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
inability outliers courses
The inability to predict outliers implies the inability to predict the course of history
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
nice arrogant action
Just as being nice to the arrogant is no better than being arrogant toward the nice, being accommodating toward anyone committing a nefarious action condones it.
mistake light information
A mistake is not something to be determined after the fact, but in the light of the information until that point.
resilience get-better resilient
Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same; the antifragile gets better.
resilience thanks sissy
We didn't get where we are thanks to the sissy notion of resilience.
ornaments weakness shows
The weak shows his strength and hides his weaknesses; the magnificent exhibits his weaknesses like ornaments.
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.
venture payoff humans
The payoff of a human venture is, in general, inversely proportional to what it is expected to be.
sometimes randomness wells
Randomness works well in search sometimes better than humans.
stuck randomness dangerous
When some systems are stuck in a dangerous impasse, randomness and only randomness can unlock them and set them free.
academia enough surface
Academia is to knowledge what prostitution is to love; close enough on the surface but, to the non-sucker, not exactly the same thing.
tangible favors embedded
We favor the visible, the embedded, the personal, the narrated, and the tangible; we scorn the abstract.