Nassim Nicholas Taleb — "Banks hire dull people and train them to be even more dull."
Banks hire dull people and train them to be even more dull.
Banks hire dull people and train them to be even more dull.
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"Imbeciles summarize the black swan by 'shit happens.' Intelligent people say 'Let us learn how not to be a Turkey.'"
"If you have more than one reason to do something (choose a doctor or veterinarian, hire a gardener or an employee, marry a person, go on a trip), just don't do it. Obvious decisions (robust to error) …"
"The general public has a hard time distinguishing between the truth and a well-told story."
"Never eat anything that your great-grandmother would not recognize as food."
"Never ask a barber if you need a haircut."
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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