Rich Quotes by Nassim Nicholas Taleb

Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers…

— Nassim Nicholas Taleb

I am happy everywhere except in places where I see glitz and rich farts. I am happiest in Brooklyn, where the concentration…

— Nassim Nicholas Taleb

Anything that provides you with very, very stable income, very stable conditions, maybe generally stable, that often, it masks real risks, risks…

— Nassim Nicholas Taleb

It was obvious that their profits were simply cash borrowed from destiny with some random payback time.

— Nassim Nicholas Taleb

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

Modernity needs to understand that being rich and becoming rich are not mathematically, personally, socially, and ethically the same thing.

— Nassim Nicholas Taleb

You are rich if and only if money you refuse tastes better than money you accept.

— Nassim Nicholas Taleb

Poverty is clearly one source of emotional suffering, but there are others, like loneliness.

— Nassim Nicholas Taleb

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

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

As countries get rich they start increasing education and the very educated people tend to not like trial and error, because they…

— Nassim Nicholas Taleb

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

“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

It is much harder to become independent if you are wealthy than to become wealthy if you are independent.

— Nassim Nicholas Taleb