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.
technology differences slavery
The difference between technology and slavery is that slaves are fully aware that they are not free
venture payoff humans
The payoff of a human venture is, in general, inversely proportional to what it is expected to be.
technology guy noise
The Internet allows the small guy a global marketplace. But technology is harmful in the sense that we get too much information from it. Because of the web we get 10 times the amount of noise we ever got, which makes harmful fallacies far more likely.
offending people nerd
Charm is the ability to insult people without offending them; nerdiness the reverse
technology maximizing
All of technology, really, is about maximizing free options.
weight injury heavy
I lift heavy weights and sprint, but I am so bad at it that I develop severe injuries.
computer clicks disclosure
Nobody reads the disclosures that roll down your computer screen. You click 'I agree' but you don't know what you're agreeing to.
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.
technology opposites cowardice
The opposite of manliness isn't cowardice; it's technology.
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.