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
errors information robust
For the robust, an error is information.
effort information doe
Information is antifragile; it feeds more on attempts to harm it than it does on efforts to promote it.
ignorance knowledge information
Information is bad for knowledge.
practice information theory
While in theory randomness is an intrinsic property, in practice, randomness is incomplete information.
giving information belief
If you let markets - in general, my belief is that if you let markets give you information, they'll give you the information rather than artificially prop up everything.
mistake light information
A mistake is not something to be determined after the fact, but in the light of the information until that point.
information opinion weak
When you develop your opinions on the basis of weak evidence, you will have difficulty interpreting subsequent information that contradicts these opinions, even if this new information is obviously more accurate.
giving fool information
To bankrupt a fool, give him information.
serendipity luck
...maximize the serendipity around you.
weakness
It is a sign of weakness to avoid showing signs of weakness.
callous designed people provide social turn
In social policy, when we provide a safety net, it should be designed to help people take more entrepreneurial risks, not to turn them into dependents. This doesn't mean that we should be callous to the underprivileged.
functions home human run textbook understood victims view
We are victims of the post-Enlightenment view that the world functions like a sophisticated machine, to be understood like a textbook engineering problem and run by wonks. In other words, like a home appliance, not like the human body.
noticed
Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.
drop except local
I don't go to the doctor except when I'm very ill, and when I go to India, I drink a drop of local water.