“ Our problem is not just that we do not know the future, we do not know much of the past either. We Nassim Nicholas Taleb
“ Now take a look at the cemetery. It is quite difficult to do so because people who fail do not seem to write memoirs, and, if they did, those business publishers I know would not even consider giving… Nassim Nicholas Taleb
“ Makridakis and Hibon reached the sad conclusion that statistically sophisticated or complex methods do not necessarily provide more accurate forecasts than simpler ones. Nassim Nicholas Taleb
“ I had time to kill at the airport and it was a great opportunity for me to buy dark European chocolate, especially since I have managed to successfully convince myself that airport calories don’t coun… Nassim Nicholas Taleb
“ Antifragile shows how people confuse risk of ruin with variations and fluctuations—a simplification that violates a deeper, more rigorous logic of things. Nassim Nicholas Taleb
“ Alas, investors and businesses are not paid in probabilities; they are paid in dollars. Accordingly, it is not how likely an event is to happen that matters, it is how much is made when it happens tha… Nassim Nicholas Taleb
“ Follows: to understand the future to the point of being able to predict it, you need to incorporate elements from this future itself. If Nassim Nicholas Taleb
“ You can define a free person precisely as someone whose fate is not centrally or directly dependent on peer assessment. Nassim Nicholas Taleb
“ Writers are remembered for their best work, politicians for their worst mistakes, and businessmen are almost never remembered. Nassim Nicholas Taleb
“ Whenever you hear a snotty (and frustrated) European middlebrow presenting his stereotypes about Americans, he will often describe them as uncultured, unintellectual, and poor in math because, unlike… Nassim Nicholas Taleb
“ What they call philosophy I call literature; what they call literature I call journalism; what they call journalism I call gossip; and what they call gossip I call (generously) voyeurism. Nassim Nicholas Taleb
“ What made medicine fool people for so long was that its successes were prominently displayed and its mistakes (literally) buried. Nassim Nicholas Taleb
“ What Erasmus called ingratitudo vulgi, the ingratitude of the masses, is increasing in the age of globalization and the Internet. Nassim Nicholas Taleb