Nassim Nicholas Taleb — "The problem with 'experts' is that they're often optimized for telling a good st…"
The problem with 'experts' is that they're often optimized for telling a good story, not for accurate prediction.
The problem with 'experts' is that they're often optimized for telling a good story, not for accurate prediction.
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"If you want to be a philosopher, write aphorisms. If you want to be a professor, write books."
"Avoid professions where you are paid for your opinions rather than for results."
"The intellectual is someone who uses big words to hide small ideas."
"The more you try to optimize, the more fragile you become."
"Missing a train is only painful if you run after it! Likewise, not matching the idea of success others expect from you is only painful if that's what you are seeking."
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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