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
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.
being-yourself jobs school
You want to be yourself, idiosyncratic; the collective (school, rules, jobs, technology) wants you generic to the point of castration.
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.
data
The more data we have, the more likely we are to drown in it.
theory dangerous dangerous-things
[A] theory is a very dangerous thing to have.
stress modern-life life-is
Much of modern life is preventable chronic stress injury.
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.
fun loser flaws
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
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.
odds alternatives outcomes
Probability is not about the odds, but about the belief in the existence of an alternative outcome, cause, or motive.