Nassim Nicholas Taleb

Author, Statistician

Nassim Nicholas Taleb is a philosopher and author known for his works on risk, uncertainty, and decision-making, particularly in 'The Black Swan.'

Born
September 16, 1967
Quotes
342
Rank
#137

Quote collection

Nassim Nicholas Taleb quotes (page 10 of 18)

342 quotes — follow a thought to its full quote page.

Nassim Nicholas Taleb Author, Statistician
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"They will envy you for your success, your wealth, for your intelligence, for your looks, for your status - but rarely for your wisdom."

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"If you don't feel that you haven't read enough, you haven't read enough."

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"There are systems that use failure as fuel for improvement, where the cost of failure is small."

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"Debt is a mistake between lender and borrower, and both should suffer."

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"We know from chaos theory that even if you had a perfect model of the world, you'd need infinite precision in order to predict future events. With sociopolitical or economic phenomena, we don't have anything like that."

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"The best test of whether someone is extremely stupid (or extremely wise) is whether financial and political news makes sense to him."

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"Probability is not a mere computation of odds on the dice or more complicated variants; it is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance."

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"If my detractors knew me better they would hate me even more."

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"Older people are most beautiful when they have what is lacking in the young: poise, erudition, wisdom, phronesis, and this post-heroic absence of agitation."

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"There are secrets to our world that only practice can reveal, and no opinion or analysis will ever capture in full."

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"I hated school because I liked to daydream and the system tried to stop me from that."

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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."

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"To become a philosopher, start by walking very slowly."

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"We tend to use knowledge as therapy."

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"Mental clarity is the child of courage, not the other way around."

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"The narrative fallacy addresses our limited ability to look at sequences of facts without weaving an explanation into them, or, equivalently, forcing a logical link, an arrow of relationship, upon them. Explanations bind facts together. They make them all the more easily remembered; they help them make more sense. Where this propensity can go wrong is when it increases our impression of understanding."

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

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"You are rich if and only if money you refuse tastes better than money you accept."

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