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You exist if and only if you are free to do things without a visible objective, with no justification and, above all, outside the dictatorship of someone else’s narrative.
Nassim Nicholas Taleb
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Using, as an excuse, others’ failure of common sense is in itself a failure of common sense.
Nassim Nicholas Taleb
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Economics is a narrative discipline, and explanations are easy to fit retrospectively. (page 257)
Nassim Nicholas Taleb
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They are born, put in a box; they go home to live in a box; they study by ticking boxes; they go to what is called 'work' in a box, where they sit in their cubicle box; they drive to the grocery store in a box to buy food in a box; they talk about thinking 'outside the box'; and when they die they are put in a box.
Nassim Nicholas Taleb
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Older people are most beautiful when they have what is lacking in the young: poise, erudition, wisdom, phronesis, and this post-heroic absence of agitation.
Nassim Nicholas Taleb
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It’s harder to say no when you really mean it.
Nassim Nicholas Taleb
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Much of the research into humans' risk-avoidance machinery shows that it is antiquated and unfit for the modern world; it is made to counter repeatable attacks and learn from specifics. If someone narrowly escapes being eaten by a tiger in a certain cave, then he learns to avoid that cave.
Nassim Nicholas Taleb
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Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal citizens require. Citizens should experience anxiety about their own businesses (which they control), not their investments (which they do not control).
Nassim Nicholas Taleb
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I always remind myself that what one observes is at best a combination of variance and returns, not just returns.
Nassim Nicholas Taleb
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The same past data can confirm a theory and its exact opposite! If you survive until tomorrow, it could mean that either a) you are more likely to be immortal or b) that you are closer to death.
Nassim Nicholas Taleb
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Economists are evaluated on how intelligent they sound, not on a scientific measure of their knowledge of reality. (page 85)
Nassim Nicholas Taleb
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An idea starts to be interesting when you get scared of taking it to its logical conclusion.
Nassim Nicholas Taleb
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The difference between slaves in Roman and Ottoman days and today’s employees is that slaves did not need to flatter their boss.
Nassim Nicholas Taleb
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A man is honorable in proportion to the personal risks he takes for his opinion.
Nassim Nicholas Taleb
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While in theory randomness is an intrinsic property, in practice, randomness is incomplete information.
Nassim Nicholas Taleb
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Probability is not about the odds, but about the belief in the existence of an alternative outcome, cause, or motive.
Nassim Nicholas Taleb
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What is nonmeasurable and nonpredictable will remain nonmeasurable and nonpredictable ... no matter how much hate mail I get.
Nassim Nicholas Taleb
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He who has never sinned is less reliable than he who has only sinned once.
Nassim Nicholas Taleb
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Decomposition, for most, starts when they leave the free, social, and uncorrupted college life for the solitary confinement of professions and nuclear families.
Nassim Nicholas Taleb
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Much of aging comes from a misunderstanding of the effect of comfort.
Nassim Nicholas Taleb
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A theory is a very dangerous thing to have.
Nassim Nicholas Taleb
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If I could predict what my day would exactly look like, I would feel a little bit dead.
Nassim Nicholas Taleb
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Much of modern life is preventable chronic stress injury.
Nassim Nicholas Taleb
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It is painful to think about ruthlessness as an engine of improvement.
Nassim Nicholas Taleb
