Nassim Nicholas Taleb: Thing

Nassim Nicholas Taleb is Lebanese-American essayist, scholar, statistician, former trader and risk analyst. Explore interesting quotes on thing.
Nassim Nicholas Taleb: 392 quotes29 likes

“Things always become obvious after the fact”

Nassim Nicholas Taleb

“This is the central illusion in life: that randomness is a risk, that it is a bad thing …”

Nassim Nicholas Taleb book Antifragile: Things That Gain from Disorder

Source: Antifragile: Things That Gain from Disorder (2012), p. 84

“They think that intelligence is about noticing things are relevant (detecting patterns); in a complex world, intelligence consists in ignoring things that are irrelevant (avoiding false patterns)”

Nassim Nicholas Taleb

“Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty.”

Nassim Nicholas Taleb

Source: Antifragile: Things That Gain From Disorder

“You exist if and only if you are free to do things without a visible objective, with no justification and, above all, outside the dictatorship of someone else’s narrative.”

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

Source: The Bed of Procrustes: Philosophical and Practical Aphorisms (2010), p. 17

“It takes extraordinary wisdom and self-control to accept that many things have a logic we do not understand that is smarter than our own.”

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

Source: The Bed of Procrustes: Philosophical and Practical Aphorisms (2010), p. 78

“There is no effective difference between guessing a variable that is not random, but for which information is partial or deficient (…), and a random one (…). In this sense, guessing (what I don't know, but what someone else may know) and predicting (what has not taken place yet) are the same thing.”

Nassim Nicholas Taleb

Source: The Black Swan: The Impact of the Highly Improbable (2007), p. 142

“Intelligence consists in ignoring things that are irrelevant.”

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

Source: The Bed of Procrustes: Philosophical and Practical Aphorisms (2010), p. 78

“Modernity needs to understand that being rich and becoming rich are not mathematically, personally, socially, and ethically the same thing.”

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

Source: The Bed of Procrustes: Philosophical and Practical Aphorisms (2010), p. 22

“[A] theory is a very dangerous thing to have.”

Nassim Nicholas Taleb book Antifragile: Things That Gain from Disorder

Source: Antifragile: Things That Gain from Disorder (2012), p. 116

“Few understand that procrastination is our natural defense, letting things take care of themselves and exercise their antifragility.”

Nassim Nicholas Taleb book Antifragile: Things That Gain from Disorder

Source: Antifragile: Things That Gain from Disorder (2012), p. 122

“[In] economics… you can disguise charlatanism under the weight of equations and nobody can catch you since there is no such thing as a controlled experiment. Now the spirit of such methods, called scientism by its detractors, continued into the discipline of finance as a few technicians thought their mathematical knowledge could lead them to understand markets. The practice of financial engineering came along with massive doses of pseudoscience.”

Nassim Nicholas Taleb book Fooled by Randomness

page 115
Fooled by Randomness (2001)

“There is a saying that bad traders divorce their spouse sooner than abandon their positions. Loyalty to ideas is not a good thing for traders, scientists - or anyone.”

Nassim Nicholas Taleb book Fooled by Randomness

Source: Five: Survival of the Least Fit—Can Evolution be Fool by Randomness | A Review of Market Fools of Randomness Constants | The Traits They Shared
Fooled by Randomness (2001)

“There is no such thing as a failed soldier, dead or alive (unless he acted in a cowardly manner)—likewise there is no such thing as a failed entrepreneur or failed scientific researcher …”

Nassim Nicholas Taleb book Antifragile: Things That Gain from Disorder

Source: Antifragile: Things That Gain from Disorder (2012), p. 79