Best Nassim Nicholas Taleb Lines
- It might be useful to be able to predict war. But tension does not necessarily lead to war, but often to peace and to denouement. Able
- 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 a broker for… Advice
- Nobody reads the disclosures that roll down your computer screen. You click 'I agree' but you don't know what you're agreeing to. Agree
- Paul Krugman is a danger to society! Danger
- Success is about honour, feeling morally calibrated, absence of shame, not what some newspaper defines from an external metric. Absence
- The American people will eventually get hurt by this accumulated deficit. That's the problem. We have too much deficit. We have to find a solution. Accumulate
- The track record of economists in predicting events is monstrously bad. It is beyond simplification; it is like medieval medicine. Bad
- The world we live in is vastly different from the world we think we live in. From
- We should ban banks from risk-taking because society is going to pay the price. Ban
- What we need to do is break the financial community's grip on society. Break
- When I trade, I don't have an agency problem; I have my neck on the line. When a bank or banker trades, it's not his… Agency
- When you write, you don't have the social constraints of having people in front of you, so you talk about abstract matters. Abstract
- You have family-owned businesses that have been around for 500 years. You cannot name a corporation that survives intact for even a few decades. Been
- When you ask people, 'What's the opposite of fragile?,' they tend to say robust, resilient, adaptable, solid, strong. That's not it. The opposite of fragile… Adaptable
- Failure saves lives. In the airline industry, every time a plane crashes the probability of the next crash is lowered by that. The Titanic saved… Airline
- Globalization has created this interlocking fragility. At no time in the history of the universe has the cancellation of a Christmas order in New York… Cancellation
- I don't read the papers; I stopped reading the papers. I read the papers only during periods of crisis, and I think papers are too… Crisis
- I'm in favour of religion as a tamer of arrogance. For a Greek Orthodox, the idea of God as creator outside the human is not… Arrogance
- If I ask you to write down the last 4 digits of your social security number, and then take you out to lunch and ask… Ask
- People have the problem of denial. This is one of the things I learned in Lebanon. Everybody who left Beirut when the war started, including… Beirut
- The Internet allows the small guy a global marketplace. But technology is harmful in the sense that we get too much information from it. Because… Allows
- We know from chaos theory that even if you had a perfect model of the world, you'd need infinite precision in order to predict future… Anything Like
- Probability and expectation are not the same. Its probability and probability times the pay off. Expectation
- Things always become obvious after the fact Always Become
- Maximum of an average is necessarily less volatile than the average maximum Average
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