Business Quote by Nassim Nicholas Taleb

“Some business bets in which one wins big but infrequently, yet loses small but frequently, are worth making if others are suckers for them and if you have the personal and intellectual stamina.” quote by Nassim Nicholas Taleb — Download Open image

““Some business bets in which one wins big but infrequently, yet loses small but frequently, are worth making if others are suckers for them and if you have the personal and intellectual stamina.””

Nassim Nicholas Taleb

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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…

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My nightmare scenario is that the government saves Citibank once again, as well as the other banks, and business resumes as usual. Then, the…

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Using, as an excuse, others' failure of common sense is in itself a failure of common sense.

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You know, children philosophize more than adults - and they are critical of adults.

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“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises…

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“One needs to go out and buy a lottery ticket in order to win. Does it mean that the work involved in the trip…

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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…

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“If you are looking for your misplaced wallet in your living room, in a trial and error mode, you exercise rationality by not looking…

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“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…

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We learn the most from fools ... yet we pay them back with the worst ingratitude.

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