Nassim Nicholas Taleb — "Virtue is when the income you wish to show the tax agency exceeds what you wish …"
Virtue is when the income you wish to show the tax agency exceeds what you wish to show your neighbor.
Virtue is when the income you wish to show the tax agency exceeds what you wish to show your neighbor.
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"The best way to get rich is to avoid getting poor."
"So long as you see the picture of Larry Summers going to Davos, you have to stay short U.S. Treasuries for another year. It means they [the Obama administration] don't know what's going on."
"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'."
"Thinking is for showing off."
"Bureaucracy is a tax on the intelligent."
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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