Nassim Nicholas Taleb — "An expert is a person who has made all the mistakes that can be made in a very n…"
An expert is a person who has made all the mistakes that can be made in a very narrow field.
An expert is a person who has made all the mistakes that can be made in a very narrow field.
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"I am, at the Fed level, libertarian; at the state level, Republican; at the local level, Democrat; and at the family and friends level, a socialist. If that saying doesn't convince you of the fatuousn…"
"Banks hire dull people and train them to be even more dull."
"The only people who think that a billion dollars isn't enough are those who have at least a billion dollars."
"The difference between technology and slavery is that slaves are fully aware that they are not free."
"Education makes the wise slightly wiser, but it makes the fool vastly more dangerous."
Lebanese-American probabilist and The Black Swan (2007) author whose work on tail risk and antifragility reshaped finance and policy thinking. Closely associated with Benoit Mandelbrot (fractal mathematician, Taleb's mentor figure). For an intellectual contrast, see Steven Pinker, Harvard psychologist and The Better Angels of Our Nature author — Taleb has spent the 2010s publicly attacking Pinker's data-driven 'things are getting better' optimism as naive Gaussian thinking under fat-tailed reality — the loudest public statistics argument of the decade.
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