Crash Quote by Nassim Nicholas Taleb
“Rationalism crashes in the tails.”
About This Quote
Source Book: The Black Swan, 2007
Rationalism fails when applied to extreme, low‑probability events, exposing its limits.
In simple terms: Rational thinking breaks down in rare events.
Accept uncertainty, avoid overconfidence.
Themes
Mood
Type
When to use this quote
- financial markets
- policy making
- personal risk assessment
- disaster planning
Key Concepts
Questions to Reflect On
- How do you guard against overconfidence in rare events?
- When should you trust statistical models?
Rational models can still be useful in normal conditions.