Quotes from Nassim Nicholas Taleb

exposed to a major blowup without being aware of it

Men feel the good less intensely than the bad

Socrates was put to death because he disrupted something that, in the eyes of the Athenian establishment, was working just fine.

So here is a simple rule of thumb (a heuristic): to estimate the quality of research, take the caliber of the highest detractor, or the caliber of the lowest detractor whom the author answers in print—whichever is lower.

parts and whole differ because what matters are the interactions between such parts.

gently remind him of the fate of the monk whom Ivan the Terrible put to death for delivering uninvited (and moralizing) advice.

You cannot look at the future by naive projection of the past.

In the end it is those who derive consequences and seize the importance of the ideas, seeing their real value, who win the day. They are the ones who can talk about the subject.

In the decentralized hedge fund space, on the other hand, owner-operators have at least half of their net worth in the funds, making them relatively more exposed than any of their customers, and

the choices and preferences are those of the majority.

You are buying dependability.

Stoicism makes you desire the challenge of a calamity.

o acesso a dados aumenta a intervenção, fazendo com que nos comportemos como o sujeito neurótico.

Put yourself in situations where favorable consequences are much larger than unfavorable ones.

One would suppose that people living through the beginning of WWII had an inkling that something momentous was taking place. Not at all.fn3

that which came with the help of luck could be taken away by luck (and often rapidly and unexpectedly at that). The flipside, which deserves to be considered as well (in fact it is even more of our concern), is that things that come with little help from luck are more resistant to randomness.

It is downright unethical to use public office for enrichment.

reality doesn't care about winning arguments: survival is what matters.

as reduced exposure is one of the causes behind such allergies).

dependability is a driver behind many transactions.

confusing intensity with frequency.

judged by their actions, not by the results. No matter how sophisticated our choices, how good we are at dominating the odds, randomness will have the last word.

Um peru é alimentado durante mil dias por um açougueiro; cada dia

O tempo é o melhor teste de fragilidade — abrange volumosas doses de desordem