Nassim Nicholas Taleb — "Don't tell me what you think, tell me what you have in your portfolio."
Don't tell me what you think, tell me what you have in your portfolio.
Don't tell me what you think, tell me what you have in your portfolio.
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"An expert is a person who has made all the mistakes that can be made in a very narrow field."
"The most overrated virtue is intelligence. The most underrated virtue is courage."
"Banks hire dull people and train them to be even more dull."
"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."
"Nobel prize guy is an idiot."
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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