Nassim Nicholas Taleb — "I can’t believe how much time people waste on things that don’t matter."
I can’t believe how much time people waste on things that don’t matter.
I can’t believe how much time people waste on things that don’t matter.
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"The more data you have, the more likely you are to find spurious correlations."
"Don't tell me what you think, tell me what you have in your portfolio."
"Attention authors: if a reviewer writes an unfair review of your work, contact me, I can be very unfair in reviewing his review."
"An expert is a person who has made all the mistakes that can be made in a very narrow field."
"Medieval man was a cog in a wheel he did not understand; modern man is a cog in a complicated system he thinks he understands."
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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