Nassim Nicholas Taleb — "Finance professors have the highest salaries in academia, we overpay for them to…"
Finance professors have the highest salaries in academia, we overpay for them to stay on campus.
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More from Nassim Nicholas Taleb
"The only way to be truly free is to be financially independent."
"People are much less interested in what you are trying to show them than in what you are trying to hide."
"The more you try to optimize, the more fragile you become."
"Banks hire dull people and train them to be even more dull."
"The problem with government is that it's designed to solve problems, but it often creates more."
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.