The inability to predict outliers implies the inability to predict the course of history — Nassim Nicholas Taleb Copy Share Image
“I know that history will be dominated by an improbable event, I just don't know what that event will be.” — Nassim Nicholas Taleb Copy Share Image
“I know that history is going to be dominated by an improbable event, I just don’t know what that event will be.” — Nassim Nicholas Taleb Copy Share Image
At no point in history have so many non-risk-takers, that is, those with no personal exposure, exerted so much control. — Nassim Nicholas Taleb Copy Share Image
“it is easy to see that history is truly written by losers with time on their hands and a protected academic position.” — Nassim Nicholas Taleb Copy Share Image
“In the past, only some of the males, but all of the females, were able to procreate. Equality is more natural for… — Nassim Nicholas Taleb Copy Share Image
Only in recent history has "working hard" signaled pride rather than shame for lack of talent, finesse and, mostly, sprezzatura . — 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
In economic life and history more generally, just about everything of consequence comes from black swans; ordinary events have paltry effects in… — Nassim Nicholas Taleb Copy Share Image
We glorify those who left their names in history books at the expense of those contributors about whom our books are silent.… — Nassim Nicholas Taleb Copy Share Image
“Learn to read history, get all the knowledge you can, do not frown on the anecdote, but do not draw any causal… — Nassim Nicholas Taleb Copy Share Image
History is opaque. You see what comes out, not the script that produces events, [...] The generator of historical events is different… — Nassim Nicholas Taleb Copy Share Image
“Until recent history, the central state represented about 5 percent of the economy. ...and further, governments were sufficiently distracted by war to leave… — Nassim Nicholas Taleb Copy Share Image
“Actually my father kept hinting to me the problem of getting good grades himself: the person who was at the exact bottom… — 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 Image
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 Image
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 Image
Using, as an excuse, others' failure of common sense is in itself a failure of common sense. — Nassim Nicholas Taleb Copy Share Image
You know, children philosophize more than adults - and they are critical of adults. — 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 debt crises… — Nassim Nicholas Taleb Copy Share Image
“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 Image
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 Image
“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 Image
“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 Image
We learn the most from fools ... yet we pay them back with the worst ingratitude. — Nassim Nicholas Taleb Copy Share Image
![“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.” quote by Nassim Nicholas Taleb](https://sms4smile.com/quotes/img-quotes/b20/nassim-nicholas-taleb-352_deeds_history-is-opaque-you-see-what-comes-out_237423.jpg)
