"If you are in banking and lending, surprise……" — Nassim Nicholas Taleb

If you are in banking and lending, surprise outcomes are likely to… - Nassim Nicholas Taleb

"If you are in banking and lending, surprise outcomes are likely to be negative for you."

— Nassim Nicholas Taleb

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219 Quotes by Nassim Nicholas Taleb

Nassim Nicholas Taleb has 219 quotes on this site. A few more worth reading:

I no longer care about the financial system. I gave them my roadmap. OK? Thanks, bye. I've no idea what's…
Hard work will get you a professorship or a BMW. You need both work and luck for a Booker, a…
Work hard, not in grunt work, but in chasing such opportunities and maximizing exposure to them. This makes living in…
...maximize the serendipity around you.
Answer e-mails from junior people before more senior ones. Junior people have further to go and tend to remember who…
Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same; the antifragile gets better.
He who has never sinned is less reliable than he who has only sinned once.
Modernity has replaced ethics with legalese, and the law can be gamed with a good lawyer.
Let me be more aggressive: we are largely better at doing than we are at thinking, thanks to antifragility. I’d…
This is the tragedy of modernity: as with neurotically overprotective parents, those trying to help are often hurting us the…
Many people keep deploring the low level of formal education in the United states (as defined by, say, math grades).…
But they never notice the following inconsistency: this so-called worst-case event, when it happened, exceeded the worst case at the…

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More Banking Quotes

This quote is filed under Banking Quotes, one of 253 quotes in that category. Here are a few more:

I hesitate to deposit money in a bank. I am afraid I shall never dare to take it out again.… — Jean Baudrillard
It is easier to rob by setting up a bank than by holding up a bank clerk. — Bertolt Brecht
What's breaking into a bank compared with founding a bank? — Bertolt Brecht
At the heart of banking is a suicidal strategy. Banks take money from the public or each other on call,… — James Buchan
I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912. I brought light to the Dominican… — Smedley Butler
Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional… — Vince Cable
You can't fall back on the private sector and say, 'You take care of the nation's banking system.' That's a… — Dick Cheney
In my generation, except for a few people who'd gone into banking or nursing or something like that, middle-class women… — Julia Child
If only God would give me some clear sign! Like making a large deposit in my name at a Swiss… — Woody Allen
I would like to believe in an afterlife; it makes things more palatable. But I'm not banking on it. — Jarvis Cocker
Banks lend by creating credit. They create the means of payment out of nothing. — Ralph George Hawtrey
I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a… — Thomas Jefferson

See all 253 Banking Quotes »