Nassim Nicholas Taleb: Other

“Half of the people lie with their lips; the other half with their tears”

Nassim Nicholas Taleb book The Bed of Procrustes: Philosophical and Practical Aphorisms

Source: The Bed of Procrustes: Philosophical and Practical Aphorisms

People , Lie , Tear

“Missing a train is only painful if you run after it! Likewise, not matching the idea of success others expect from you is only painful if that’s what you are seeking.”

Nassim Nicholas Taleb

Source: The Black Swan: The Impact of the Highly Improbable

Pain , Idea , Success , Training

“A prophet is not someone with special visions, just someone blind to most of what others see”

Nassim Nicholas Taleb book The Bed of Procrustes: Philosophical and Practical Aphorisms

Source: The Bed of Procrustes: Philosophical and Practical Aphorisms

“Most humans manage to squander their free time, as free time makes them dysfunctional, lazy, and unmotivated—the busier they get, the more active they are at other tasks.”

Nassim Nicholas Taleb

Source: Antifragile: Things That Gain From Disorder

Time

“true humility is when you can surprise yourself more than others; the rest is either shyness or good marketing”

Nassim Nicholas Taleb book The Bed of Procrustes: Philosophical and Practical Aphorisms

Source: The Bed of Procrustes: Philosophical and Practical Aphorisms

“In science you need to understand the world; in business you need others to misunderstand it.”

Nassim Nicholas Taleb book The Bed of Procrustes: Philosophical and Practical Aphorisms

Source: The Bed of Procrustes: Philosophical and Practical Aphorisms (2010), p. 4

World , Understanding , Business , Science

“It is often the mistakes of others that benefit the rest of us—and, sadly, not them … For the antifragile, harm from errors should be less than the benefits.”

Nassim Nicholas Taleb book Antifragile: Things That Gain from Disorder

Source: Antifragile: Things That Gain from Disorder (2012), p. 72

Error

“Globalization creates interlocking fragility, while reducing volatility and giving the appearance of stability. In other words it creates devastating Black Swans. We have never lived before under the threat of a global collapse. Financial Institutions have been merging into a smaller number of very large banks. Almost all banks are interrelated. So the financial ecology is swelling into gigantic, incestuous, bureaucratic banks — when one fails, they all fall. The increased concentration among banks seems to have the effect of making financial crisis less likely, but when they happen they are more global in scale and hit us very hard. We have moved from a diversified ecology of small banks, with varied lending policies, to a more homogeneous framework of firms that all resemble one another. True, we now have fewer failures, but when they occur… I shiver at the thought.”

Nassim Nicholas Taleb

Source: The Black Swan: The Impact of the Highly Improbable (2007), pp. 225-226

Failure , Appearance

“The worst side effect of wealth is the social associations it forces on its victims, as people with big houses end up socializing with other people with big houses.”

Nassim Nicholas Taleb book Antifragile: Things That Gain from Disorder

Source: Antifragile: Things That Gain from Disorder (2012), p. 174

People , Housing , Wealth

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

Nassim Nicholas Taleb book The Bed of Procrustes: Philosophical and Practical Aphorisms

Source: The Bed of Procrustes: Philosophical and Practical Aphorisms (2010), p. 57

Way , Courage

“Using, as an excuse, others’ failure of common sense is in itself a failure of common sense.”

Nassim Nicholas Taleb book The Bed of Procrustes: Philosophical and Practical Aphorisms

Source: The Bed of Procrustes: Philosophical and Practical Aphorisms (2010), p. 7

Failure , Sense

“A man is morally free when… he judges the world, and judges other men, with uncompromising sincerity. This is not just an aim but an obligation.”

Nassim Nicholas Taleb book Antifragile: Things That Gain from Disorder

Source: Antifragile: Things That Gain from Disorder (2012), p. 16

Men , World , Sincerity

“The sucker’s trap is when you focus on what you know and what others don’t know, rather than the reverse.”

Nassim Nicholas Taleb book The Bed of Procrustes: Philosophical and Practical Aphorisms

Source: The Bed of Procrustes: Philosophical and Practical Aphorisms (2010), p. 56

“The knowledge we get by tinkering, via trial and error, experience, and the workings of time, in other words, contact with the earth, is vastly superior to that obtained through reasoning, something self-serving institutions have been very busy hiding from us.”

Nassim Nicholas Taleb book Skin in the Game

Source: Skin in the Game (2018), p. 7

Time , Business , Error , Knowledge