Nassim Nicholas Taleb — "Don't tell me what you think, tell me what you have in your portfolio."
Don't tell me what you think, tell me what you have in your portfolio.
Don't tell me what you think, tell me what you have in your portfolio.
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"The more you try to optimize, the more fragile you become."
"An ad hominem attack against an individual, not against an idea, is highly flattering. It indicates that the person does not have anything intelligent to say about your message."
"The rich are not just people who have money; they are people who have options."
"You want to be the fire and wish for the wind."
"I wonder if anyone ever measured the time it takes, at a party, before a mildly successful stranger who went to Harvard makes others aware of 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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