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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"A good book gets better on the second reading. A great book on the third. Any book not worth rereading isn't worth reading."
"Avoid professions where you are paid for your opinions rather than for results."
"The difference between a charlatan and a true philosopher is that the charlatan tries to impress you with his knowledge, while the philosopher tries to make you think."
"If you see fraud and do not say fraud, you are a fraud."
"The problem with conventional education is that it tries to teach you what to think, not how to think."
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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