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Quote by Nassim Nicholas Taleb

“You want failures to be small and informational. Silicon Valley does very well. It knows how to use failure as a tool for improvement.”

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Nassim Nicholas Taleb

Nassim Nicholas Taleb is a renowned author, scholar, and thinker whose unique perspective and profound insights have had a wide-reaching impact in fields such as finance, statistics, and philosophy. He is best known for his books 'The Black Swan' and 'Fooled by Randomness', which have explored the nature of uncertainty, risk, and probability theory. more

“You want to favor systems that benefit from error, disorder, variability and things like that. You want to favor these systems and unfortunately, when - there's something I call the Soviet Illusion. The more the government becomes intrusive, the more things have to follow a script, and it can't handle this kind of system.”

Want Kind Government Benefits Illusion Errors Scripts Favors Handle Disorder Soviet Variability

Author:Nassim Nicholas Taleb

“Bankers, they're not harmed by their mistakes. They benefit when things go right, and the society pays the price.”

Pay Mistake Benefits Bankers Pay The Price

Author:Nassim Nicholas Taleb

“The bonus for bankers fragilizes the system. Someone has the upside at the expense of others.”

Expenses Bankers Bonus

Author:Nassim Nicholas Taleb

“Never, never, never think - that's one lesson you should have in life. Never think that lack of variability is stability.”

Thinking Should Lessons Should Have Stability Variability

Author:Nassim Nicholas Taleb

Quote by Nassim Nicholas Taleb

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