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.
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More from Nassim Nicholas Taleb
"The general public has a hard time distinguishing between the truth and a well-told story."
"Someone who says 'I am busy' is either declaring incompetence (and lack of control of his life) or trying to get rid of you."
"Banks hire dull people and train them to be even more dull."
"Those with brains and no balls become mathematicians, those with balls and no brains join the mafia, those with no balls and no brains become economists, and those with balls and brains become entrepr…"
"The way people reveal unconsciously that an action would be in their best interest is by telling you that it is 'in *your* best interest'."
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.
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