Nassim Nicholas Taleb — "The best way to get rich is to avoid getting poor."
The best way to get rich is to avoid getting poor.
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More from Nassim Nicholas Taleb
"I trust prostitutes more than bankers."
"Attention authors: if a reviewer writes an unfair review of your work, contact me, I can be very unfair in reviewing his review."
"The only thing worse than a fool is a smart fool."
"The problem with smart people is that they think they can outsmart randomness."
"Imbeciles summarize the black swan by 'shit happens.' Intelligent people say 'Let us learn how not to be a Turkey.'"
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.