Nassim Nicholas Taleb Quotes About Decisions

Quotes about: Decisions

• It is my great hope someday, to see science and decision makers rediscover what the ancients have always known. Namely that our highest currency is respect.

  Nassim Nicholas Taleb

  Respect, Decision, Someday

  Nassim Nicholas Taleb (2010). “The Black Swan: Second Edition: The Impact of the Highly Improbable Fragility"”, p.90, Random House

• If you have more than one reason to do something (choose a doctor or veterinarian, hire a gardener or an employee, marry a person, go on a trip), just don’t do it. It does not mean that one reason is better than two, just that by invoking more than one reason you are trying to convince yourself to do something. Obvious decisions (robust to error) require no more than a single reason.

  Nassim Nicholas Taleb

  Mean, Errors, Doctors

• If you sat with a pencil and jotted down all the decisions you've taken in the past week, or, if you could, over your lifetime, you would realize that almost all of them have had asymmetric payoff, with one side carrying a larger consequence than the other. You decide principally based on fragility, not probability. Or to rephrase, You decide principally based on fragility, not so much on True/False.

  Nassim Nicholas Taleb

  Taken, Past, Decision

• My point taken further is that True and False (hence what we call "belief") play a poor, secondary role in human decisions; it is the payoff from the True and the False that dominates-and it is almost always asymmetric, with one consequence much bigger than the other, i.e., harboring positive and negative asymmetries (fragile or antifragile). Let me explain.

  Nassim Nicholas Taleb

  Taken, Play, Decision

  Nassim Nicholas Taleb (2012). “Antifragile: Things That Gain from Disorder”, p.259, Random House

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