Nassim Nicholas Taleb — "The absurdity of money is that it is only good for you if you don't spend it."
The absurdity of money is that it is only good for you if you don't spend it.
The absurdity of money is that it is only good for you if you don't spend it.
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"I've debated many economists who claim to specialize in risk and probability: when one takes them slightly outside their narrow focus, but within the discipline of probability, they fall apart, with t…"
"The world is more random than we think, and we are more fragile than we think."
"The only way to be truly successful is to fail often."
"Academia is a large collective fraud."
"The problem with government is that it's designed to solve problems, but it often creates more."
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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