“A theory is like medicine or government: often useless, sometimes necessary, always self-serving and, on occasion, lethal. It needs to be used… — Nassim Nicholas Taleb Copy Share Image
While in theory randomness is an intrinsic property, in practice, randomness is incomplete information. — Nassim Nicholas Taleb Copy Share Image
“I will repeat the following until I am hoarse: it is contagion that determines the fate of a theory in social science,… — Nassim Nicholas Taleb Copy Share Image
We know from chaos theory that even if you had a perfect model of the world, you'd need infinite precision in order… — Nassim Nicholas Taleb Copy Share Image
The same past data can confirm a theory and its exact opposite! If you survive until tomorrow, it could mean that either… — 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
![“[A] theory is a very dangerous thing to have.” quote by Nassim Nicholas Taleb](https://sms4smile.com/quotes/img-quotes/7a5/nassim-nicholas-taleb-352_dangerous_a-theory-is-a-very-dangerous-thing-to-ha_808737.jpg)
