Nassim Nicholas Taleb — "CNBC journalists are idiots."
CNBC journalists are idiots.
CNBC journalists are idiots.
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"When I die, I want the highest number of firemen, risk takers, & other real people and the smallest number of academics to attend my funeral."
"The more you try to explain something, the less people understand it."
"The more data you have, the more likely you are to find spurious correlations."
"The more energy you spend trying to control things, the less energy you have to adapt to them."
"The three most addictive substances on earth are heroin, carbohydrates, and a monthly salary."
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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