Nassim Nicholas Taleb — "The problem with democracy is that it's based on the idea that everyone's opinio…"
The problem with democracy is that it's based on the idea that everyone's opinion is equally valid.
The problem with democracy is that it's based on the idea that everyone's opinion is equally valid.
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"The average person is not interested in truth, but in comfort."
"You exist if and only if you are free to do things without a visible economic gain."
"The more data you have, the more likely you are to find spurious correlations."
"You can tell how uninteresting a person is by asking him whom he finds interesting."
"The best way to predict the future is to create it."
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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