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
self logic accepting
It takes extraordinary wisdom and self-control to accept that many things have a logic we do not understand that is smarter than our own.
focus traps sucker
The sucker's trap is when you focus on what you know and what others don't know, rather than the reverse.
mistake errors benefits
It is often the mistakes of others that benefit the rest of us and, sadly, not them ... For the antifragile, harm from errors should be less than the benefits.
theory dangerous dangerous-things
[A] theory is a very dangerous thing to have.
tragedy boring virtue
The tragedy of virtue is that the more obvious, boring, unoriginal, and sermonizing the proverb, the harder it is to implement.
venture payoff humans
The payoff of a human venture is, in general, inversely proportional to what it is expected to be.
wise nerd fool
The fool generalizes the particular; the nerd particularizes the general; some do both; and the wise does neither
common-sense age collections
I remind myself of Einstein's remark that common sense is nothing but a collection of misconceptions acquired by age 18...
return combination variance
I always remind myself that what one observes is at best a combination of variance and returns, not just returns.
belief liquor restaurants
Restaurants get you in with food to sell you liquor; religions get you in with belief to sell you rules.
arrows understanding together
The narrative fallacy addresses our limited ability to look at sequences of facts without weaving an explanation into them, or, equivalently, forcing a logical link, an arrow of relationship, upon them. Explanations bind facts together. They make them all the more easily remembered; they help them make more sense. Where this propensity can go wrong is when it increases our impression of understanding.
greatness hatred replacements
Greatness starts with the replacement of hatred with polite disdain.
college nuclear-families social
Decomposition, for most, starts when they leave the free, social, and uncorrupted college life for the solitary confinement of professions and nuclear families.
pride talent shame
Only in recent history has "working hard" signaled pride rather than shame for lack of talent, finesse and, mostly, sprezzatura .