More from Nassim Nicholas Taleb

  1. ... we should reward people, not ridicule them, for thinking the impossible.
  2. 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…
  3. 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…
  4. [G]ain exposure to the envelope of serendipity.
  5. In practice, randomness is fundamentally incomplete information.
  6. [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 …
  7. Forecasting by bureacrats tends to be used for anxiety relief rather than for adequate policy making.
  8. Probability is a liberal art.

All Nassim Nicholas Taleb quotes