Nassim Nicholas Taleb Quotes - Page 9

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• Dress your best on your execution day. Be extremely courteous to your assistant when you lose money. Try not to blame others for your fate, even if they deserve blame. Never exhibit any self-pity. Do not complain.

  Nassim Nicholas Taleb

  Adversity, Fate, Self

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• 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.

  Nassim Nicholas Taleb

  Years, Names, Corporations

  "Nassim Taleb: 'Big corporations will always fail'". Interview With Tim Adams, www.theguardian.com. June 19, 2010.

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• Every social association that is not face-to-face is injurious to your health.

  Nassim Nicholas Taleb

  Association, Faces, Social

  Nassim Nicholas Taleb (2016). “Incerto 4-Book Bundle: Fooled by Randomness The Black Swan The Bed of Procrustes Antifragile”, p.1744, Random House

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• Redundancy is ambiguous because it seems like a waste if nothing unusual happens. Except that something unusual happens-usually .

  Nassim Nicholas Taleb

  Waste, Unusual, Ambiguous

  Nassim Nicholas Taleb (2012). “Antifragile: Things That Gain from Disorder”, p.45, Random House

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• You want failures to be small and informational. Silicon Valley does very well. It knows how to use failure as a tool for improvement.

  Nassim Nicholas Taleb

  Doe, Valleys, Tools

  Source: www.pbs.org

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• Much of modern life is preventable chronic stress injury.

  Nassim Nicholas Taleb

  Stress, Modern Life, Life Is

  Nassim Nicholas Taleb (2012). “Antifragile: Things That Gain from Disorder”, p.64, Random House

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• I have respect for mother nature's methods of robustness (billions of years allow most of what is fragile to break); classical thought is more robust (in its respect for the unknown, the epistemic humility) than the modern post-Enlightenment naïve pseudoscientific autism. Thus my classical values make me advocate the triplet of erudition, elegance, and courage; against modernity's phoniness, nerdiness and philistinism

  Nassim Nicholas Taleb

  Mother, Humility, Years

  "The Bed of Procrustes: Philosophical and Practical Aphorisms". Book by Nassim Nicholas Taleb, 2010.

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• Read books are far less valuable than unread ones. The library should contain as much of what you do not know as your financial means, mortgage rates, and the currently tight real-estate market alow you to put there.

  Nassim Nicholas Taleb

  Real, Book, Knowledge

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• A system, artificially stabilized, and of course you have hidden risks under the surface, and you don't know where the risks are.

  Nassim Nicholas Taleb

  Risk, Surface, Courses

  Source: www.pbs.org

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• Writing is the art of repeating oneself without anyone noticing.

  Nassim Nicholas Taleb

  Art, Writing, Oneself

  Nassim Nicholas Taleb (2010). “The Bed of Procrustes: Philosophical and Practical Aphorisms”, p.45, Random House

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• Work hard, not in grunt work, but in chasing such opportunities and maximizing exposure to them. This makes living in big cities invaluable because you increase the odds of serendipitous encounters-you gain exposure to the envelope of serendipity.

  Nassim Nicholas Taleb

  Hard Work, Opportunity, Odds

  Nassim Nicholas Taleb (2010). “The Black Swan: Second Edition: The Impact of the Highly Improbable Fragility"”, p.209, Random House

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• I disagree with the followers of Marx and those of Adam Smith: the reason free markets work is because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or "incentives" for skill.

  Nassim Nicholas Taleb

  Errors, Skills, People

  Nassim Nicholas Taleb (2010). “The Black Swan: Second Edition: The Impact of the Highly Improbable Fragility"”, p.25, Random House

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• To be completely cured of newspapers, spend a year reading the previous week's newspapers.

  Nassim Nicholas Taleb

  Reading, Years, Week

  Nassim Nicholas Taleb (2016). “Incerto 4-Book Bundle: Fooled by Randomness The Black Swan The Bed of Procrustes Antifragile”, p.1722, Random House

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• People work out, they stress their body, and their body gets stronger from stress.

  Nassim Nicholas Taleb

  Stress, People, Work Out

  Source: www.pbs.org

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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 employers on the other. But we have a choice.

  Nassim Nicholas Taleb

  Top Down, Hands, Choices

  Nassim Nicholas Taleb (2010). “The Bed of Procrustes: Philosophical and Practical Aphorisms”, p.90, Random House

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• This is the central illusion in life: that randomness is a risk, that it is a bad thing.

  Nassim Nicholas Taleb

  Risk, Illusion, Randomness

  "Antifragile: Things That Gain from Disorder". Book by Nassim Nicholas Taleb, 2012.

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• When you beat up someone physically, you get excercise and stress relief; when you assault him verbally on the Internet, you just harm yourself.

  Nassim Nicholas Taleb

  Stress, Anger, Relief

  Nassim Nicholas Taleb (2010). “The Bed of Procrustes: Philosophical and Practical Aphorisms”, p.73, Random House

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• Nobody reads the disclosures that roll down your computer screen. You click 'I agree' but you don't know what you're agreeing to.

  Nassim Nicholas Taleb

  Computer, Clicks, Disclosure

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• Democracies can't handle austerity measures very well.

  Nassim Nicholas Taleb

  Democracy, Austerity, Wells

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• Most so-called writers keep writing and writing with the hope, some day, to find something to say.

  Nassim Nicholas Taleb

  Writing

  Nassim Nicholas Taleb (2016). “Incerto 4-Book Bundle: Fooled by Randomness The Black Swan The Bed of Procrustes Antifragile”, p.1751, Random House

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• My major hobby is teasing people who take themselves and the quality of their knowledge too seriously and those who don't have the guts to sometimes say: I don't know.

  Nassim Nicholas Taleb

  People, Quality, Hobbies

  "We still have the same disease" by Margaret Wente, www.theglobeandmail.com. September 13, 2009.

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• I've debated many economists who claim to specialize in risk and probability: when one takes them slightly outside their narrow focus, but within the discipline of probability, they fall apart, with the disconsolate face of a gym rat in front of a gangster hit man.

  Nassim Nicholas Taleb

  Fall, Men, Gym Rats

  Nassim Nicholas Taleb (2012). “Antifragile: Things That Gain from Disorder”, p.245, Random House

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• You never win an argument until they attack your person.

  Nassim Nicholas Taleb

  Winning, Argument, Persons

  Nassim Nicholas Taleb (2010). “The Bed of Procrustes: Philosophical and Practical Aphorisms”, p.14, Random House

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• Decomposition, for most, starts when they leave the free, social, and uncorrupted college life for the solitary confinement of professions and nuclear families.

  Nassim Nicholas Taleb

  College, Nuclear Families, Social

  Nassim Nicholas Taleb (2010). “The Bed of Procrustes: Philosophical and Practical Aphorisms”, p.42, Random House

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• A good rule of thumb is as follows: If the numbers come from somebody wearing a tie (Wall Street economist or analyst, industry public relations department, captive think tank academic and so on), you ought to be very skeptical. By design messages from these people are intended to move markets, move merchandise and/or move public policy and are not a comment on the state of the physical universe.

  Nassim Nicholas Taleb

  Wall, Moving, Thinking

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