Nassim Nicholas Taleb Quotes
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Modernity needs to understand that being rich and becoming rich are not mathematically, personally, socially, and ethically the same thing.
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Modernity: we created youth without heroism, age without wisdom, and life without grandeur.
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Those who do not think that employment is systemic slavery are either blind or employed.
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The sucker’s trap is when you focus on what you know and what others don’t know, rather than the reverse.
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Daily news and sugar confuse our system in the same manner.
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Restaurants get you in with food to sell you liquor; religions get you in with belief to sell you rules.
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We didn't get where we are thanks to the sissy notion of resilience.
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A mistake is not something to be determined after the fact, but in the light of the information until that point.
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You can tell how uninteresting a person is by asking him whom he finds interesting.
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Academia is to knowledge what prostitution is to love.
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Cumulative errors depend largely on the big surprises, the big opportunities. Not only do economic, financial, and political predictors miss them, but they are quite ashamed to say anything outlandish to their clients - and yet events, it turns out, are almost always outlandish.
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Ethical man accords his profession to his beliefs, instead of according his beliefs to his profession.
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Modernity has replaced ethics with legalese.
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The economics establishment (universities, regulators, central bankers, government officials, various organisations staffed with economists) lost its legitimacy with the failure of the system. It is irresponsible and foolish to put our trust in the ability of such experts to get us out of this mess. Instead, find the smart people whose hands are clean.
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The twentieth century was the bankruptcy of the social utopia; the twenty-first will be that of the technological one.
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I try to make money infrequently, as infrequently as possible simply because I believe that rare events are not fairly valued, and that the rarer the event, the more undervalued it will be in price.
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There is no effective difference between guessing a variable that is not random, but for which information is partial or deficient (...), and a random one (...). In this sense, guessing (what I don't know, but what someone else may know) and predicting (what has not taken place yet) are the same thing.
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This makes living in big cities invaluable because you increase the odds of serendipitous encounters - you gain exposure to the envelope of serendipity.
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The fragile wants tranquility, the antifragile grows from disorder, and the robust doesn't care too much.
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History is opaque. You see what comes out, not the script that produces events, ... The generator of historical events is different from the events themselves, much as the minds of the gods cannot be read just by witnessing their deeds.