What we need to do is break the financial community's grip on society. — Nassim Nicholas Taleb Copy Share Image
People employed in financial institutions are rarely interesting and even more rarely likable. — Nassim Nicholas Taleb Copy Share Image
The fastest way to become rich is to socialize with the poor; the fastest way to become poor is to socialize with… — Nassim Nicholas Taleb Copy Share Image
You are rich if and only if money you refuse tastes better than money you accept. — Nassim Nicholas Taleb Copy Share Image
“Just as no monkey is as good-looking as the ugliest of humans, no academic is worthier than the worst of the creators” — Nassim Nicholas Taleb Copy Share Image
It is much harder to become independent if you are wealthy than to become wealthy if you are independent. — Nassim Nicholas Taleb Copy Share Image
Inequalities of wealth lead to a dispersion in wealth for all. — Nassim Nicholas Taleb Copy Share Image
Being an entrepreneur is an existential, not just a financial thing. — Nassim Nicholas Taleb Copy Share Image
Dress your best on your execution day. Be extremely courteous to your assistant when you lose money. Try not to blame others… — Nassim Nicholas Taleb Copy Share Image
The worst side effect of wealth is the social associations it forces on its victims, as people with big houses end up… — Nassim Nicholas Taleb Copy Share Image
Never take advice from anyone in a tie. They'll bankrupt you. Don't ask a general for advice on war, and don't ask… — Nassim Nicholas Taleb Copy Share Image
I no longer care about the financial system. I gave them my roadmap. OK? Thanks, bye. I've no idea what's going on.… — Nassim Nicholas Taleb Copy Share Image
“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and… — Nassim Nicholas Taleb Copy Share Image
Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers… — Nassim Nicholas Taleb Copy Share Image
“Take a population of 10 people, 9 having a net worth of $ 30,000 and 1 having a net worth of $… — Nassim Nicholas Taleb Copy Share Image
If one puts an infinite number of monkeys in front of typewriters, and lets them clap away, there is a certainty that… — Nassim Nicholas Taleb Copy Share Image
We have this culture of financialization. People think they need to make money with their savings rather with their own business. So… — Nassim Nicholas Taleb Copy Share Image
Financial institutions have been merging into a smaller number of very large banks. Almost all banks are interrelated. So the financial ecology… — Nassim Nicholas Taleb Copy Share Image
“social treadmill effect: You get rich, move to rich neighborhoods, then become poor again. To that add the psychological treadmill effect; you… — Nassim Nicholas Taleb Copy Share Image
“The virtue of capitalism is that society can take advantage of people’s greed rather than their benevolence, but there is no need… — Nassim Nicholas Taleb Copy Share Image
“There is more money in designing a shoe than in actually making it: Nike, Dell, and Boeing can get paid for just… — Nassim Nicholas Taleb Copy Share Image
I suppose that the main benefit of being rich (over just being independent) is to be able to despise rich people (a… — Nassim Nicholas Taleb Copy Share Image
“I will set aside the point that I see no special heroism in accumulating money, particularly if, in addition, the person is… — Nassim Nicholas Taleb Copy Share Image
Modernity needs to understand that being rich and becoming rich are not mathematically, personally, socially, and ethically the same thing. — Nassim Nicholas Taleb Copy Share Image
Individuals should think about the worst-case scenarios and plan for them. The world will be crazier than you think it will be.… — Nassim Nicholas Taleb Copy Share Image
The key to wealth is that it doesn't matter. Once you've had it, you don't think anything of it; you can wear… — Nassim Nicholas Taleb Copy Share Image
What we do today has nothing to do with capitalism or socialism. It is a crony type of system that transfers money… — 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
