Nassim Nicholas Taleb — "The most overrated virtue is intelligence. The most underrated virtue is courage…"
The most overrated virtue is intelligence. The most underrated virtue is courage.
The most overrated virtue is intelligence. The most underrated virtue is courage.
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"Prediction is a fool's errand."
"The only way to learn is by doing."
"Never eat anything that your great-grandmother would not recognize as food."
"People are much less interested in what you are trying to show them than in what you are trying to hide."
"My dream—the solution—is that we would have a National Entrepreneur Day, with the following message: Most of you will fail, disrespected, impoverished, but we are grateful for the risks you are taking…"
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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