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
needs world
In science you need to understand the world; in business you need others to misunderstand it.
world want
I want to live happily in a world I don’t understand.
practice our-world secret
There are secrets to our world that only practice can reveal, and no opinion or analysis will ever capture in full.
thinking different world
The world we live in is vastly different from the world we think we live in.
thinking world patterns
They think that intelligence is about noticing things are relevant (detecting patterns); in a complex world, intelligence consists in ignoring things that are irrelevant (avoiding false patterns)
order perfect world
We know from chaos theory that even if you had a perfect model of the world, you'd need infinite precision in order to predict future events. With sociopolitical or economic phenomena, we don't have anything like that.
real understanding world
Prediction, not narration, is the real test of our understanding of the world.
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.