Quotes About Value
You are rich if money you refuse tastes better than money you accept.
~ Nassim Nicholas Taleb
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What matters isn't what a person has or doesn't have; it is what he or she is afraid of losing.
~ Nassim Nicholas Taleb
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If it costs you your peace, it's too expensive.
~ Nassim Nicholas Taleb
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Read books are far less valuable than unread ones.
~ Nassim Nicholas Taleb
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You are rich if and only if money you refuse tastes better than money you accept.
~ Nassim Nicholas Taleb
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What fools call wasting time is most often the best investment.
~ Nassim Nicholas Taleb
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It is the same logic reversal we saw earlier with the value of what we don't know; everybody knows that you need more prevention than treatment, but few reward acts of prevention.
~ Nassim Nicholas Taleb
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but at least I know that I cannot forecast and a small number of people (those I care about) take that as an asset.
~ Nassim Nicholas Taleb
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If you lose we will be equals and stay friends forever, and if you win you'll take my precious blue flower as a prize and we stay friends forever. How lucky you are!
~ Nassim Nicholas Taleb
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Consider that all the wealth of the world can't buy a liquid more pleasurable than water after intense thirst.
~ Nassim Nicholas Taleb
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others paid by the hour are not there yet.
~ Nassim Nicholas Taleb
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One day in the 1980s I had dinner with a famous speculator, a hugely successful man. He muttered the hyperbole that hit home: "much of what other people know isn't worth knowing.
~ Nassim Nicholas Taleb
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The more uncertainty, the more valuable the option.
~ Nassim Nicholas Taleb
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Sadly, it may be even worse for you to make $10 million, then lose back nine, than to making nothing at all! True, you may end up with a million (as compared to nothing), but it may be better had you got zilch. (This assumes, of course, that you care about financial rewards.)
~ Nassim Nicholas Taleb
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The best slave is someone who is overpaid and he knows it
~ Nassim Nicholas Taleb
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All pieces of information are not equal in importance.
~ Nassim Nicholas Taleb
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notion of alternative accounting: $ 10 million earned through Russian roulette does not have the same value as $ 10 million earned through the diligent and artful practice of dentistry.
~ Nassim Nicholas Taleb
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The work itself was a secondary consideration.
~ Nassim Nicholas Taleb
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you are excited about how cheap it
~ Nassim Nicholas Taleb
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What matters, in the end, is what they pay for goods, not what they say they "think" about them, or the various possible reasons they give you or themselves for that.
~ Nassim Nicholas Taleb
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Who gets rewarded, the central banker who avoids a recession or the one who comes to "correct" his predecessors' faults and happens to be there during some economic recovery? Who is more valuable, the politician who avoids a war or the one who starts a new one (and is lucky enough to win)?
~ Nassim Nicholas Taleb
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are supposedly underpaid because of their emotional reward from serving society.
~ Nassim Nicholas Taleb
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my wish is for people in general to remain fools of randomness (so I can trade against them), yet for there to remain a minority intelligent enough to value my methods and hire my services.
~ Nassim Nicholas Taleb
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10 million earned through Russian roulette does not have the same value as $10 million earned through the diligent and artful practice of dentistry.
~ Nassim Nicholas Taleb
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