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
mistake used situation
Make sure that you are in a situation where the constant mistakes are small and can be used for something.
mistake pay-the-price benefits
Bankers, they're not harmed by their mistakes. They benefit when things go right, and the society pays the price.
mistake people harm
Capitalism is about adventurers who get harmed by their mistakes, not people who harm others with their mistakes.
mistake suffering debt
Debt is a mistake between lender and borrower, and both should suffer.
mistake errors benefits
It is often the mistakes of others that benefit the rest of us and, sadly, not them ... For the antifragile, harm from errors should be less than the benefits.
mistake light information
A mistake is not something to be determined after the fact, but in the light of the information until that point.
pain mistake desire
A Stoic is someone who transforms fear into prudence, pain into transformation, mistakes into initiation, and desire into undertaking.
serendipity luck
...maximize the serendipity around you.
weakness
It is a sign of weakness to avoid showing signs of weakness.
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.