Nassim Nicholas Taleb — "Beware of economists. They are like doctors who treat the symptoms, not the dise…"
Beware of economists. They are like doctors who treat the symptoms, not the disease.
Beware of economists. They are like doctors who treat the symptoms, not the disease.
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"Never trust a man who needs a subtitle for his job."
"Unlike dilettantes, career professionals are to knowledge what prostitutes are to love."
"The characteristic feature of the loser is to bemoan, in general terms, mankind's flaws, biases, contradictions, and irrationality – without exploiting them for fun and profit."
"The most dangerous people in the world are those who have nothing to lose."
"The best way to get rich is to avoid getting poor."
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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