“Most people are sceptical about the wrong things and gullible about the wrong things.”
Filter quotes by topic
Famous Nassim Nicholas Taleb Quotes
“The grandchildren should not bear the debts of the grandparents.”
Source: The Bed of Procrustes: Philosophical and Practical Aphorisms
“Debt is a mistake between lender and borrower, and both should suffer.”
“A country's assets reside in the tinkerers, the hobbyists, and the risk-takers.”
“A good maxim allows you to have the last word without even starting a conversation.”
Source: Incerto 4-Book Bundle: Fooled by Randomness The Black Swan The Bed of Procrustes Antifragile
“Alan Greenspan is unskilled; you don't take the unskilled seriously.”
“All of technology, really, is about maximizing free options.”
“Being an economist is the least ethical profession, closer to charlatanism than any science.”
“Economics make homeopath and alternative healers look empirical and scientific.”
“Fragility is the quality of things that are vulnerable to volatility.”
“I lift heavy weights and sprint, but I am so bad at it that I develop severe injuries.”
“If you are in banking and lending, surprise outcomes are likely to be negative for you.”
Source: Incerto 4-Book Bundle: Fooled by Randomness The Black Swan The Bed of Procrustes Antifragile
“The world we live in is vastly different from the world we think we live in.”
“We should ban banks from risk-taking because society is going to pay the price.”
“What we need to do is break the financial community's grip on society.”
“Probability and expectation are not the same. Its probability and probability times the pay off.”
“Maximum of an average is necessarily less volatile than the average maximum”
Source: Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
“Doctors most commonly get mixed up between absence of evidence and evidence of abense”
Source: The Black Swan: Second Edition: The Impact of the Highly Improbable Fragility