Nassim Nicholas Taleb

"Failure saves lives. In the airline industry, every time a plane crashes the probability of the next crash is lowered by that. The Titanic saved lives because we're building bigger and bigger ships. So these people died, but we have effectively improved the safety of the system, and nothing failed in vain."

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Source: The Tavis Smiley Show, www.pbs.org. December 3, 2012.

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Nassim Nicholas Taleb

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.'

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