Nassim Nicholas Taleb — "CNBC journalists are idiots."
CNBC journalists are idiots.
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More from Nassim Nicholas Taleb
"So long as you see the picture of Larry Summers going to Davos, you have to stay short U.S. Treasuries for another year. It means they [the Obama administration] don't know what's going on."
"If you want to be a philosopher, write books. If you want to be a journalist, write tweets. If you want to be a parasite, write academic papers."
"Don't cross a river if it is four feet deep on average."
"To understand the world, you must be a generalist. To make a living, you must be a specialist."
"If you want to be a philosopher, write aphorisms. If you want to be a professor, write books."
About Nassim Nicholas Taleb (born 1960)
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.