Nassim Nicholas Taleb — "The more complex the system, the more likely it is to fail."
The more complex the system, the more likely it is to fail.
The more complex the system, the more likely it is to fail.
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"Avoid professions where you are paid for your opinions rather than for results."
"If you want to annoy a academic, tell him that his work is 'interesting.'"
"The only way to be a philosopher is to practice what you preach—and the only way to practice what you preach is to be a philosopher."
"I suspect that the readiest way to determine a person's intelligence is to look at the number of his enemies."
"The intellectual is someone who uses big words to hide small ideas."
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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