logo

Quotes from Nassim Nicholas Taleb

A simple solution, but quite drastic: anyone who goes into public service should not be allowed to subsequently earn more from any commercial activity than the income of the highest paid civil servant. It is like a voluntary cap (it would prevent people from using public office as a credential-building temporary accommodation, then going to Wall Street to earn several million dollars). This would get priestly people into office.
~ Nassim Nicholas Taleb
Light control works; close control leads to overreaction
~ Nassim Nicholas Taleb
Our propensity to impose meaning and concepts blocks our awareness of the details making up the concept.
~ Nassim Nicholas Taleb
what is made to fly will not do well trapped on the ground
~ Nassim Nicholas Taleb
Normative Economics is like religion without the aesthetics.
~ Nassim Nicholas Taleb
Our brain is not cut out for nonlinearities. People think that if, say, two variables are causally linked, then a steady input in one variable should always yield a result in the other one. Our emotional apparatus is designed for linear causality. For
~ Nassim Nicholas Taleb
Using, as an excuse, others' failure of common sense is in itself a failure of common sense.
~ Nassim Nicholas Taleb
our misunderstanding of the Black Swan can be largely attributed to our using System 1, i.e., narratives
~ Nassim Nicholas Taleb
Survival comes first, truth, understanding, and science later.
~ Nassim Nicholas Taleb
Paris itself was barely controlled by France—no more than the Rio slums called favelas are currently ruled by the Brazilian central state.
~ Nassim Nicholas Taleb
It is always convenient to invoke universalism when you are in the majority.
~ Nassim Nicholas Taleb
Problema noastr? nu este numai c? nu cunoa?tem viitorul, ci ?i c? nu cunoa?tem nici trecutul.
~ Nassim Nicholas Taleb
Being an executive doesn't require very developed frontal lobes, but rather a combination of charisma, a capacity to sustain boredom, and the ability to shallowly perform on harrowing schedules.
~ Nassim Nicholas Taleb
Prediction requires knowing about technologies that will be discovered in the future, but that very knowledge would almost automatically allow us to start developing those technologies right away. Ergo we do not know what we will know.
~ Nassim Nicholas Taleb
The payoff of a human venture is, in general, inversely proportional to what it is expected to be.
~ Nassim Nicholas Taleb
Yet in spite of the visibility of the counterevidence, and the wisdom you can pick up free of charge from the ancients (or grandmothers), moderns try today to create inventions from situations of comfort, safety, and predictability instead of accepting the notion that "necessity really is the mother of invention.
~ Nassim Nicholas Taleb
It turns out, as shown by Karsenty and others who have since embarked on the line of research, that the reverse is also largely true: loss of bone density and degradation of the health of the bones also causes aging, diabetes, and, for males, loss of fertility and sexual function. We just cannot isolate any causal relationship in a complex system.
~ Nassim Nicholas Taleb
In their intense meditation the hidden sound of things approaching reaches them and they listen reverently while in the street outside the people hear nothing at all.
~ Nassim Nicholas Taleb
Luck favors the prepared," Pasteur
~ Nassim Nicholas Taleb
Many, like the great Roman statesman Cato the Censor, looked at comfort, almost any form of comfort, as a road to waste.1 He did not like it when we had it too easy, as he worried about the weakening of the will. And the softening he feared was not just at the personal level: an entire society can fall ill.
~ Nassim Nicholas Taleb
The more we try to turn history into anything other than an enumeration of accounts to be enjoyed with minimal theorizing, the more we get into trouble. Are we so plagued with the narrative fallacy?†
~ Nassim Nicholas Taleb
For instance, having an intense emotional shock from seeing a snake coming out of my keyboard or a vampire entering my room, followed by a period of soothing safety (with chamomile tea and baroque music) long enough for me to regain control of my emotions, would be beneficial for my health, provided of course that I manage to overcome the snake or vampire after an arduous, hopefully heroic fight and have a picture taken next to the dead predator.
~ Nassim Nicholas Taleb
Don't look for the precise and local. Simply; do not be narrow minded.
~ Nassim Nicholas Taleb
talking about radiation, few wonder why, after hundreds of million of years of having our skins exposed to sun rays, we suddenly need so much protection from them—is it that our exposure is more harmful than before because of changes in the atmosphere, or populations living in an environment mismatching the pigmentation of their skin—or rather, that makers of sun protection products need to make some profits?
~ Nassim Nicholas Taleb