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
banking outcomes negative
If you are in banking and lending, surprise outcomes are likely to be negative for you.
venture payoff humans
The payoff of a human venture is, in general, inversely proportional to what it is expected to be.
offending people nerd
Charm is the ability to insult people without offending them; nerdiness the reverse
weight injury heavy
I lift heavy weights and sprint, but I am so bad at it that I develop severe injuries.
philosopher walking
To become a philosopher, start by walking very slowly.
swans long black
In economic life and history more generally, just about everything of consequence comes from black swans; ordinary events have paltry effects in the long term.
policy-making anxiety relief
Forecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.
bankers bonus expenses
The bonus for bankers fragilizes the system. Someone has the upside at the expense of others.
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.