More from Nassim Nicholas Taleb

  1. [T]he same past data can confirm a theory and its exact opposite! If you survive until tomorrow, it could mean that either a) you are more …
  2. [G]ain exposure to the envelope of serendipity.
  3. Forecasting by bureacrats tends to be used for anxiety relief rather than for adequate policy making.
  4. It is now the scientific consensus that our risk-avoidance mechanism is not mediated by the cognitive modules of our brain, but rather by t…
  5. Probability is a liberal art.
  6. Much of the research into humans' risk-avoidance machinery shows that it is antiquated and unfit for the modern world; it is made to counte…
  7. A casino is the only human venture I know where the probabilities are known.
  8. ... we should reward people, not ridicule them, for thinking the impossible.

All Nassim Nicholas Taleb quotes