Having an assistant (except for the strictly necessary) removes your soul from the game.
During a radio interview, when I tried explaining to the journalist the nuance and the difference between the two statements I was told that I was too complicated; so I simply walked out of the studio...
But we have evidence that collectively society doesn’t advance with organized education, rather the reverse: the level of (formal) education in a country is the result of wealth.*2
Bir treni kaçırmak ancak peşinden koşarsanız acı verici olur.
Wealth does not count so much into one’s well-being as the route one uses to get to it.
The more lethal the risks, the less visible they will be, since the severely victimized are likely to be eliminated from the evidence. The
The Black Swan is what we leave out of simplification.
That very rare ability called imagination, that rarer quality called courage, and who make things happen.
Numeraire
Not matching the idea of success others expect from you is only painful if that’s what you are seeking.
Yo observaba que personas muy inteligentes e informadas no tenían ventaja alguna sobre los taxistas en sus predicciones, pero había una diferencia crucial. Los taxistas no pensaban que comprendieran l...
The weak shows his strength and hides his weaknesses; the magnificent exhibits his weaknesses like ornaments.
The way to avoid the ills of the narrative fallacy is to favor experimentation over storytelling, experience over history, and clinical knowledge over theories. Certainly
The payoff of a human venture is, in general, inversely proportional to what it is expected to be.
The inability to predict outliers implies the inability to predict the course of history
The antifragile loves randomness and uncertainty, which also means—crucially—a love of errors, a certain class of errors. Antifragility has a singular property of allowing us to deal with the unknown,...
Read books are far less valuable than unread ones. The library should contain as much of what you do not know as your financial means, mortgage rates, and the currently tight real-estate market allow...
Bullish or bearish are terms used by people who do not engage in practicing uncertainty, like the television commentators, or those who have no experience in handling risk. Alas, investors and busines...
Failure saves lives. In the airline industry, every time a plane crashes the probability of the next crash is lowered by that. The Titanic saved lives because we're building bigger and bigger ships. S...
Much of what other people know isn’t worth knowing.