Debt is a mistake between lender and borrower, and both should suffer. — Nassim Nicholas Taleb Copy Share Image
A mistake is not something to be determined after the fact, but in the light of the information until that point. — Nassim Nicholas Taleb Copy Share Image
It does not matter how frequently something succeeds if failure is too costly to bear. — Nassim Nicholas Taleb Copy Share Image
There are systems that use failure as fuel for improvement, where the cost of failure is small. — Nassim Nicholas Taleb Copy Share Image
Make sure that you are in a situation where the constant mistakes are small and can be used for something. — Nassim Nicholas Taleb Copy Share Image
“The excess energy released from overreaction to setbacks is what innovates!” — Nassim Nicholas Taleb Copy Share Image
What America does best is produce the ability to accept failure. — Nassim Nicholas Taleb Copy Share Image
Learn to fail with pride - and do so fast and cleanly. Maximise trial and error - by mastering the error part. — Nassim Nicholas Taleb Copy Share Image
You want failures to be small and informational. Silicon Valley does very well. It knows how to use failure as a tool… — Nassim Nicholas Taleb Copy Share Image
“Believe me, it is tough to deal with the social consequences of the appearance of continuous failure. We are social animals; hell… — Nassim Nicholas Taleb Copy Share Image
“We humans are the victims of an asymmetry in the perception of random events. We attribute our successes to our skills, and… — Nassim Nicholas Taleb Copy Share Image
Character is proportionate to N, the number of consecutive failures without being discouraged, or equivalently, the number of successive rejections without being… — Nassim Nicholas Taleb Copy Share Image
It is often the mistakes of others that benefit the rest of us and, sadly, not them ... For the antifragile, harm… — Nassim Nicholas Taleb Copy Share Image
“Further, my characterization of a loser is someone who, after making a mistake, doesn’t introspect, doesn’t exploit it, feels embarrassed and defensive… — Nassim Nicholas Taleb Copy Share Image
Failure saves lives. In the airline industry, every time a plane crashes the probability of the next crash is lowered by that.… — Nassim Nicholas Taleb Copy Share Image
“Further, my characterization of a loser is someone who, after making a mistake, doesn’t introspect, doesn’t exploit it, feels embarrassed and defensive… — Nassim Nicholas Taleb Copy Share Image
Using, as an excuse, others' failure of common sense is in itself a failure of common sense. — Nassim Nicholas Taleb Copy Share Image
If you're going to fail, you'd rather fail early than fail late in general. — Nassim Nicholas Taleb Copy Share Image
“It is the system and its fragility, not events, that must be studied—what” — Nassim Nicholas Taleb Copy Share Image
“A mistake is not something to be determined after the fact, but in light of the information available until that point” — Nassim Nicholas Taleb Copy Share Image
When we want to do something while unconsciously certain to fail, we seek advice so we can blame someone else for the… — Nassim Nicholas Taleb Copy Share Image
Failure saves lives. In the airline industry, every time a plane crashes the probability of the next crash is lowered by that. — Nassim Nicholas Taleb Copy Share Image
Wittgenstein's ruler: Unless you have confidence in the ruler's reliability, if you use a ruler to measure a table you may also be using… — Nassim Nicholas Taleb Copy Share
In politics we face the choice between warmongering, nation-state loving, big-business agents on one hand; and risk-blind, top-down, epistemic arrogant big servants of large… — Nassim Nicholas Taleb Copy Share
My nightmare scenario is that the government saves Citibank once again, as well as the other banks, and business resumes as usual. Then, the… — Nassim Nicholas Taleb Copy Share
Using, as an excuse, others' failure of common sense is in itself a failure of common sense. — Nassim Nicholas Taleb Copy Share
You know, children philosophize more than adults - and they are critical of adults. — Nassim Nicholas Taleb Copy Share
“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises… — Nassim Nicholas Taleb Copy Share
“One needs to go out and buy a lottery ticket in order to win. Does it mean that the work involved in the trip… — Nassim Nicholas Taleb Copy Share
Individuals should think about the worst-case scenarios and plan for them. The world will be crazier than you think it will be. Put money… — Nassim Nicholas Taleb Copy Share
“If you are looking for your misplaced wallet in your living room, in a trial and error mode, you exercise rationality by not looking… — Nassim Nicholas Taleb Copy Share
“Most humans manage to squander their free time, as free time makes them dysfunctional, lazy, and unmotivated—the busier they get, the more active they… — Nassim Nicholas Taleb Copy Share
We learn the most from fools ... yet we pay them back with the worst ingratitude. — Nassim Nicholas Taleb Copy Share
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… — Nassim Nicholas Taleb Copy Share
“loss of bone density and degradation of the health of the bones also causes aging, diabetes, and, for males, loss of fertility and sexual… — Nassim Nicholas Taleb Copy Share
“It takes a huge investment in introspection to learn that the thirty or more hours spent “studying” the news last month neither had any… — Nassim Nicholas Taleb Copy Share
