Nassim Nicholas Taleb — "Modern life is a product of people who don't understand probability."
Modern life is a product of people who don't understand probability.
Modern life is a product of people who don't understand probability.
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"Some people are only funny when they try to be serious."
"Never trust a man who wears a tie."
"People are much more willing to take advice from someone who looks like them."
"Never engage in a discussion with a bureaucrat. You will lose your soul."
"If you hear a 'prominent' economist using the word 'equilibrium', or 'normal distribution', do not argue with him; just ignore him."
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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