the corporation's funeral at our expense.
experience looking next recognize solace time
The next time you experience a blackout, take some solace by looking at the sky. You will not recognize it.
accept false knowledge limits people
The people I go after are the false experts, those who do not accept the limits of their knowledge.
drop except local
I don't go to the doctor except when I'm very ill, and when I go to India, I drink a drop of local water.
noticed
Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.
functions home human run textbook understood victims view
We are victims of the post-Enlightenment view that the world functions like a sophisticated machine, to be understood like a textbook engineering problem and run by wonks. In other words, like a home appliance, not like the human body.
callous designed people provide social turn
In social policy, when we provide a safety net, it should be designed to help people take more entrepreneurial risks, not to turn them into dependents. This doesn't mean that we should be callous to the underprivileged.