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
favour owners capitalist
I'm a capitalist but one who is smallist and localist, and who favours businesses where owners are still in charge.
war ties advice
Never take advice from anyone in a tie. They'll bankrupt you. Don't ask a general for advice on war, and don't ask a broker for advice on money.
computer clicks disclosure
Nobody reads the disclosures that roll down your computer screen. You click 'I agree' but you don't know what you're agreeing to.
danger
Paul Krugman is a danger to society!
feelings metrics shame
Success is about honour, feeling morally calibrated, absence of shame, not what some newspaper defines from an external metric.
hurt people too-much
The American people will eventually get hurt by this accumulated deficit. That's the problem. We have too much deficit. We have to find a solution.
medicine track records
The track record of economists in predicting events is monstrously bad. It is beyond simplification; it is like medieval medicine.
thinking different world
The world we live in is vastly different from the world we think we live in.
pay-the-price risk should
We should ban banks from risk-taking because society is going to pay the price.
community needs financial
What we need to do is break the financial community's grip on society.
writing people matter
When you write, you don't have the social constraints of having people in front of you, so you talk about abstract matters.
names years corporations
You have family-owned businesses that have been around for 500 years. You cannot name a corporation that survives intact for even a few decades.
strong opposites people
When you ask people, 'What's the opposite of fragile?,' they tend to say robust, resilient, adaptable, solid, strong. That's not it. The opposite of fragile is something that gains from disorder.
wall thinking bonus
I don't know anyone on Wall Street who goes to work every day thinking of anything but how to increase their bonus.