More from Nassim Nicholas Taleb

  1. In practice, randomness is fundamentally incomplete information.
  2. 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…
  3. [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 …
  4. 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…
  5. Forecasting by bureacrats tends to be used for anxiety relief rather than for adequate policy making.
  6. ... we should reward people, not ridicule them, for thinking the impossible.
  7. Probability is a liberal art.
  8. Never cross a river because it is on average 4 feet deep.

All Nassim Nicholas Taleb quotes