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The Arabs have an expression for trenchant prose: no skill to understand it, mastery to write it.
~ Nassim Nicholas Taleb
matters are far worse: we may have no less of a problem with phony skepticism.
~ Nassim Nicholas Taleb
while the statements are dressed up to look as if they were made for the benefit of the collective.
~ Nassim Nicholas Taleb
Stern was part of the conference but absent from the dinner.
~ Nassim Nicholas Taleb
But we don't easily translate this to other domains and remain victims of scientism
~ Nassim Nicholas Taleb
Nor did the point escape Machiavelli. Jean-Jacques Rousseau wrote, citing him: "It seemed, wrote Machiavelli, that in the midst of murders and civil wars, our republic became stronger [and] its citizens infused
~ Nassim Nicholas Taleb
options pushed me to study the math of probability.
~ Nassim Nicholas Taleb
grammar is something people without anything more exciting to do in their lives codify into a book. While
~ Nassim Nicholas Taleb
The word sample stresses that one sees only one realization among a collection of possible ones. Now, a sample path can be either deterministic or random, which brings the next distinction.
~ Nassim Nicholas Taleb
the lucky surge of interest for reasons completely external to the works themselves.
~ Nassim Nicholas Taleb
They may hate McDonald's, but they certainly hate uncertainty even more.
~ Nassim Nicholas Taleb
The first of the problems of human nature that we examine in this section, the one just illustrated above, is what I call the narrative fallacy.
~ Nassim Nicholas Taleb
Such statements, that other traders had also gotten into trouble, are self-incriminating.
~ Nassim Nicholas Taleb
Note a slight disagreement on my part that does not change the story by much: the world, rather, moves by large incremental random changes.
~ Nassim Nicholas Taleb
but runs the risk of killing a few, with a net benefit to society.
~ Nassim Nicholas Taleb
you never cure structural defects; the system corrects itself by collapsing.*2
~ Nassim Nicholas Taleb
if you seek certainty about whether the patient has cancer, not certainty about whether he is healthy, then you might be satisfied with negative inference, since it will supply you the certainty you seek.
~ Nassim Nicholas Taleb
every search has incrementally a higher probability of yielding a result
~ Nassim Nicholas Taleb
they are explicitly designed to benefit from market volatility.
~ Nassim Nicholas Taleb
this was his most significant insight, but it remains his least known.
~ Nassim Nicholas Taleb
By dumping the kitchen sink of scientific references in a paper, one can make another literary intellectual believe that one's material has the stamp of science.
~ Nassim Nicholas Taleb
their role being confined to analysis, not decision making.
~ Nassim Nicholas Taleb
to avoid dullness may help to filter out the nonessential.)
~ Nassim Nicholas Taleb
absence of evidence is not evidence of absence, a simple point that has the following implications: for the antifragile, good news tends to be absent from past data, and for
~ Nassim Nicholas Taleb