Nassim Nicholas Taleb — "Hotel heuristic: In a new hotel, always reject the first room they give you."
Hotel heuristic: In a new hotel, always reject the first room they give you.
Hotel heuristic: In a new hotel, always reject the first room they give you.
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"The best way to get rich is to avoid getting poor."
"A BS detection heuristic would be to use education in reverse: hire, conditional on an equal set of skills, the person with the least label-oriented education. In addition, people who didn't go to Har…"
"The only people who think that a billion dollars isn't enough are those who have at least a billion dollars."
"Never trust a wage slave."
"The curse of modernity is that we are increasingly populated by a class of people who are better at explaining than understanding, or better at explaining than doing."
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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