More from Nassim Nicholas Taleb

  1. I try to make money infrequently, as infrequently as possible simply because I believe that rare events are not fairly valued, and that the…
  2. At no point during his ordeal did Nero think of himself as 72% alive and 28% dead.
  3. I always remind myself that what one observes is at best a combination of variance and returns, not just returns.
  4. Science evolves from funeral to funeral.
  5. A mistake is not something to be determined after the fact, but in the light of the information until that point.
  6. Probability is not about the odds, but about the belief in the existence of an alternative outcome, cause, or motive.
  7. [U]nlike a well-defined, precise game like Russian roulette, where the risks are visible to anyone capable of multiplying and dividing by s…
  8. We favor the visible, the embedded, the personal, the narrated, and the tangible; we scorn the abstract.

All Nassim Nicholas Taleb quotes