Nassim Nicholas Taleb
Nassim Nicholas Taleb
Nassim Nicholas Talebis a Lebanese-American essayist, scholar, statistician, former trader, and risk analyst, whose work focuses on problems of randomness, probability, and uncertainty. His 2007 book The Black Swan was described in a review by the Sunday Times as one of the twelve most influential books since World War II...
NationalityLebanese
ProfessionScientist
CountryLebanon
delay large members united
In the United States, large corporations control some members of Congress. All this does is delay the corporation's funeral at our expense.
happiness humanity replace trade
Corporations take the humanity out of trade - they take the happiness out and replace it with something that is ugly.
Capitalism has forced everyone to overoptimize in order to compete.
children
You know, children philosophize more than adults - and they are critical of adults.
There are two types of people: those who try to win and those who try to win arguments. They are never the same.
risks
If you take risks and face your fate with dignity, there is nothing you can do that makes you small; if you don't take risks, there is nothing you can do that makes you grand, nothing.
Inequalities of wealth lead to a dispersion in wealth for all.
accounts catholic crusades deeply french greek sceptical school side
If you are an Arabic-speaking, Greek-Orthodox going to a French school it makes you deeply sceptical if you have to listen to three different accounts of the Crusades - one from the Muslim side, one from the Greek side and one from the Catholic side.
surplus
Governments that try to shoot for a surplus hardly ever reach it.
fails
Bailing out every bank that fails makes the system riskier, not safer.
Writing is sacred, other activities are profane, and I don't want them to corrupt my writing.
anyone banks bombs convincing listen sit telling tendency themselves time willing
I've been telling anyone willing to listen that banks have a tendency to sit on time bombs while convincing themselves that they are conservative and nonvolatile.
people rarely
People employed in financial institutions are rarely interesting and even more rarely likable.
consumers instance lending mortgage needed people
The mortgage crisis is a clear instance of consumers who needed protection. There was predatory lending to people who didn't know what they were doing.