Nassim Nicholas Taleb — "The more complex the system, the more likely it is to fail."
The more complex the system, the more likely it is to fail.
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More from Nassim Nicholas Taleb
"Don't tell me what you think, tell me what you have in your portfolio."
"A good book gets better on the second reading. A great book on the third. Any book not worth rereading isn't worth reading."
"Imbeciles summarize the black swan by 'shit happens.' Intelligent people say 'Let us learn how not to be a Turkey.'"
"If you want to be a philosopher, write aphorisms. If you want to be a professor, write books."
"Never trust anyone who doesn't drink alcohol."
About Nassim Nicholas Taleb (born 1960)
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.